Economic Impact Payments: Round Three

On March 12, following the American Rescue Plan Act’s approval and signing, the IRS began sending out the third round of Economic Impact Payments. Most payments were sent out via direct deposit, but approximately 150,000 checks were mailed by the Treasury...

What Story Do Your Numbers Tell?

Understanding financial numbers is a skill.  It takes time and effort to get comfortable with working with these numbers and making sure everything is accounted for, but it’s vital to the long-term success of your service business. The good news is that...

How To Put Profit In The Driver’s Seat of Your Service Business

Profit shouldn’t be an afterthought, but that’s the way most service business owners treat it. They put profit as the last priority, at the end of the line of sales, expenses, payroll, taxes, and everything else in their business, and what do you think happens when...

Show Me The Money! Understanding Your Financial Numbers

Scores of small business owners aren’t on top of their business numbers. If you are looking to grow your business, it’s important to know your numbers and have the information readily accessible. With a clear picture of your business’s financial health, you can...

Claiming the Refundable Employee Retention Tax Credit

Eligible employers can now claim a refundable employee retention tax credit against the employer share of Social Security tax equal to 70% of the qualified wages they pay to employees after December 31, 2020, through June 30, 2021. Qualified wages are limited to...

The 20 Minute Process to Rapidly Growing Your Service Business

There is a simple process that every service business owner can use to not only amplify the growth of their business but also identify the areas of the business that aren’t pulling their weight. It’s called the Rapid Growth Analysis Script and it’s something you...