Small Business Accountant Small business accountant conversations usually start the same way. You sit down, look at the reports, nod along, and walk out still wondering what you’re supposed to do with any of it.The gap between having the information and actually...
Business Risks A business risk doesn’t always show up as an emergency. Most days they look like a task you keep meaning to get to; an old price list you never updated, or a process nobody wrote down. I know what it’s like to put it off because the phones...
Debt Payoff Strategy A solid debt payoff strategy is one of those things most home service business owners know they need, but very few feel confident they have right. When there is a little extra cash at the end of the month, the question is never simple. Do you pay...
Gross Profit Margin Gross profit margin problems don’t get solved by saying yes to more jobs. I worked with a home service business running at a 20% gross profit margin, when the industry average for their trade was 35%. The owner’s answer was simple. Do...
Small Business Profit Required Small business profit is not what’s left over after everyone else gets paid. It’s the part of your business that has to come first, or it never shows up at all. Most home service owners I talk to didn’t start their...
The Hidden Profit Leak Inside Your Job Flow I’ve talked to hundreds of home service business owners who are working nonstop, running a full schedule, and still losing money at the end of the week. The problem usually isn’t effort. It’s that work is...
