How much did you get to pay yourself last month? Was it an intentional amount, or just the left over crumbs after all your business expenses were made? What if we flipped the accounting equation on its head? Instead of Revenue – Expenses=Profits, what if you pay...
Planning to start a service industry business partnership with a friend? Prudence demands looking at the pitfalls – as well as the potential strengths – of such relationships. Here are a few questions to consider. What will my friend/ business partner...
To keep your business solvent through the COVID-19 pandemic, stay focused on the 3 rules of cash flow: 1) Now versus later. Cash now is better than cash later. Decreasing cash flow for many of your customers means you’ll likely have trouble collecting 100% of...
