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As the economy is starting to recover from the pandemic, many businesses are facing the following problems: -
Have you heard the following myths regarding accounting and finances? -
8 Ways to Make Your Company More Valuable Have you considered selling your business? Or, are you already set on selling? -
Price increases are usually subtle over time, mainly due to inflation. If you are not annually reviewing and increasing prices, you will likely see margins decrease. Usually, you can increase your prices up to 7% annually before most customers notice or complain. However, this varies by industry. -
Do you own or manage a business, and desire to improve profitability? -
5 Ways to Focus on Profits As a business owner, do you feel you are not getting paid what you are worth? Have you not taken a profit distribution in years or not even know what a profit distribution is? Do you dread tax time because you do not have enough to pay your taxes regularly? Have you bought into the lie that that best way to grow your business is through bank loans or investors? -
How To Make Finance Fun When taking a course called “Free to Focus” by Michael Hyatt, I noticed a common theme. People consider accounting & finance to be drudgery. Hyatt asks us to separate our activities into four zones. The Desire Zone, Disinterest Zone, Drudgery Zone, and Distractions Zone. I won’t go into details on all the zones but the Drudgery Zone contains activities in which people do not have a passion or proficiency.