How to sell the “prevention” instead of the “cure”?
To grow a valuable business – one you can sell – you need to set up your company so that it is no longer reliant on you. This can be … Read more
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Employee vs. Independent Contractor
When it comes to the workforce, there are two types of workers: those who are employees and those who are independent contractors. What’s the difference? Quite a lot, actually. If … Read more
What are the power ratios of your business?
Doctors in the developing world measure their progress not by the aggregate number of children who die in childbirth, but by the infant mortality rate – a ratio of the … Read more
How To Inoculate Your Business From The Dangers Ahead?
A new decade always comes with a slew of predictions that can be scary. Will a new superbug take hold? Will the stock market crash? Will the economy tank? These … Read more
The Most Critical Factor in Achieving Your Goals May Surprise You
As we roll into the fourth quarter of the year, you may be starting to consider your business goals for next year. Given how 2020 has gone, maybe your primary … Read more
When is the right time to transition to a new accountant?
Transitioning to a new accountant can be a very tricky decision to make. However, it is completely normal to outgrow your current accountant and move on to someone who understands … Read more
Importance of Bookkeeping?
Bookkeeping is the process of recording and storing financial transactions. Transactions are typically recorded in a bookkeeping system, which can be either paper-based or electronic. The goal of bookkeeping is … Read more
How to pay yourself as a business owner?
If you’re like most people, you probably don’t know how to pay yourself as a business owner. Being a small business owner, it’s important to know how to pay yourself. … Read more
How to accurately determine the value of your business?
Your business is likely your largest asset so it’s normal to want to know what it is worth. The problem is: business valuation is what one might call a “subjective … Read more
3 Invisible Gates That Stop Most Companies Flat
How many people can one person manage? Harvard Business Review estimates the ideal range for an experienced manager is between five and nine direct reports. Inc. pegs the sweet spot … Read more
