Category: Business Blog

For every small business we see close there is also: An insurance agent that loses a client. An accountant that loses a client. A bookkeeper who loses a client. A marketing vendor who loses a client. Multiple equipment vendors who lose a client. An air conditioning maintenance vendor who loses a client. A handy man… Continue reading When One Door Closes

Keep your receipts. I don’t know a single person who started a business so that they could have mounds of receipts that they needed to keep in order to protect themselves from the government. No one likes to do this, but you absolutely must. When you make a purchase, write a note on the receipt… Continue reading Day 31 of 31 Days to Freedom in Your Business

Today we are talking about something very practical and tactical. Plan next week on Friday afternoon. Every Friday I clear my inbox, then schedule the next week out.  I have a printable template that I use to block my time as needed.  This is where I see what next week’s priorities, time constraints, and plans… Continue reading Day 30 of 31 Days to Freedom in Your Business

If you sometimes ask employees to pay a business expense and then be reimbursed, you need a good system for them to do this. 1- This minimizes the opportunity for fraud. 2- This ensures that they get reimbursed in a timely manner (it really isn’t okay to ask an employee to front your business money,… Continue reading Day 29 of 31 Days to Freedom in Your Business

I have worked with businesses that have cash flow issues and those that don’t. One of those types of businesses isn’t really profitable.  Wanna guess which one? If you have cash flow issues, you must cut expenses.  If you don’t cut expenses, you won’t live to see another day.  Rip off the band-aid, and start… Continue reading Day 28 of 31 Days to Freedom in Your Business