Category: Business Blog

Yesterday we talked about outsourcing.  In my opinion, ground zero for outsourcing is hiring a payroll company.  And make it a good one. This is simply something that just isn’t worth doing in-house.  100% of my clients use a payroll company.  And 100% of my clients only input hours for their employees each pay period.… Continue reading Day 22 of 31 Days to Freedom in Your Business

Yesterday we talked about hiring in time.  Along those same lines, a common question is, “When should I outsource work?” Some things are obvious to outsource.  I don’t know any doctors that do their own electrical work.  Others are a bit more challenging to decide.  The options are endless.  I can make my own website. … Continue reading Day 21 of 31 Days to Freedom in Your Business

There are good times and bad times to hire.  But the worst time to hire is two weeks after you need the person to start.  You are at least four weeks late if you do that. Don’t wait to hire skilled employees or someone who will need training until you are so swamped that you… Continue reading Day 20 of 31 Days to Freedom in Your Business

Raise your hand if you know that you should diversify your investment portfolio? Literally everyone raises their hand.  This is so obvious that you knew it before you understood why you even needed a portfolio. But how does this translate to your business? Don’t allow a single customer or client to comprise more than 30%… Continue reading Day 19 of 31 Days to Freedom in Your Business

Consider how your demand and your pricing intersect.   Pre-coronavirus, Disney World raised prices every year, much more than inflation would dictate.  And every year more people would come.  They over inflate the costs of their food to fairly ridiculous rates, and yet people (me) still get up at 6 AM 180 days before their trip… Continue reading Day 18 of 31 Days to Freedom in Your Business