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In today's digital age, data isn't just a buzzword; it's a powerful tool that can transform how small businesses operate and grow. But many small business owners feel intimidated by their numbers, financial reports, and spreadsheets alike. I have 4 tips for you today that will help reframe your mindset around data and be able to better utilize that data within your business.
Chances are you’ve run into a scenario where your cash flow gets a little tight in your business. Analyzing your cash flow can be intimidating, especially for small businesses and start ups. In 2021, I had a call with a business owner who owned an agency structured start up. Over the last three years of working together my client’s business has a very predictable cash flow, a fairly consistent bank balance, and we have ensured the durability of an otherwise volatile business model.
Whether you have one contractor or fifty contractors, there are some non-negotiables involved with having a team. You’ll need to learn how to onboard contractors, how to pay your contractors, and how to manage their profitability to your business. I’m going to share my tips and tricks for making each step of managing contractors as easy and efficient as possible.
Income categories are buckets of different types of income in your business. They are used to categorize income in your business for taxes and other purposes. Income categories are a huge asset to your business. So let’s chat about what they are, how to use them, and why they are life changing.
Knowing your numbers is an important piece to knowing (and growing) your business. To run a successful business, it’s pivotal that you marry realistic data with your imagination and build the business of your dreams
While owning your own business does allow you many freedoms, even you can’t escape Uncle Sam. Tax time rolls around now matter how much we hold our breath.
While saving time and money is reason enough to keep your personal and business accounts separate, the rationale goes far beyond that - it is a legal requirement for any LLC.
While saving time and money is reason enough to keep your personal and business accounts separate, the rationale goes far beyond that - it is a legal requirement for any LLC.
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