Finance

Yes, you can do it.!  Your challenge for this week will help set the foundation for 2020. For this challenge I want you to work in reverse. Instead of setting…

We hear a lot about the economic situation in our country as well as the world. While they may cause a lot of stress in our lives, in my opinion,…

Small business owners often work without a budget and without a clear plan of the amount of money they need to reach their most important goal. The “what I would…

Many small businesses are interwoven with the owner’s personal life. The money that the small business generates is used to buy food, make mortgage payments, etc., as well as to…

A structured finance team is one of the last things that a business startup thinks about; the same holds true for many existing small businesses. There are some legitimate reasons…

It is important for sustainable growth to know where you are in your business on a monthly basis. Your challenge today is to create a “cash in and cash out”…

“You can’t grow long-term if you can’t eat short term.” This quote came from Jack Welch, CEO of GE. Although GE is a large company, this quote is very applicable…

One of the greatest challenges most small business owners face is that of discipline. It’s hard to keep your nose to the “grindstone” as a single person operation. Good habits…

The well-being of small business is closely related to that of the business owner. Nowhere is that more evident than in the area of financial well-being. Some small business owners…

Many small businesses suffer from a lack of working capital. Your challenge this week is to take a look ahead for the next 12 months and to determine the amount…