February 5, 2019
Should I Stop Doing My Payroll

Still Doing Your Own Payroll? – Financially Simple Reasons to Stop

As a business owner, large or small, one of the biggest jobs you have in advancing your business is taking care of your employees. One of the ways you do that is by making sure paychecks end up in their hands or bank accounts when they are supposed to. For many small business owners, all too often that means you are relying on yourself to do the work of a bookkeeper. If that’s you, it’s time to stop doing your own payroll and hire someone… here’s why.
January 16, 2019
Understanding and Using Business Debt

Understanding and Using Business Debt Strategically

Small businesses are the backbone of America, however, carrying so great a load means carrying a great deal of debt as well. In fact, 49% of small businesses are in some sort of debt. Yet, unlike most personal debts, business debts can sometimes be necessary. As a business owner, you may have experienced the need to take on and use debt for many different reasons.
January 9, 2019
Are You Hurting Your Businesss Long term Value

Are You Hurting Your Business’s Long-term Value? 4 Questions To Ponder

As a business owner, I often think my business is doing great and most, if not all, aspects of it are running beautifully. It reminds me of an old adage my dad used to say, “Son, you never tell a woman that the baby is ugly or you might get slapped.” However, that’s a problem for business owners looking to succeed. Our “baby” is ugly as it can be and we don’t see it. Mismanagement in business will be clearly visible and eventually, we find out our business isn’t as attractive to potential buyers as we think. So, here are four strategic questions to ask yourself when contemplating a potential exit plan. Even if you’re 10-15 years out, you need to know NOW if you are hurting your business’s long-term value.
November 16, 2018
How to Get Out of Debt Strategies for the Small Business Owner

How to Get Out of Debt – Strategies for the Small Business Owner

In our series: Debt and the Business Owner, we have come to the “HOW”—how to get out of debt. But where do you start? We’ll explain a few different methods to help you determine YOUR answer, especially if you are a business owner. You will need to pick one based on your specific situation. By the end of this article, you should have a pretty good idea of which debt reduction strategy is right for you.
November 14, 2018
Personal and Business Debts That Affect a Small Business Owner

Personal and Business Debts That Affect Small Business Owners

For most business owners, their first priority is typically their business, which you can most likely relate. However, if you truly want to run your business at full capacity you MUST get your personal and professional debt under control! To accomplish that feat efficiently, you need to understand how personal and business debts affect you and your business.
October 21, 2018
How to Build a Compatible Staff using the DISC Assessment

DISC Assessment – Essential for Building a Compatible Staff

If you own a business, then you know how hard it can be to bring on the perfect candidate for every job. So exactly how do you position your company’s team for maximum productivity and inner-office compatibility? One theory is to hire based on not just an applicant’s skills but also their behavioral profiles. A DISC Assessment is simply a tool that can help you learn these profiles and build a compatible staff with complementing strengths.