Articles
Streamlining Bookkeeping Systems for Financial Efficiency
For many wellness business owners, financial management and bookkeeping might not be the most exhilarating part of the day. However, it's a crucial...
Essential Business Systems For Wellness Business Owners
Running a wellness business—whether it's a boutique gym, therapy practice, dance studio, karate school, or something else entirely—isn't just about...
How to Keep More Money in Your Business
Without enough money in your business, you’re likely running into one or more of these problems.
How to Profit First Your Way to Team Growth
Bringing on new employees is an exciting part of business growth. But if you haven’t done it before, or even if you have, it may be daunting to...
Mastering Cash Flow Management: The Path to a Financially Healthy Wellness Business
Running a wellness business involves a multitude of responsibilities, and maintaining financial health is among the most crucial. It’s the...
Building Resilience: How to Recession-Proof Your Wellness Business
In today's uncertain economy, it’s essential for any business to be prepared for financial downturns. A well-planned, recession-proof strategy can...
It’s Time for a Summer Account Review
I don’t know what it is about summer, but it always feels like a great time to reset. It’s midway through the calendar year, things seem to move a...
Using Profit First in Your Personal Expenses
If you’re already using Profit First in your business, it’s really simple to implement it in your personal expenses too.
Good Uses vs. Bad Uses of Debt: Knowing the Difference
At some point or another, most of us have had a relationship with debt. That first credit card we got in college or the mortgage to buy our current...
Charging Fairly for Your Valuable Services
There’s a lot of talk about charging what you’re worth. But when it comes to pricing your services, it's important to recognize that you can't put a...
You Have a Personal Savings; Why Not a Business Savings?
Many of us have a rainy day fund for when (not IF) things go south. Your car needs a new transmission, your roof has a leak, a child gets ill. These...
Managing Quarterly Profits and Taxes
Like anything in business, it’s important to talk directly to a tax professional when it comes to determining your tax liability and the business structure that’s best for you, your business, and your goals. It’s important to educate yourself about managing taxes and even reducing your tax liability throughout the year.