by Shannon Simmons | Mar 28, 2023 | Profit, Profit First
Our favorite time of year happens four times: at the end of each quarter. If you’re following Profit First, this is when you, as the business owner, get to take half of what’s built up in your profit account as a distribution (a bonus, if you will) to yourself. That’s...
by Shannon Simmons | Mar 21, 2023 | Owners Pay, Profit First
Three months can fly by—especially in your business. It’s that time again for your Quarterly Financial Routine. You do have a quarterly financial routine, right? If you do, awesome! If you don’t, you’re in luck. We’ve compiled our top three tasks that should be a part...
by Shannon Simmons | Mar 14, 2023 | Profit First
If you’ve ever logged into your business account to double-check your balance before making a purchase, you’re like the majority of business owners. And you’re also suffering from Parkinson’s Law. Parkinson’s Law says that we use all the resources we have available to...
by Shannon Simmons | Feb 28, 2023 | Business Tips
If you’ve been in business for any amount of time, you know that there’s a lot to growing a sustainable business. Maybe a lot more than what you bargained for. But without going back to get a business degree (because who has time for that!?), how do you gain the...
by Shannon Simmons | Feb 14, 2023 | Profit First
Small business owners have a lot on their plates and accounting mistakes can happen. Time simply does not allow you to become an expert in all the areas required for running a business. Here are a couple of common accounting mistakes that we see all the time....
