by Shannon Simmons | Apr 11, 2023 | Profit First
Everyone has their own money story, and I’d venture to guess that most of those stories have negative connotations that made their way into the mindset we hold onto as adults. That’s true for me. With money always being tight when I was young, and hearing many...
by Shannon Simmons | Apr 4, 2023 | Profit First, Taxes
If you’re like many business owners, taxes aren’t on your list of favorite things to do. You have to close your books from the previous year, send 1099s, gather all your tax information, and then stare down the calendar wondering when you’ll have time to do your...
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...