by Shannon Simmons | Mar 9, 2021 | Income, Profit
There is a lot of thought/opinion/advice when it comes to diversification and creating different revenue streams within a particular business model. The “don’t put your eggs all in one basket” theory. And it sounds good. If one “stream”...
by Shannon Simmons | Feb 16, 2021 | Order, Profit
A lot of business owners start out doing their books in Excel. It’s something they know, and they’re not ready to pay for a service like QuickBooks Online or to pay a bookkeeper. In Excel, you can sort columns and rows, set up formulas to add up transactions, color...
by Shannon Simmons | Feb 9, 2021 | Taxes
Most people’s least favorite time of the year is coming. No, not Valentine’s Day. Tax Day. As a business owner, you have the responsibility (and privilege) of filing your taxes with the federal government and at the state level. Tax time has a really bad reputation...
by Shannon Simmons | Feb 2, 2021 | Fix This Next, Order, Profit First
Now you may not be in the same breath with the greats, yet, but it’s a worthwhile goal. And while you may or may not be a master sculptor or painter, you are really good at what you do, right? The question to ask yourself is “Am I (and my company) SO good...
by Shannon Simmons | Jan 26, 2021 | Profit First
As you digest your year-end financials, what’s the big thing that sticks out to you the most? For so many business owners, it’s the lack of a year-end profit. Being profitable doesn’t mean that you, the business owner, are taking home a big paycheck each month....