by Shannon Simmons | Jul 12, 2019 | Profit First
2019: Tracking or Off course? One key lesson I learned from Alwyn Cosgrove is the importance of consistently tracking progress toward your goals. Every year, he shared a post at the start of July to remind everyone that the year is halfway over, which means you should...
by Shannon Simmons | Jun 7, 2019 | Profit First
The vast majority of business owners I know don’t want to bury their heads in Spreadsheets, Profit and Loss Statements, and Balance Sheets every day. Or even at all. Yes, it’s important to know some key financial numbers when you own a business. Having...
by Shannon Simmons | Jun 5, 2019 | Profit First
Truly free, we all still live under rules that guide our lives. Even the freest nations on earth have laws, rules, and regulations. Growing up in my parents’ household, I had my own set of rules. Some I didn’t mind, others I absolutely despised—but it didn’t...
by Shannon Simmons | May 24, 2019 | Profit First
If you been in business for any length of time you have heard the term KPI – Key Performance Indicator. But exactly what is a KPI, and why do they matter? Investopedia defines a KPI as: a set of quantifiable measures that a company uses to gauge its...
by Shannon Simmons | May 17, 2019 | Owners Pay, Profit First
Here’s an eye-opening truth about business I quickly discovered: most entrepreneurs and business owners aren’t as financially successful as they seem. Stop Stealing from Yourself and start building real, sustainable wealth. Early in my career I remember going to...
by Shannon Simmons | May 10, 2019 | Profit First
First of all let’s get this off the table. Accounting and Cash Management are not the same thing, nor does having a cash management system in place mean you don’t need to keep your books in good order. Thankfully good accounting software, bookkeepers, and...
