by Shannon Simmons | Jul 25, 2019 | Profit First
What exactly do I do? According to the Merriam-Webster dictionary, a coach can refer to a large, enclosed, four-wheeled horse-drawn carriage with side doors and a raised seat for the driver, such as the gold coach the queen rides on special occasions, or a railroad...
by Shannon Simmons | Jul 15, 2019 | Profit First
One of the first business books I ever read was “The E-Myth” by Michael Gerber. And while this book certainly was foundational in the way I thought about business I also believe it is one of the most misunderstood business books out there. As a brief...
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...