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 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....
by Shannon Simmons | Oct 11, 2022 | Profit First
If you’re like most of our clients, you’re taking some time in Q4 to look at your financials and set goals for the coming year. Financial fitness doesn’t happen overnight and you can’t think your way into a healthy place. It takes action. And small business financial...
by Shannon Simmons | Aug 30, 2022 | Profit First
You’ve heard the saying that there’s no better time to plant a tree than 20 years ago. And the next best time is right now. That holds true for so many parts of life and business. The best time to quit smoking, eat better, start exercising, save for retirement… You...
