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Luck or Financial Leadership for Your Business
If you’ve looked at any of the research on business success, you’ve probably seen this disturbing statistic: for new US businesses, only about two thirds will still be open after 2 years. And only about half of these businesses will still be around...
Why You Should Always Focus on Profit
It’s no secret that we live in a society where bigger is better. In the business world, this often translates into a single-minded focus on growth, where growth is seen as the single most significant marker of business success. But while...
Business is Booming—But are You Happy?
See if this describes you: You started out as a solopreneur, but you decided to expand your business. You hired staff members, found a new workspace, expanded your marketing, and increased your sales. Now your business is bringing in many times...
Business Success During A Recession
We’ve all seen the warning signs for a while, but now it looks more and more like we’ll see a recession this year. The good news? Many economists are predicting that this recession won’t be as severe as they initially feared. The bad news?...
Let’s Talk About Your Business Debt
Here's what I know... if you’re in business long enough, eventually you may find yourself in a situation where it makes financial sense to take out a loan. Whether it’s opening a credit line to help with delayed accounts...
Why are S-Corps a Big Deal?
If you’ve been in business for a while, you’ve probably heard something about the tax advantages of operating as an S corporation. At the same time, you might not know what specific tax advantages S-Corp status provides. So today, we’re going to...
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Paying Yourself As The Business Owner
A version of this article was first published on DesignGood’s blog. As the final part of my series on creating business financial alignment (you can read Part 1 here and Part 2 here), let’s dive into the ohhh-so-important topic for businesses: paying yourself as the...
How To Start Financially Aligning Yourself
A version of this article was first published on DesignGood. In my last post, I talked about the importance of business financial alignment and asked you to consider where you're at. Today, I’d like to address how you can start financially aligning yourself and...
Are You Aligned with Your Business Finances?
A version of this article was first published at DesignGood's blog. If you're like most, you started your business because you’re passionate about what you offer and how it helps other. Naturally, this makes for a creative, exciting, and passion-fueled business! Which...
EIDL & PPP Pandemic Loan Options
Over the past week, you've probably read at least a little about the Paycheck Protection Program (PPP) and the Economic Injury Disaster Loan (EIDL). However, if you're like many, you might be a little confused--perhaps even feeling frustrated--about how to get...
U.S. Tax Return Update + Additional Resources
As promised last week, I'm writing to share helpful financial updates affecting small businesses in relation to this pandemic. I expect more to come, but this is what has evolved since I last checked-in: >> 2019 Federal Tax Returns due date (+payment) extended!...
How Your Small Business Can Get Through the COVID-19 Pandemic
In light of the coronavirus pandemic, I wanted to check in and talk about several financial considerations for you and your business. As this crisis develops, we’re seeing schools, daycares, restaurants, government offices, and many other businesses and institutions...
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Business Tax
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Money Mindset
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S-Corporations
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Small Business
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Category 03
Accounting & Logistics
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Category 06
Leading Your Business
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