In business, it’s not always a great idea to follow your gut. When it comes to making financial decisions, hard data can help you remain objective. Financial reporting is an integral part of running and […]

Before computers and software, we did all of our accounting by hand. Business owners kept any accounting records in large binders with reams of paper files. Fortunately, accounting has gone digital, and as a small […]

When you’re starting a business, there’s a lot to take into consideration, like your personal interests and skills, and demand in the marketplace. But you should also consider profitability. Are you starting a business that […]

In the midst of a pandemic and nationwide quarantines, many people have taken up hobbies—macramé, decoupage, Paul Hollywood-level pastry work. Skyler Kogachi is no exception. In his spare time, the Los Angeles-based business owner has […]

You love your business, but that doesn’t mean you can afford to work for free. Yet, figuring out how to pay yourself as a business owner can be complicated. You need to think carefully about […]

If you work in the corporate workforce, there’s a good chance you’re looking to escape. A study in 2018 by Gallup found that 66% of employees worldwide are either not engaged or are actively disengaged in […]

As the business landscape continues to evolve in the face of the COVID-19 pandemic, your resources may be more strained than ever. But no matter where you need to cut costs and tighten budgets, one […]

Cash flow is the movement of money in and out of your business and your business bank account. Think of cash flow like your car’s gas tank. You fill up the tank with gas, and […]

Business systems are composed of detailed procedures that business owners can replicate for consistent, measurable results. Business owners who implement these systems can free up valuable time to work on their businesses—not in them. As […]