Goal Setting: Strategies to Ensure You Achieve Your Goals
Setting goals is essential to living a life full of purpose and meaning. If you can set achievable goals, you will stay motivated and focused over the long-term. Nearly everything in business and life revolves around goal setting. They can be simple like waking up an hour earlier than you normally do. Or they can be further reaching like purchasing your first house. The point is, goal setting happens daily so you need to make sure...
Paying Yourself and Small Business Accounting
If you run a business where you are the sole employee, you still have to treat your business finances like a business. That means keeping good financial records and tracking payments you make to yourself from the business. Whether you use a payroll service or enter an online transfer from your business bank account to your personal account, it is important to do the right bookkeeping entries when paying yourself to ensure you have...
4 Pieces of Financial Advice Every Budding Entrepreneur Needs to Hear
Promising businesses go under all the time. Unmotivated teams and stiff competition can drive startups to close shop, but research from CBInsights found that cash flow problems knock out 29 percent of failed small businesses. Without money to keep the lights on and employees paid, even a business with a great product and a bright future can shut down in a matter of days. Cash doesn’t disappear on its own, though. To keep the coffers...
Tips on How to Schedule a Meeting
Meetings are a regular fare in any workplace. They can range from small-group types to inter-departmental ones — even going further to include external parties (such as clients, suppliers, etc). No matter how big or small the attendance, planning and scheduling a meeting requires a lot of organizational skills. After all, rounding up a number of people with varying workloads, deadlines, and schedules can be an overwhelming task....
3 Benefits of Updated Bookkeeping and Accounting Records
Last week in a discussion with a business coaching client, I asked if she had updated bookkeeping and accounting records that would help her make the best business decision for a big question about her business. “No,” she replied, she didn’t have updated books. Without them, any decision regarding product lines, pricing, or customer capacity is just a guess! Guessing is not the way to run a business. On the contrary, every business...