As business owners, understanding the difference between W2’s, 1099’s, employees and contractors is critical. Failure to do so can result in costly mistakes. Unfortunately, misclassifying workers is common, especially in the land of small business. what is a w2?...
There’s no denying that bookkeeping is not everyone’s favorite business activity. And yet, bookkeeping is so important for maintaining a healthy business. Oftentimes, it’s our least favorite tasks that are so necessary (why, oh why, must it be this way!?). Someone...
How sales coaching helped me define my goals and grow my profits.Here’s some real deal business truth for you: if you are an entrepreneur, you are in sales. And if the s-word gives you the willies, it shouldn’t, and here’s why. I think that sales is the most...
Money collection sucks, so read on to learn how to get paid on time, every time (okay… maybe most of the time). We’ve all been there: it’s been 30 days since you sent your client an invoice, and still no loot. Now you have to waste irreplaceable time emailing...
How much is one customer worth? Is it $500, $5,000, $50,000? Calculating your CLV—or Customer Lifetime Value—is essential if you want to maximize your profits and make more money. I tell my clients often: the most important thing you can do for your income is to...
Get to know your trifecta of financial services: bookkeeping, accounting and financial planning—and find out why you need all three. In your financial life, there is a trifecta of financial services. It has checks and balances involved in it that are really important...