I graduated at the top of my class with a degree in Business Administration. I took Accounting 101 and 102 and got "A"s in both. My professors drilled this into my head: "Find a good accountant." Alas. That was a disastrously incomplete lesson. What I wish I'd learned sooner: My money is my responsibility. If it's my money, [...]
Dreading tax time? Take a deep breath, and reconsider. Tax season can be a terrific opportunity to ramp up your business and profitability. As you assemble your financial information, block out some time to... Clean up the accounting. Like the back of a service truck, the accounting can get messy. Extra accounts and rogue transactions. Work with your bookkeeper and accountant [...]
The end of the year approaches. Time to assess progress and get ready for a fresh start and new year. NOW is the time to clean up your accounting messes. Like being physically fit, fiscal fitness requires a bit of focus and discipline. The numbers may not be way off. So you and [...]
"Teamwork makes the dream work." ~Sh’niece Tabb Every now and then, I get an email or call from a client that reminds me of why I do what I do. My mission, my why, is to expand peace, prosperity and freedom through honorable, profitable business. When someone reaches out to me for help, they are [...]
Your accounting is like the back of the truck, or your top desk drawer. It can get messy. It takes discipline to get things cleaned up and keep them that way. And discipline makes all the difference to your success. So, let's get the financials tight and right by year end 2014. Here [...]
Budgeting. UGH. I call it the "B Word" because so many people are resistant to the word BUDGETING. Nobody wants to Budget, right? Budgeting is all about deprivation and doing without. It's like...gulp...dieting. Budgeting doesn't have to be a soul-sucking, frustrating experience. The way I teach it is fun, easy and powerful. From Main Street [...]
“What’s the point of setting financial goals? I have no idea what will happen each day for sales. Unexpected expenses crop up all the time, too. If it’s just a ‘guess,’ then why bother?” That’s what one of my clients just shared with me. I appreciate his candor and [...]
Imagine…you discover the certified letter in your mailbox from the IRS, announcing you have been selected for an audit. No worries! Once upon a time, I made a “Slinky-knot” mess out of my QuickBooks™ file. Fear of an audit – and a growing pile of unpaid bills – encouraged me to get it sorted out. [...]
Business is pretty easy. I wish we taught accounting and finance basics in sixth grade. Alas, I didn’t even learn how to balance a checkbook during my high priced stint at a private college for a Business Administration degree. However, once I learned business basics – stumbling through our family business and with the help of great [...]
I’ve spent a lot of time over the last 20 years helping people clean up financial messes. The messy mess (the smelly smell for Sponge Bob fans) is payroll. Payroll entries are complicated. There is the expense to you and the cash requirements and the amount you withhold, then submit, for payroll taxes for you and [...]
