If revenue hasn’t come back as fast as you expected it to, it may be time to review your budget and determine if some planned expenses can be cut. Here are five places to look to do just that. 1. Travel Since most events have been moved
Read more → With all the changes going on around us, small business owners will not want to miss these important updates on mortgages in 2020! Join us as we welcome guest Eric Leigh, VP of Mortgage Lending on our Facebook Live show. Jennifer (00:01): Hello, and welcome to
Read more →Many families and small business owners have seen decreases in income over the last several months. Money struggles can cause us to experience stress and worry, and none of us need that right now. Instead we need to boost our immune systems and decrease stress. Here are
Read more →The only way to get smarter about how to invest your marketing dollars is to document and measure what’s happening now in your business. What you’ve measured, you can then improve. Marketing Spend The first step to measuring what you spend on marketing is to aggregate all
Read more →You’re probably familiar with the 5 Stages of Grief…. But have you heard about the 5 Stages of Dealing with a Business Crisis? Mike Michalowicz was nice enough to share this with the Profit First Professionals, so we could also share this with you. This concept has
Read more →Liquidity in business has nothing to do with water, milk, or juice! It describes how quickly you can sell an asset and convert it into cash. Cash is the most liquid asset of all. Real estate, in contrast, is not quite as liquid because it could take
Read more →#1 thing to know before we get started – this is based on my current understanding of the rules on 5/29/2020. These rules are changing regularly, and my comments here are not meant as professional advice related to your situation. You need to read the rules and
Read more → The CARES Act is ever changing, sometimes daily, and I’m addressing some of the most frequently asked questions that I get asked plus sharing additional information that may be relevant to your home services business. This data was based on the best information we had on
Read more →Are you behind on filing your federal income tax return or paying your federal IRS taxes in the last year or more? If so, you’re not alone. More than 22 million taxpayers in the U.S. have either failed to file a tax return or are behind in
Read more →Deciding on the kind of business you want to start is a very big decision. Some require specialized skills that either the owner or employees will need. Others require a substantial initial capital outlay. In any case, it’s always a good idea to consider the health of
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