Prices continue to rise and it’s taking a toll on everyone. Everything has doubled (at least) in price and we still have to be ready to pay that tax bill soon on top of gas and groceries. It’s a bit overwhelming if you aren’t ready, so my question is, are you? Preparation with Profit First […]
The typical argument I hear from my clients is that their business has to have debt to achieve growth. I understand where they’re coming from, but there are factors that need to be considered because not all debt (or growth) is created equal. You need to understand a few critical components of both debt and […]
As I sit here in the middle of February looking back, it’s obvious that we, of course, spent most of January completing financial statements for our clients. Year-end isn’t much different for us than month-end because we expect to deliver accuracy year-round. However, this time it’s crucial that we have inventory right because of tax […]
The thought of recession looms over us all this year, but instead of sitting around worrying, why don’t we take action now? Let’s not wait to do the cleanup after the storm has wreaked havoc on our business. Instead, let’s reinforce the windows and stock up on what we need to help us weather the […]
I’ve recently had three different conversations that all brought up a critical component to business ownership. Bear with me as I recap them for you, I promise it will make sense in the end. Losing $85,000 The first conversation took place during my open office hours. A client joined and we talked about her busy […]
Sticking with the chaos that the last few years have brought, we have entered 2023 and the possibility of recession that it brings. In 2021, Mike Michalowicz referred to it as Progression at ProfitCon. His thoughts are that life is going to be what we decided to see it as. If you’re worried about recession […]
Since 2023 is here and there is the likelihood of a recession hanging over us, the most productive thing we can do now is prepare. Trying to survive a recession sounds scary, but there’s no need to panic. By analyzing the Business Crisis Trend and taking action now, you can ensure your business is ready […]
2022 was a year of ups and downs as we all know, however, you all have been a great support to us here at bookskeep. As one of our core values is “Educating”, we strive to reflect that in our blogs and give you the information you really need to help support your life, business, […]
What do you hope to achieve this year in your business and in your life? Do your goals include more profit, more family time, more sales, and more learning? What one thing can you do to ensure the change sticks? Achieving a goal is a process, so let’s talk about how to get there. Understand […]
There are a lot of process and some very specific math involved in starting Profit First but, in my opinion, there is no better way to start out the new year than gaining control of your finances. So, let’s discuss two primary cycles to help you make it all work: a 10/25 rhythm each month, […]
