Management Accounting Tips – The 5 Step Accounting Formula for Powerful Financial Reports

Case studies show that one of the primary reasons for small business failure is the lack of poor management tools and techniques. When it comes to the accounting and financial reporting, business owners are more successful when there is a set of procedures to follow. This article provides five steps to management accounting to ensure … Continue reading Management Accounting Tips – The 5 Step Accounting Formula for Powerful Financial Reports

Why You Should Face Fear and Do It Anyway

Do you remember your first time? What was it that pushed you past your boundaries and stretched you out of your comfort zone? Helping others solve financial problems is what I’m built for. I’ve always enjoyed one-to-one talks with entrepreneurs to do deep dives and make sense of their business finances. That was my business … Continue reading Why You Should Face Fear and Do It Anyway

Home-Based Business, Taxes and What You Can Claim

The write-offs that you can claim when running a home-based business are similar to those outside the home with a few exceptions. Running a company from where you live allows you to deduct a percentage of the personal expenses you'd typically not be able to claim. This article gives examples of write-offs that you should … Continue reading Home-Based Business, Taxes and What You Can Claim

5 Ways to Easily Manage Finances for Solo Business Owners

People often ask me, “What’s a good way for entrepreneurs to keep their business finances in top shape?” Whenever I get this question, you can bet that I’m smiling on the inside. Why? It shows a commitment to making their company successful when this question becomes top of mind. Congratulations on taking this step. You’re … Continue reading 5 Ways to Easily Manage Finances for Solo Business Owners

how founders make the most of Time and Money

Review daily schedules Consider the days and times that you currently have available and block out a bookkeeping time that works for you. Allow nothing (including client appointments, marketing, emails, or phone calls) to take its place. Customize a Filing System Where and how you maintain financial records will be important in this process. Select … Continue reading how founders make the most of Time and Money

Entrepreneurs and Wealth Building Series: Managing Business and Increasing Portfolio Value

“Entrepreneurs and Wealth Building” is a business finance podcast sponsored by TBS USA. The series is dedicated to raising the financial consciousness of one million enterprising women throughout the world to help them walk in wisdom and smile confidently at the days and years to come. Episode 4 “Managing Business and Increasing Portfolio Value” Learn … Continue reading Entrepreneurs and Wealth Building Series: Managing Business and Increasing Portfolio Value

Finding Time to Manage Finances When Running Your Business Solo

Running a business as a solo-professional means juggling an endless list of tasks. With the constant flow of to-do's to manage,  things can quickly get out of hand. It's easy to fall behind in back-office tasks when a lack of time is an issue.  That's why things like bookkeeping get put off. So how can you … Continue reading Finding Time to Manage Finances When Running Your Business Solo

Tips for Using a Tax Extension

For many, the endless responsibilities of daily tasks get in the way of prioritizing income tax preparation. It's during the short tax season that stress peaks and failure to make the right moves can mean paying more than you should. How you handle your tax return during the regular filing season impacts whether you pay penalties and … Continue reading Tips for Using a Tax Extension