Pay Yourself!
If I could wave a magic wand and be able to help every entrepreneur (especially the new ones) understand only one concept, it would be about how they pay themselves as the owner. I’m tired of seeing them not pay themselves, underpay themselves or pay themselves erratically. I’m tired of watching them celebrate milestone or profitable months in their businesses knowing they’re personally not making anything.
The Best Bookkeeping Software
Tax Preparation Myths
Setting Revenue Goals Like a Pro
Setting goals, especially revenue goals, can sometimes feel like plucking a number out of thin air. Should you do it based on percentage growth? Should you “go for it” and try to double or triple? A goal should be a stretch, but also realistic. How do you know if that’s true for the goal you set? These questions can be frustrating, especially for young businesses that don’t have years of history to help figure out trends.