I have a long held belief that “minutes matter”. Throughout my career, I have always looked for the most efficient way to accomplish a task. And I am always amazed at how many inefficient practices have persisted for years when …
Nothing in this email is intended to denigrate my CPA friends or the CPA community as a whole. That said, if you work as an accountant in a company and are given AJEs or RJEs by your outside CPA you …
As I write this on the last morning of 2024, I am excited by the year ahead and new growth opportunities. While 2024 wasn’t perfect (no year ever is) I nevertheless consider it a success despite some setbacks and downfalls. …
Maybe I’m old school but I believe at times, there is just no substitute for hard work. One of the ways I relax is doing some yard work or other minor house projects. Afterwards, I have a sense of accomplishment. …
No, this isn’t going to be about Equity as in DEI (Diversity, Equity, Inclusion). This is about balance sheet equity. And if you run a business, you had better know what your equity (also known as “net worth”) number is …
Several months ago, I wrote about various types of business exits and promised a follow-up on what makes for a viable exit. Like last time, I mentioned that books have been written on the subject and my pieces are meant …
What’s your pricing strategy and how clear is it to the consumer? Some companies are trying to be the low cost provider. Others may adopt the strategy of a premium offering at an above average price. Both are valid strategies. …
It’s probably fair to say that every business owner has had a day where they wanted to say, “I’m outta here!”. Running a business can be rewarding, fulfilling, profitable, but also very tough. But not so fast, before any business …
What’s your feedback loop? Do you even have one? Do you actively seek feedback for your business? And if customers offer unsolicited feedback, do you pay attention? Recently, my son participated in an out of town hockey camp. Let’s just …
What’s a balance sheet? I’m going to put a different spin on it. It’s the culmination of all the business decisions you have made from inception through today. The balance sheet is the sum of every hiring decision, customer service …
