As a small business owner, you need some help. Maybe you need help with small business accounting. You could need help with learning how to use your software and setting up automated systems. Maybe you could really benefit from a…
Have you been struggling to stay confident with your small ecommerce business? Are you wondering if you made the right choice pursuing your dream? Sounds like you could use some encouragement and expert advice on how to proceed. Many small…
Does the idea of sitting down with a calculator and some graph paper make you cringe? Would you rather do anything other than balance a checkbook? Do you have horrible memories of math class in high school? We can’t say…
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One of the biggest costs you can absorb when starting and growing your business is payroll. The learning curve on training someone is big, so if you’ve made the wrong hire, you’re going to have to start all over again with…
Have you ever tried to move a photo or make a change in the sidebar of your WordPress site that caused the whole page to look… well, wonky? If you use WordPress as a blog or even as an e-commerce site, you know how frustrating it can be make little adjustments and then have to spend the rest of the day getting the site fixed because you messed something up.
If you can relate, there is a service that will save you time and money (not to mention a great deal of frustration.) It is called WPCurve.
Does your business serve you or are you serving your business? This is a question all entrepreneurs should ask themselves.
One of the reasons you started a business was because you didn’t want to be enslaved by your job anymore. But, if you spend all your time trying to just keep your business afloat, how is that different? You traded job slavery for business slavery!
The Profit First Philosophy
But what if your business, instead of being your master, could become your servant. You could say, “Business, I’m going to need to replace my car in about a year,” and your business could make that happen. That’s the idea behind Profit First, the latest book from best-selling author, Mike Michalowicz. Mike is also the author of the Toilet Paper Entrepreneur and The Pumpkin Plan.
In a nutshell, the plan works like this:
Yes, we have been there.
When you first start your business, you try to preserve your limited startup capital. Unless you have an angel investor with deep pockets, you do everything on the cheap. You look for someone on Fiverr to maximize your SEO. You hire a goat herder in Timbuktu who moonlights to create infographics for you.
But after a while, you start to bring in a little bit of profit. You can stop tightening your belt and take a deep breath. It is time to dump your “bottom of the barrel” webhosting service and step it up a notch or two.
At the time of this posting I just might be a "smidge" behind the news feed gods given the fact I woke up this morning to a wall of articles all about this lab turned live feature of having the…
If you sell widgets, which you buy wholesale for a dollar each and retail for four dollars each, you make three dollars on each widget you sell, right? When you try to balance your accounts at the end of a…