There’s an old saying about Noah that talks about the best time to build an ark—BEFORE it starts to rain. When should you buy an umbrella? When it is NOT raining! Keep it handy in your car; maybe a spare in your office. That is the same with borrowing money. Get it when you do not need it, not when you are desperate. As a businessperson, it’s also nice …
Running a Business
Achieving Goals with Business Advisors
Business owners are an independent lot. Many have even said, “no one would hire me.” So, I created my own job. Seeking advice can be a big challenge for them. It is okay to seek help. This is not a sign of weakness. Rather it is an admission that others may have strengths I am lacking. If you are more right brain comfortable, having a left brain …
A Tax Checklist
Soon you’ll be meeting with your tax advisor to discuss the meat and potatoes of your income tax return. Whether you are super organized and have everything in its proper place and a copy of all pertinent documents or you show up with a shoebox of W-2’s and 1099’s, you need to learn a bit of the lingo of your preparer. I’ll be referencing the 2018 – 1040 …
Fundamental Change
Profit Picture® creates a fundamental cultural change in the way companies use the knowledge they have available to them. Real-time, actionable information can create greater peace of mind when running a company with many day-to-day distractions competing for your attention. Looking at the stair step graphic below, you, the business owner, face …