Did you open your business imagining a life of freedom and prosperity? And now… you are struggling to save your business in the aftermath of a global pandemic. To say “it’s been hard” is a massive understatement. You are either stressed, working 24/7, living in debt or envious of anyone who can afford to take
Your expenses are where you have the most control over your small business finances, although it may not feel like it all the time. Here are some ways you can reduce expenses in your business. 1. Negotiate with your suppliers Are you getting a fair deal? Do your suppliers have your back? Have you negotiated
Could it be over-due bills? Team building? Social media presence? It may come as a surprise to you, but the #1 thing small business owners neglect is themselves. Issues that come up are general health, exhaustion, no exercise, not taking prescribed medication, not taking time to go to a doctor, being overweight, no sleep, self-medicating
Finances can be daunting to even the savviest entrepreneurs. Luckily, there’s a way to simply and strategically attack this fear. Instead of fixating on the overwhelming stack of bills, financial statements and invoices, you can make informed decisions about your business with just three financial reports. I’m not saying you should ignore everything else, but
Maintaining a small business is hard. The day-to-day tasks take up a remarkable chunk of mental and emotional energy. And just when you think you have it all sorted out, you’re suddenly hearing things like “you should focus on your brand promise”. You’re probably thinking “Why? What is that? I’m busy. Do I really have
The list of best business books to read continues to grow. However, one book stands above all the others called The E-Myth Revisited, Why Most Small Businesses Don’t Work and What to Do About It by Michael E. Gerber. In this powerful account of Sarah the owner of a pie baking shop journey to personal freedom and wealth you will learn the basic business principles of working “ON” your business, not just “IN” it by thinking through the lens of systems. This is my story of a seven year journey doing just that by Beverlee Rasmussen.