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Budgeting with Profit First: 6 Tips on How Small Businesses Can Make the Best of What They Have

Budgeting with Profit First: 6 Tips on How Small Businesses Can Make the Best of What They Have

by Susan Kirkpatrick | Mar 16, 2021 | Bookkeeping, Money Mindset, Profit First, Small Business

One of the biggest problems I see with most small business owners is that they are usually far too busy focusing on their core competency, or the competition to work within a budget. They drop the ball on some of the business fundamentals. For example, they think that...
Pandemic and Recession: An Entrepreneur’s Worst Nightmare or New Opportunities

Pandemic and Recession: An Entrepreneur’s Worst Nightmare or New Opportunities

by Susan Kirkpatrick | Mar 13, 2021 | Money Mindset, Small Business

A recession can be considered a financial plague for small and unprepared businesses. Thousands of companies go out of business, and hundreds of thousands of people get unemployed during a recession. This was true for the previous recessions and market crashes that...
5 Essential Elements of Goal Setting for Entrepreneurs

5 Essential Elements of Goal Setting for Entrepreneurs

by Susan Kirkpatrick | Oct 10, 2020 | Bookkeeping, Money Mindset, Profit First, Small Business

Are you an entrepreneur or a business owner? Why this question? Because it matters in how you approach goal setting to achieve results. There is so much overlap between the two terms that people often forget which is which. Many business owners consider themselves...
13 Winning Strategies To Use For Time Management

13 Winning Strategies To Use For Time Management

by Susan Kirkpatrick | Sep 23, 2020 | Bookkeeping, Money Mindset, Time Mangement

“Time is money” – A proverb we’ve all heard, and many of us casually use, but you don’t really understand how on point it is until you become an entrepreneur. Because then, time literally is money. Ingenuity, people skills, and marketing genius...
What You Need To Know About Debt Management And Why

What You Need To Know About Debt Management And Why

by Susan Kirkpatrick | Sep 12, 2020 | Debt Management, Money Mindset, Profit First, Small Business

Debt Management for Your Small Businesses Running a debt-free business is a goal for many small business owners. Statistically, it doesn’t come true for almost seven in ten businesses. Nearly 70% of small businesses have outstanding debt. But, contrary to...
The Debate Over Compartmentalization vs. Outsourcing

The Debate Over Compartmentalization vs. Outsourcing

by Susan Kirkpatrick | Aug 29, 2020 | Money Mindset, Profit First, Real Estate, Small Business

Pretty much, everyone has heard the term “Outsourcing.” This term gets more and more popular every day. It means “obtain goods or services from an outside source.” Not so with “Compartmentalization.” Compartmentalization, on the...
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Recent Posts

  • 15 Habits of Successful Business Owners
  • Budgeting with Profit First: 6 Tips on How Small Businesses Can Make the Best of What They Have
  • Pandemic and Recession: An Entrepreneur’s Worst Nightmare or New Opportunities
  • 5 Essential Elements of Goal Setting for Entrepreneurs
  • 13 Winning Strategies To Use For Time Management

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