Trying to figure out where I am, so I can plan out where I’m going with the business from this point forward. Up to now I didn’t have a strategy. I didn’t know my percentages in finance. I didn’t…
"ERP is such an important decision, I don’t want to half ass it. I’m not an expert at ERP – want someone who is completely unbiased to help me figure out what’s the best for the future of…
I'm not sure how to increase profits, and effectively manage profit margin. I don’t want low-margin sales and don’t want to sell low-margin products. But it’s hard to turn down opportunities from clients that have work for us.…
As a small business owner, my gut says it’s time to look for a new accountant. But I don’t know where to start. Our accountant has been totally focused on taxes. Think we should be working on more than…
We’re having that conversation about what to give for bonuses. No bonuses are bad for morale. I’m worried that if people get too much, they could sit back and take things easy for a while and that would be…
Why is keeping up with finances so complicated – I really don’t get it. It should be more straightforward. Maybe we don’t have the right people; maybe things aren’t organized enough? I constantly struggle to know what’s coming in,…
My partner is bogged down with estimates. Sometimes we spend too much time estimating and the payoff is low; but without a detailed estimate, we don't really know the job cost and what to quote to a customer so…
It feels as if, at the same time last year, we had more saved up in the money market account. And I know that last year the line of credit was paid off, while this year we’ve got quite…
I usually think of our open invoices with clients as gas in the tank waiting to be put to use. Unfortunately our clients don’t seem to be paying their bills as fast as usual. It’s getting overwhelming. These outstanding…
Last year we wanted to get annual net income down so we could avoid some taxes. Did it with leases; might have overdone it. Now we’re wishing we had more cash and net income to work with this year.…