News
4 Signs Your P&L is Wrong
Identify critical inaccuracies in your profit and loss statements with our guide on the 4 key signs something is amiss.
Why Employees Steal
Employee theft is a major risk for small businesses, often driven by financial pressure, opportunity, or a sense of injustice. This article breaks down the common reasons employees steal, how to recognize red flags, and simple steps owners can take to safeguard their company. With the right systems and transparency, you can build trust and stop fraud before it starts.
3 Things to Do in Slower Times of the Year
Explore actionable tips to keep your business thriving during downtime, including revisiting proposals, rewarding loyal customers, and fostering team engagement through contests.
Rocket Profits – Compensating Your Internal Customers
Explore the impact of rewarding your internal customers—your employees—on overall business success. Learn strategies to align compensation with company goals for maximum profitability.
Rocket Profits – Retaining Your Internal Customers – Part 1
The best way to achieve your moonshot goals is with your internal customers – i.e. the employees who work with you. They have to be focused on the same goals be a part of the journey and the rewards.
Rocket Profits – 8 Questions You Must Ask about Your Business
Want to skyrocket your profits? These 8 key financial questions help you analyze productivity, net profit per hour, overhead costs, and recurring revenue. Get your team on board and start improving your bottom line today!
Rocket Profits – The Reason Behind the Moon Shot and How it Applies to Your Business
Learn how setting ambitious ‘moonshot’ goals, inspired by historic space missions, can drive exponential growth and success in your business.
Give Managers Responsibility, Accountability, AND Authority
Empowering managers with responsibility, authority, and accountability is key to business success. Learn how to delegate effectively, support your managers, and foster leadership without micromanaging.
Six Behaviors of Great Managers
Great managers don’t just lead—they inspire. Learn the six essential behaviors that set top leaders apart and help teams thrive in any business environment.
Grooming Your Management Team
Your management team is the backbone of your business. Discover essential strategies to groom them for leadership, boost productivity, and drive success.
5 Ways to Go Broke Even if Your P&L Says You Earned a Profit
Your P&L shows a profit, but your bank account says otherwise. Learn the hidden financial missteps businesses make that could lead to bankruptcy—and how to avoid them.
Don’t Be Passionate?
Following your passion might sound like great advice, but it’s often impractical and risky. This article explores why passion isn’t always the best guide—and offers smarter alternatives to achieving success in your career or business.
How to Have a Great Start in 2025
As 2025 approaches, it’s the perfect time to reflect and set the stage for a successful year ahead. Our latest article offers actionable advice on financial management, personal development, and effective goal-setting to help you thrive in the coming year.
Celebrating a Milestone: Recognition as an Entrepreneur Pushing the Boundaries of AI
I am thrilled to share my recent recognition by Authority Magazine as an entrepreneur pushing the boundaries of AI. This honor reflects my dedication to leveraging artificial intelligence to revolutionize financial strategies and empower businesses toward success and sustainability.
Start 2025 Off Right!
As 2025 approaches, it’s crucial for businesses to anticipate increased equipment, refrigerant, and training costs. This article provides actionable steps to incorporate these expenses into your budget, ensure timely and accurate financial statements, and set realistic profit goals to keep your business financially healthy all year.
Who REALLY Are Your Customers?
Understanding your customer base is crucial for effective marketing. This article introduces the “Bull’s Eye” approach, categorizing customers into clients, customers, prospects, suspects, and the general population, and provides strategies to engage each segment successfully.
The Changes for 2025
As 2025 approaches, businesses, notably in the HVAC sector, face significant changes due to new refrigerant regulations leading to increased prices and necessary employee training. Beyond industry-specific shifts, factors like geographic challenges and personnel changes also demand attention.
He can Afford It. He’s Made Of Money.
Employees often perceive owners as having unlimited resources, especially when unaware of operational costs and profit margins. Establishing a standardized bonus structure educates employees about these financial aspects, aligning their interests with company profitability.
Why and How to Fire a Customer
Ending a client relationship is never easy. Discover why it might be necessary and how to do it professionally to maintain your business integrity.
Sometimes You Have to be Hit Between the Eyes with a 2X4!
Neglecting weekly financial reviews can lead to unforeseen monetary issues. Learn from a real-life example highlighting the critical role of consistent financial oversight in business success.
Answer These 10 Questions to See if Your Business is Financially Healthy
Is your business financially healthy? Discover 10 essential questions every business owner should answer to ensure financial stability.