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...
by Susan Kirkpatrick | Jul 28, 2020 | Bookkeeping, QuickBooks, Small Business
If you’re into the habit of looking at or working on your books only when it’s tax season, then when your accounts and expenses have gone completely haywire, you’ll waste hours trying to figure out where it all went wrong. And you’ll think...
by Susan Kirkpatrick | Jul 14, 2020 | Money Mindset, Profit First, Real Estate, Small Business
What does it mean to want financial freedom? The definition of financial freedom varies significantly from individual to individual, especially between working individuals (employees), entrepreneurs, and business owners. For me, choosing business over a job was a...
by Susan Kirkpatrick | Jul 13, 2020 | Money Mindset, Profit First, Small Business
Whether you are starting your first business, an entrepreneur, focusing on a side-hustle, or self-employed, you have to develop the right money mindset to succeed. That’s not to say the people who are employed can get by with an “improper” money...
by Susan Kirkpatrick | Jun 30, 2020 | Bookkeeping, Profit First, Real Estate, Small Business
Cash flow management is one of the primary drivers of the success or failure of a small business. According to a US banking study, 82% of the businesses fail due to poor cash management. That’s a startling statistic, and it shows just how important cash flow...