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...
by Susan Kirkpatrick | Jun 26, 2020 | Bookkeeping, Small Business, Taxes
If I ask business owners what their least favorite part of running a business is, a lot of them will say taxes. And that’s completely normal. It wouldn’t even be too presumptuous to say that many business owners practically dread tax time. Even if you do everything...
by Susan Kirkpatrick | Jun 15, 2020 | Bookkeeping, Small Business
Proper bookkeeping is essential for the survival and growth of small businesses. Truth is that many business owners learn the hard way after they have suffered through the repercussions of ignoring their bookkeeping. Hopefully, you aren’t one of those, and you are...
by Susan Kirkpatrick | May 19, 2020 | Bookkeeping, Small Business
When you start a small business, bookkeeping isn’t the first thing in your mind. It might not even be in the top ten things on your mind. You might prioritize taking your business off the ground, generating revenue, building a decent clientele, and keeping up to...