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 | Aug 7, 2020 | Bookkeeping, Money Mindset, Profit First, Real Estate, Small Business
The Profit First Approach If we take a look at human history, we can see that “business” has been a part of human societies (no matter how small they were in the old days), far longer than “paid jobs” have been. Wisdom, models, tips, tricks,...
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 | 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 | Apr 14, 2020 | Profit First, Real Estate, Small Business
Usually, the end of one year is often the best time to review your ongoing business strategy. But now, with our forced isolation with the COVID-19 pandemic, it’s the perfect time to re-evaluate our business. Not every business can generate revenue right...
