As we approach year-end, business owners everywhere are mapping out their journey for 2025. Like Alice, without a clear profit destination, most will approach their pathway through wonderland the same way as always: add an arbitrary percentage of 5% … [Read more...]
10 Reasons to Fire Yourself if You’re Doing Your Own Books (and a Bonus: 26 Tips for Better Books)
As a business owner, you wear many hats. But should bookkeeping be one of them? While taking charge of your books might seem like a smart move, it could be holding you back from reaching your full potential. Here are ten compelling reasons to fire … [Read more...]
Where’s The Cash?
Everybody wants better cash flow. Even the most profitable businesses run short of cash at times; especially seasonal businesses or those that are growing quickly. And many growing and profitable businesses have failed because there simply wasn’t … [Read more...]
5-STEPS TO HIGH IMPACT FINANCIAL COACHING — And 41 Powerful Coaching Questions
Many business coaches are confident supporting clients with operational issues, marketing and brand strategies but struggle with conversations about financial goals and KPIs. Like the clients they support, not all coaches have strong financial … [Read more...]
BIG FINANCIAL MISTAKES AND HOW TO AVOID THEM
What must you get right to be financially successful? At Profit Soup, we LOVE numbers. You probably expect us to say something like this: "To avoid financial problems, study your numbers." Academically, it’s a sound approach. Realistically, you … [Read more...]
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