In our recent blog, Prepare for Profits in 2025, Part 1: Your Cost Structure May Never Be the Same, I shared my thoughts about how policy and economic changes might impact cost structures in 2025. I stressed the importance of monitoring your 5-Line … [Read more...]

Many entrepreneurs recall being caught off-guard when pandemic-inspired business interruptions, labor challenges, and supply chain dysfunction wreaked havoc with cost structures. How could you see that coming? Nobody could. Not the case today. Astute … [Read more...]

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...]

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...]

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...]