I Video, Do You?

On April 5th, 2011, posted in: BIZ-TIP, Uncategorized by 0 Comment

Video is a great medium for connecting with people. It makes you more real to people. People do business with people they know, like, and trust, so use video to share your expertise. It helps people feel like they know you. Video keeps it fresh!

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Is There Such a Thing as Too Much Information?

On March 3rd, 2011, posted in: Uncategorized by 0 Comment

When it comes to your business’ Balance Sheet, I say no! The more historical data that you have easy access to, the better off you will be. Here are a few changes that you may want to make to your current Balance Sheet: Instead of rolling equity taken from the business into one Draws or..

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In Praise of Slowness

On February 24th, 2011, posted in: Uncategorized by 0 Comment

The pace of the world seems to be accelerating at an ever increasing speed. Because technology is so available, it seems that we are never disconnected from it. Could slowing down actually increase productivity? Could practicing mindfulness make us more effective at the task at hand? If yes, how do we slow down? In the..

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Sometimes We Have to Slow Down; Sometimes We Have to STOP!

On February 22nd, 2011, posted in: Uncategorized by 0 Comment

That’s what I did for 4 days early in December. I left my capable manager in charge of my business and my wonderful neighbor in charge of my home and my cats (aka “The Boys”), and I took off for 4 days of “Me” time. It was the very best thing I could do for..

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Do You Pay You?

On February 17th, 2011, posted in: Uncategorized by 0 Comment

Don’t let payroll is be a stumbling block for you! The IRS is very serious about it!! Paying themselves is one area that many S Corp owners aren’t aware that they are required to do. They think they can just take money out of their business as a draw like a sole-proprietor. Not so! Even..

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Can You Read Them?

On February 10th, 2011, posted in: Uncategorized by 0 Comment

Your financial statements, that is. Many business owners don’t understand their financial reports. Sometimes it’s not their fault! Sometimes the chart of accounts is not structured to provide information in a meaningful way. Since these reports are vital tools in your decision-making process, it’s important to get them set up appropriately. Here are some tips..

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Is Your Company an S Corp?

On February 3rd, 2011, posted in: Uncategorized by 0 Comment

Many small businesses are single entity S Corporations. Because owners think that “it’s my business, so I can do what I want,” they sometimes make mistakes that can create problems for them with the IRS. When we see this happen, we advise them that they need to think of their business as totally separate from..

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Do You 1099? The Deadline is Approaching Fast!!

On January 21st, 2011, posted in: Uncategorized by 1 Comment

Do you 1099? I hope so! January 31st is the deadline for businesses to mail 1099s to vendors that they paid $600 or more in 2010. Many small business owners don’t realize that includes all legal fees (they are not subject to the $600 limit) and rent. I’m always amazed how many bookkeepers don’t know..

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Free Call: Start 2011 off Right

On January 6th, 2011, posted in: Uncategorized by 0 Comment

HOW I WENT FROM ZERO TO SIX FIGURES WORKING FROM HOME WITH NO EMPLOYEES… AND YOU CAN TOO! Join me for this FREE CALL as I interview Patricia Drain who has an amazing track record of entrepreneurial success. She has built and sold several multi-million dollar businesses. Patricia has been my friend and role model..

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Do You Rethink?

On December 21st, 2010, posted in: E-News, Uncategorized by 1 Comment

The week between Christmas and New Year’s Day is my annual “Rethinking Week.” This is an idea that I learned many, many years ago from my friend and adviser Jim Cathcart. I take all aspects of my business and ask some critical questions: What worked this year? What didn’t work? How can we improve? What..

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