How to Stop Growing Yourself Out of Cash

November 1, 2017 by & filed under Knowledge.

Are you growing yourself out of cash? It sounds like a good problem to have, doesn’t it? Or maybe it sounds impossible. Not so fast. When you’re in the rapid growth phase of business (picture below), it can be deceptively easy to grow yourself out of the critical cash you need to sustain your growth.

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What Are You Missing by DIY-ing Your Business?

October 4, 2017 by & filed under Knowledge.

  Some things are great for DIY-ing, like cutting down your own Christmas tree or building your own bookshelf. But are you DIY-ing your business? You might want to rethink that. I often run into entrepreneurs and business owners who think they have enough experience with their bookkeeping system (whether it’s QuickBooks, FreshBooks or an

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Are You Blue Collar Proud?

September 27, 2017 by & filed under Knowledge.

  “If you don’t know your numbers, you aren’t really taking responsibility for your business.” -Taylor, Blue Collar Proud I couldn’t agree with Taylor more. If you misunderstand the story your numbers are telling you, it can create chaos in your life and the lives of your employees. I care about YOUR numbers, and that’s

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How to Avoid Creating a Toxic Culture

August 23, 2017 by & filed under Knowledge.

  I was talking with a business manager a few months ago who said to me, “We don’t really have a culture in our workplace.” I couldn’t help but laugh. That’s like saying, “My family has no traditions.” Every family has traditions! Likewise, every organization has a culture. The real question is, do you recognize

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How Interviewing Helps You Hire the Right People

July 26, 2017 by & filed under Knowledge.

  I recently read an article titled “Science Proves Job Interviews Are Useless.” That was a catchy headline, but the real message was that unstructured interviews don’t work. As I read this article, I thought: if interviews don’t work, the next logical question is “How do we assess potential candidates?” There are a couple of

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3 Ways to Increase Your Cash Flow

July 12, 2017 by & filed under Knowledge.

  Cash gives you options. My clients know very well that this is one of my favorite mantras. Cash gives you the options and flexibility to determine when and how you want to do things in your business. By optimizing your cash flow, you can actually increase your cash flow. Optimizing cash flow simply means

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