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Budgeting Essentials

Helping you master the practical essentials of Budgeting, Cash Flow, Accounting and Debt Relief.

This blog addresses Budgeting, Cash Flow, Accounting and Debt Relief issues and tips for Small Business Owners.  The posts give you practical suggestions and how they can help you save money.
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Aim for Progress, Not Perfection

When we focus on progress instead of perfection it frees us up to be more creative, more motivated, less stressed and we get things done. Learn more in this week’s blog to discover at least six ways that you can make progress in your business today…

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© 2018 Dan Heiland 2018 Kat Heil, LLC

Don’t Focus on the Rock in the Road

Focusing on problems and obstacles gives them a life of their own. They become ominous, looming over us and causing us to crash. Read the rest of the article to find out how to avoid this natural tendency…

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© 2018 Dan Heiland 2018 Kat Heil, LLC

The Beauty of Brevity

Where did we ever get the idea that we had to be verbose to write effectively? Lincoln’s Gettysburg address was only a bit over half-a-page! Learn more in this week’s blog.

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© 2018 Dan Heiland 2018 Kat Heil, LLC

Cures for procrastination!

Procrastination causes missed deadlines and opportunities, gives you a bad reputation, creates stress, and can cost you your business. Take control of your work and your life by implementing these cures for procrastination.  Learn more in this week’s blog.

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© 2018 Dan Heiland 2018 Kat Heil, LLC

Failure – The Backdoor to Success

Think of failing in terms of a cross-fit workout. The workout is painful, but it’s good pain. We endure the pain, because we know that it’ll strengthen us. And as we grow stronger, our confidence grows too. So, we persevere and keep trying. Each time we fail is like that workout, we’re getting stronger and stronger, preparing to succeed. Learn more in this week’s blog.

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© 2018 Dan Heiland 2018 Kat Heil, LLC

The 4 Ps of Time Optimization

When it comes to time, we all have the same amount. No one has extra hours stashed away in a savings account for a rainy day. None of us can turn the clock back, stop it, or even slow it down. Our daily allotment of time is 24 hours—period—or is it? Learn more in this week’s blog.

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© 2018 Dan Heiland 2018 Kat Heil, LLC

Dealing Effectively with Change.

Last week I talked about “Cash Flow: Why you pay yourself first.”  If you missed that post, you can review it HERE.  This week’s post is “Dealing Effectively with Change.” Change is inevitable.  Some changes we initiate and enter into willingly, while others are thrust upon us.  But regardless which kind or type it is, you need to deal with change.  Learn more in this week’s blog.

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© 2018 Dan Heiland 2018 Kat Heil, LLC

Cash Flow: Why you pay yourself first.

Last week I talked about “Cash Flow – Why timing is important!”  If you missed that post, you can review it HERE.  This week’s post is “Cash Flow: Why you pay yourself first.” It may seem obvious that you need to manage your cash, but you would be amazed at how many small business owners don’t have a cash management plan.  Paying yourself first is an important part of a good cash management plan.  Learn more in this week’s blog.

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© 2018 Dan Heiland 2018 Kat Heil, LLC

Cash Flow – Why timing is important!

Last week I talked about “Keys to a good startup budget.”  If you missed that post, you can review it HERE.  This week’s post is “Cash Flow – Why timing is important!”  You are busy either growing your business or getting it ready to go. You know you will need a cash flow budget eventually.  But why do you need to do one now?   Learn more in this week’s blog.

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© 2018 Dan Heiland 2018 Kat Heil, LLC

Keys to a good startup budget

Last week I talked about “How does a Cash Flow budget help my Small Business start up?”  If you missed that post, you can review it HERE.  This week’s post is “Keys to a good startup budget.”  Your startup business is getting ready to go and it is time to create your first budget. What do you need to include?   Learn more in this week’s blog.

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© 2018 Dan Heiland 2018 Kat Heil, LLC

How does a Cash Flow budget help my Small Business start up?

Last week I talked about “Cash Flow - why do I need a budget?”  If you missed that post, you can review it HERE.  This week’s post is “How does a Cash Flow budget help my Small Business start up?”  You have a great idea for a new business.  But you can’t just dive into the business without a plan.  Part of that plan is doing a cash flow budget.   Learn more in this week’s blog.

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© 2018 Dan Heiland 2018 Kat Heil, LLC

Cash Flow - why do I need a budget?

Last week I talked about “What is Cash Flow?”  If you missed that post, you can review it HERE.  This week’s post is “Cash Flow - why do I need a budget?”  Good cash flow management involves more than just taking care of the cash you have. You need to look at what is going to be coming in, too.  In order to do that you need a good cash flow projection built from for your budget.   Learn more in this week’s blog.

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© 2018 Dan Heiland 2018 Kat Heil, LLC

What is Cash Flow?

Last week I talked about “Cash Flow Issues - Are you thinking big enough? Part 3.”  If you missed that post, you can review it HERE.  This week’s post is “What is Cash Flow?”  You often hear that small businesses fail because of lack of “Cash Flow”.  But what does “Cash Flow” really mean to a small business owner from a practical standpoint?  Learn more in this week’s blog.

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© 2018 Dan Heiland 2018 Kat Heil, LLC

Cash flow issues - Are you thinking big enough? Part 3

Last week I talked about “Cash Flow Issues - Are you thinking big enough? Part 2.”  If you missed that post, you can review it HERE.  This week’s post is “Cash Flow Issues - Are you thinking big enough? Part 3.”  Do you find yourself reluctant to update your pricing because you are afraid you will lose customers?  While you need to be aware of the market value of your service, you pricing also needs to reflect the value of what you are delivering.  If you are delivering above average services, you shouldn’t be charging bargain basement prices.  Learn more in this week’s blog.

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© 2018 Dan Heiland 2018 Kat Heil, LLC

Cash flow issues - Are you thinking big enough? Part 2

Last week I talked about “Cash Flow Issues - Are you thinking big enough? Part 1.”  If you missed that post, you can review it HERE.  This week’s post is “Cash Flow Issues - Are you thinking big enough? Part 2.”  Do you find yourself resistant to change because you tried something and it didn’t go well?  You need to examine your procedures periodically to make sure they are efficient and effective.  You don’t want to limit your cash flow by using outdated procedures that cost you extra time and money.  Learn more in this week’s blog.

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© 2018 Dan Heiland 2018 Kat Heil, LLC

Cash flow issues - Are you thinking big enough? Part 1

Last week I talked about “Cash Flow Issues - Overspending.”  If you missed that post, you can review it HERE.  This week’s post is “Cash Flow Issues - Are you thinking big enough? Part 1.”  Are you limiting yourself with your thinking?  Do you undervalue your services?  These are things that will limit your growth and your cash flow.  Learn more in this week’s blog.

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© 2018 Dan Heiland 2018 Kat Heil, LLC

Cash Flow Issues - Overspending

Last week I talked about “Cash Flow Issues - Tracking your finances.”  If you missed that post, you can review it HERE.  This week’s post is “Cash Flow Issues - Overspending.”  When you don’t do your books regularly and don’t have a well prepared budget to remind you of your upcoming expenses, you don’t really know what you have available to spend.  If you have an annually billed payment coming up next month, you don’t want to spend the money this month on something else that could have waited.  Your budget helps you remember these expenses..  Learn more in this week’s blog.

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© 2018 Dan Heiland 2018 Kat Heil, LLC

Cash Flow Issues - Tracking your finances

Last week I talked about “Cash Flow Issues – failing to plan.”  If you missed that post, you can review it HERE.  This week’s post is “Cash Flow Issues - Tracking your finances.”  Failing to keep financial track of your business on a monthly basis is another financial reason that many businesses fail.   It is important to do your books every month when you are in business.  This is a function that many small business owners wait too long to seek help with or overestimate their ability to complete.  You can’t make good financial decisions without knowing the state of your finances.  Learn more in this week’s blog.

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© 2018 Dan Heiland 2018 Kat Heil, LLC

Cash Flow Issues – failing to plan

Last week I talked about “Cash Flow Issues - not enough start up money.”  If you missed that post, you can review it HERE.  This week’s post is “Cash Flow Issues – failing to plan.”  Failing to plan properly is another financial reason small businesses fail.  This sounds like a non-financial reason, but it has a big financial component to it.  If you don’t take the time to develop a well prepared budget, you haven’t properly planned your finances for your business. Learn more in this week’s blog.

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© 2018 Dan Heiland 2018 Kat Heil, LLC

Cash Flow Issues - not enough start up money

Last week I talked about “Cash Flow for Small Businesses.”  If you missed that post, you can review it HERE.  This week’s post is “Cash Flow Issues - not enough start up money.”  One reason small business fail is that they don’t have enough money to get themselves through the start up period.  You need to properly anticipate how much money you are going to need to get your business off the ground. Learn more in this week’s blog.

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© 2018 Dan Heiland 2018 Kat Heil, LLC