Budgeting Essentials

While having an OK budget is better than not having one at all, there are a number of benefits you get from taking the time to create a detailed budget for your business.   Learn more in this week’s blog.

There is a difference between a budget that you prepared out of obligation versus a budget that you use to produce business pivot points.  Learn 5 ways your budget creates pivot points in your business in today’s blog. 

You may be tempted to create a quick budget or simply skip creating a budget at all.  You may think you are saving time, but you are giving up more than you are saving.  Learn more in this week’s blog.

A good Cash Flow system does more than just take money in and send money out. You need to have a purpose behind what you do. Learn more in this week’s blog.

If 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 how much cash you have available to spend.  Not knowing can have a negative effect both on your profitability and your cash flow.  Learn more in this week’s blog.

You may not think of a budget as a money saving tool. Many people even think of it as a chore or something that your accountant does. But there are a number of ways that a budget can help you save money.  Learn more in this week’s blog.

When you are running an entrepreneurial business, you want to take advantage of every tool that will help your business.  A budget is one of those tools that you want to make sure you use.    Learn more in this week’s blog.

Many people begin the New Year with resolutions for changes that they want to make for the coming year.  Unfortunately, many of those resolutions fail, in part because there is no implementation plan that goes along with the resolution.  Learn more in this week’s blog.

A budget not only gives you an annual plan for your business, it also helps your vision for your business. Learn more in this week’s blog.

Your entrepreneurial business depends upon the cash it generates. But what can you do to keep cash flowing in your business?  Learn more in this week’s blog.

What are you thinking about your business? Do you see yourself succeeding or just surviving?  However you see yourself is the way your business life will turn out. Learn more in this week’s blog.

Just because you are not borrowing money doesn’t mean you can’t replace your equipment. It just takes a different mindset and some preparation. Learn more in this week’s blog.

“Conventional” wisdom teaches business owners that paying interest is a “normal” business expense that you should expect to pay.  But, is that really an expense that you have to have in your business?  Learn more in this week’s blog.

You may think that your entrepreneurial business is making money.  You may even have money in the bank.  But are you really making money?  Is your business making as much money as it should be?  Learn more in this week’s blog.

No matter how well your business is operating, there will be things that happen that are beyond your control. Could an emergency fund help you?   Learn more in this week’s blog. 

Anticipating your cash flow may seem to be something that you just can’t do. But when you follow these 5 steps, you avoid many cash flow problems before they happen and take steps to keep your cash flow positive. Learn more in this week’s blog. 

Entrepreneurial business owners are busy.  You wear many different hats to keep your business going.  The CEO decisions are yours to make, but marketing, customer service and yes, even taking out the trash often falls to you, too.  Every task you choose to do will take time.  So why should you take the time to prepare a cash flow budget?  Learn more in this week’s blog. 

Integrity, or soundness of character is crucial to the health of our personal lives and business. Consider three foundational questions about your integrity and its impact on those you serve in your business. Learn more in this week’s blog. 

Choosing not to live an exemplary life poses many dangers. Living a compartmentalized life that promotes a double-standard is just one of those. On the flip side, living as an example for others to follow offers many rewards both for you and those who follow you. Learn more in this week’s blog…

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…