It is the beginning of the year, right? Have you committed to a New Year’s resolution? Maybe you're going to eat healthier, work out more, procrastinate less, or adjust your work-life balance. We cannot help you with every one of those things, but you can read our latest blog post on rethinking
Leaping Lizards! It’s Almost 2022!
"Year’s end is neither an end nor a beginning, but a going on...” - Hal Borland It’s hard to believe, but once again, another year is coming to an end! Like Hal Borland said, the changing of the calendar represents a division of time, but also, a continuation of time. While we recognize
Don’t drown! Know your numbers and save your business
Don't ever let your business get ahead of the financial side of your business. Accounting, accounting, accounting. Know your numbers." Businessman Tilman Fertitta reminds us that it might not matter how great a product or service you offer. If you don't keep on top of your financials and "know your
Owner’s Equity Time Lapse
In previous posts, we brought the balance sheet into focus and then adjusted our aperture to focus on three important balance sheet analyses. Now we'll take a closer look at one of the main sections of the balance sheet - Owner's Equity. Think of owner's equity in terms of a time-lapse. A
2020: The Struggle Makes You Stronger
As we prepare to turn the calendar, I think we can all say that 2020 has been a unique and challenging year. Many of the small businesses we know and serve spent much of the year in survival mode. Their primary focus was often trying to generate enough sales to pay the bills to keep the
Adjust Your Aperture: 3 Balance Sheet Analyses to Focus On
When we discussed the basics of a balance sheet, we likened it to a snapshot of a company's financial position: what a company owns and owes at a particular point in time. The most important element of a good photo is the ability of the photograph to communicate with the viewer. It should be able
Say Cheese! – Bringing the Balance Sheet into Focus
The Balance Sheet provides a snapshot of a company's financial position - what the company owns and what it owes - at a particular point in time, often at the end of a month, quarter or year. Business owners, investors, and lenders use the Balance Sheet to assess a company's financial strength and
Once You Stop Learning, You Start Dying
"Once you stop learning, you start dying." We're not aiming to be morbid with this quote by Albert Einstein. However, it illustrates the danger of becoming stagnant in our quest for learning and complacent in thinking that what we know right now is enough. Over the course of this year, we've