ARE YOU STILL OPERATING AS A ONE MAN SHOW?

Starting your business was your dream, your baby so I completely understand guarding it with your life.  When you begin making money it is easy, natural and understandable to keep that money for yourself.  Afterall, the goal was for a better life for your family, right?  RIGHT!  The problem is that no man is an island.  You cannot and will not make it to the next level of your business operating alone.  There is a maximum that any one…

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DO YOU KNOW WHERE YOU ARE? PART 2 FINANCIAL LITERACY INCREASE!

DO YOU KNOW WHERE YOU ARE?  PART TWO FRIENDS, ENTREPRENEURS, NON-PROFITS, LEND ME YOUR EARS & LET’S INCREASE YOUR POCKETS! We do not have to nor should we shout over the past and into the future without knowing what the past was! HOW much money $ did you make last year? Where did you spend that money? If your disbursements or expenditures were placed in graph form, what would it look like? Is 50% of your money spent on…

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DO YOU KNOW WHERE YOU ARE? Financially, Structurally?

Business owner, individual, church leaders, LEND ME YOUR EARS! It’s late in the game but together we can do it!   We’re practically in December which means two things: 1) Christmas and 2) New Year’s!  The pressure is on to begin planning for a prosperous New Year, a change, an improvement, increase, better, more and the list goes on & on; however, isn’t it a little late to begin preparing for this flood of greatness?  YESSSSUS and No! Honestly,…

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IS YOUR SMALL BUSINESS OPERATING WITHOUT A BUDGET?

Operating without a budget is just a bad idea period.  It is year-end, the 4th quarter and while your business is just trying to stay afloat or figure out holiday celebrations; it really should be preparing for the next year!  Successful corporations can take time off at year-end, relax only when their business is completed! Without a budget in place for 2020, there isn’t time for you to become relaxed at all!  Most companies, most small businesses never operate…

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MONEY MANAGEMENT Is the key for Financial Stability

Gifts are abundant and profitable.  However the lack of money management, can leave one gifted and broke.  Your gift is designed to provide provision.  Most people have multi ideas, gifts, thoughts or abilities to earn money.  In fact those gifts can be so rewarding and overwhelming that it delays or hinders one from seeing or viewing his or her earning potential.   The gifts one posse are simple, regular and natural to the holder.  It hardly seems adequate or sufficient…

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SHORTCUTS IN BUSINESS…….HMMM THEY CAN BE COSTLY

I often find myself in talks with people about business, entrepreneurs and the success of business people.  Most people tend to think that entrepreneurs have shortcuts, secrets to their success.  They rush off to seminars trying to figure out the secrets and of course looking for the shortcut!  I’ve said it before, but it bears repeating, “the thing about shortcuts is that one is never enough” ~ Kimberly Davis Shortcuts taken anywhere eliminates the knowledge that only process can…

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PAYROLL, A THORNY ISSUE; REMOVE THE THORNS

PAYROLL, A REAL THORNY ISSUE “While good business ideas are plentiful, many entrepreneurs struggle to understand payroll taxes, health care and other thorny issues… In other words, they don’t have the financial literacy to scale their businesses and attract investors.”    THIS QUOTE WAS TAKEN DIRECTLY FROM Shark Tank Entrepreneur, Daymond John and Founder of FUBU, titled the Number 1 thing Entrepreneurs need.   This, is definitely one of my favorite quotes and one I use often to promote my business. …

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FINANCIAL MYTHS DEBUNKED

FINANCIAL MYTHS DEBUNKED I was talking with a few colleagues years ago concerning money.  The debate was about being rich, being paid well and the secrets to becoming rich.  Their arguments to me were the following: People should pay their employees more so that the employees can be well off or financially fit just like the employer Wealthy people are stingy Wealthy people are greedy Wealthy people have secrets that the rest of us don’t know and that’s how…

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ASKING FOR MONEY…..TABOO SUBJECTS CANNOT BE IGNORED

ASKING FOR MONEY?! I write and discuss money quite a bit and for a southern girl, that’s not the cutest thing or part of our southern charm so to speak.  However, it is very necessary!  First and foremost, money is MY BUSINESS! As the Queen “B” of doing Business Better, LLC, money is what I do!  It’s the way I assist my clients in having better business by having good books!  So discussing money has become second nature.  Secondly,…

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MONEY TIPS YOU NEED TO KNOW

MONEY TIPS & KNOWLEDGE DROPPED Just because you start a business and that business makes money will not mean you know how to manage money better!  Having more money doesn’t make you better at managing it. Having a business and more money is the best reason to hire a bookkeeper! One should always have multiple bank accounts it is one of the best and most effective ways to budget! General Account – this could be your direct deposit account…

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