(A Four-Part Series) Part IV – Minimizing the Cost of Employee Turnover In the past Team Talk blogs, I’ve talked about the “financials of people” including my philosophies about finding, hiring and paying the right people, the timing of growing your team, as well as ways to invest in your employees for business growth and […]
15 Financial Management Tips for Beginners
15 Financial Management Tips for Beginners Separate Business Expenses from Personal – This will help keep your personal spending separate from your business costs. Plus, having a business credit card could come with a higher credit line, for unforeseen expenses. Not separating the two can cause confusion when you’re analyzing your yearly spending. It could […]
Why budgeting is so important when you’re struggling
I meet so many business owners that are living hand to mouth. They have that nervous feeling in their stomach every time they need to pay bills. Worried that this is the month they’re not going to be able to make payroll, or wondering if they can pay themselves enough to cover their mortgage. Budgeting […]
Why budgeting is so important when you’re thriving
I often meet business owners that are doing great. They don’t need a budget. They have money in the bank, sales coming in and are growing at a nice pace, but are there dangers lurking ahead? Wouldn’t you rather know before they jump out of the closet and cause a commotion? I sure would! Even […]
Is your business healthy or just big?
I meet a lot of business owners that are doing everything they can to build a big business. I also have met quite a few owners of big businesses that are struggling. What all of these business owners really want is a healthy business. Does this sound familiar? Have you been focused on growing a […]