As a business owner, you need to know your numbers. Ever seen The Profit? As a business owner you need to know your numbers, and if you’ve ever seen the show, you know that nothing frustrates Marcus more than when business owners don’t know theirs. A CPA like me can help with that. On this …
“I Got 99 Problems & No Idea Where To Start” In this week’s video I’ll talk about the 4 pillars of business strategy, and how to determine which pillar to develop your KPIs around. I’ll also walk through the example in my demo Wayfinder of what this looks like in practice.
In this video I will be walking you through an automation I built for my business that covers customer acquisition and management, meeting scheduling, invoicing and payment collection. This is a template of how you can automate tasks in your business while also marrying financial and non-financial data for greater insights.
In this episode of Talk of The Town I discuss how business owners can utilize the data within their business to measure their performance and effect change in their business. Dashboards are all about measuring forward-looking indicators so you can turn the business you have into the business you want.
No, this isn’t about pizza, but I am talking about how to grow your bottom line. In this video I’ll walk through the 5-5-5 analysis and how you can apply it to your P&L to figure out how to be more profitable.
Business intelligence is the practice of leveraging both technology and the data available in your business to facilitate business decisions. There are numerous technologies available today to facilitate data extraction and analysis. Also, thanks to the internet, cloud software and other technologies, data has never been more plentiful. Effective business intelligence allows stakeholders to make …
Can your business operate without you so you can take a vacation? The situation… We’ve both been there. You and I are business owners, and we’ve often wondered if we can take a vacation. We are far enough into Fall that maybe you’re starting to dream of warm weather and sunshine. The holidays are upon …
In this week’s Facebook Live I talk about how we “bucketize” (i.e. – categorize) your transactions. Every transaction needs to be classified for accounting purposes. I’ll also provide a high-level overview of the automation we can build around that process. The goal is for you to spend less time working in your business and more …
In this video I revisit an Entrepreneur.com article about one of the ways to measure the financial health of your business. I’ll also provide my spin on how to do it in your dashboard using the Altman Z Score.
While listening to a recent episode of the Cloud Accounting podcast, a podcast I love, the hosts were discussing a recent article in Entrepreneur Magazine that stated startups should in-source their accounting, quality control and sales. The latter two are outside my domain expertise, so I won’t speak to those. I will address some of the …
In-house your startup’s accounting? Not so fast… Read More »