Tag: business success

I hope this follow-up to last Friday’s blog, highlighting the “Do’s” and “Don’ts” will help you with navigating debt repayment helping your business grow and helping you get a good night sleep: While significant expenses like staff salaries, rent, and advertising are carefully budgeted, one critical “cost of doing business” that often flies under the radar is debt servicing—the monthly principal and interest payments on loans 💸.  Managing debt can feel like…  Read more

Navigating Debt Repayment for Financial Freedom For many small business owners, medical practitioners, and other professionals, launching a business or practice often begins with a well-crafted business plan 📋 and the assembly of a strong professional support team 🤝. Once a loan is secured 💰, a prime location chosen 📍, and key staff hired 👥, the real work begins. While significant expenses like staff salaries, rent, and advertising are carefully…  Read more

I hope this follow-up to last Friday’s blog, in a checklist format, highlights the “Do’s” and “Don’ts” will help you with organized, sustainable business growth. Follow the list, check off the boxes, and watch your business thrive. A great business plan is the cornerstone of success for any business. Use this checklist as a reminder as you work through your plan. Whether you’re a medical practice, a professional service provider,…  Read more

Finding new customers and markets is an exciting journey that requires careful planning and strategic action. With the right approach, the rewards can be significant. So, why not take the first step today? 🏠🚀  Weekly Takeaway: For a business to thrive and grow, it essentially needs two things: a strategic plan and an ability to continually find new customers while tapping into promising markets.  There’s a popular marketing saying: “Go where…  Read more

I hope this follow-up to last Friday’s blog, highlighting the key benefits of utilizing Budgeting, Forecasting, & Goal Setting for Business Success, provides actionable insights to help your business thrive.  Best practices include proper financial planning as the cornerstone of success for any business. Whether you’re a medical practice, a professional service provider, or a small business owner, aligning your budgets, forecasts, and goals can pave the way for sustainable…  Read more

Weekly take away: With so much uncertainty these days it’s helpful and maybe even critical to include budgets, forecasts, long and short-term goals in your business process.  Many business owners find themself struggling to understand what their finances mean or how they can use available financial information to make appropriate and necessary decisions for their business. We often get into business because we love a product or service we want…  Read more

Weekly Take-Away:  Communication is key, especially when updating processes.  This blog was scheduled to post on Tuesday (as per our new system of two general informative blogs per week).  Even though this blog features the crazy time at year-end, as an accounting firm our year-end work “bleeds” into January with required estimates and requests for planning meetings and final information requests.  This past week our work included firming up personal…  Read more

I clicked on the email from disastercustomerservice@sba.gov and was a bit surprised that they were inviting me to set up my portal so I could continue my SBA Economic Injury Disaster Loan Application. I said to myself “I got an Offer for a SBA Loan Now What Should I Do?” then I said to myself this is an opportunity and I should approach this as I would any other opportunity…  Read more

A great way to start the new year is to implement a 90 Day Action Plan for your company/medical practice/business; you may what to enhance that strategy by creating your own Professional Development Action Plan and by helping your employees create their Professional Development Action Plan as well. I love and recommend using a 90 Day Action Plan for this project! An Employee Professional Development Plan can follow all the…  Read more

As a small business owner, you’re likely always looking for ways to achieve more. Maybe you created a 90 Day Action Plan at the beginning of the month or quarter and are feeling the pressure. Have you “taken action” yet?  You might have resolved to make more money, find more clients, or grow your business. It’s fantastic to have an idea of what you want to do, but… How will…  Read more