Category Archives: Business Tips

Understanding Equity on the Partnership Balance Sheet

The equity section of a business’s balance sheet is the most difficult part to understand. The accounts that make up that section vary depending on the type of entity in which the business is structured. In this article, let’s take … Continue reading

Posted in Business Tips | Comments Off on Understanding Equity on the Partnership Balance Sheet

Pricing Methods

How do you arrive at a price for the products and services you sell? While it depends on what industry your business is in, there are only a handful of foundational pricing methods that are useful to know. Here are … Continue reading

Posted in Business Tips | Comments Off on Pricing Methods

Time Batching

For small business owners, it seems like there is never enough time to get everything accomplished. One tool that will help you get the most out of your time is time batching, also called time blocking. If you haven’t heard … Continue reading

Posted in Business Tips | Comments Off on Time Batching

Understanding Equity on the Corporate Balance Sheet

Your favorite number on the balance sheet might just be Cash. It’s easy to understand and something every business has. But there is a more meaningful number, at least in the long-term sense, and that’s equity. Let’s dive deeper into … Continue reading

Posted in Business Tips | Comments Off on Understanding Equity on the Corporate Balance Sheet

Cool Tech Tools: ClickUp™

ClickUp™ is a versatile new web application that serves multiple functions for a small business. It’s primarily a CRM – customer relationship management – with project management and workflow features built in, and is adaptable across several industries. ClickUp’s goal … Continue reading

Posted in Business Tips | Comments Off on Cool Tech Tools: ClickUp™

When Your Remote Employee Lives and Works in Another State

Remote working has exploded in the last few years, especially in professional services. Now that companies are seeing the benefits of remote working, they are also seeing the benefits of an expanded pool of potential employees. Some firms are hiring … Continue reading

Posted in Business Tips | Comments Off on When Your Remote Employee Lives and Works in Another State

Is Your Best Skill Aligned with Your Business Model?

When starting a business, most entrepreneurs excel at the specific technical skill set they need in order to deliver their services and products to clients.  For example, if you own a bike shop, you are pretty great at all things … Continue reading

Posted in Business Tips | Comments Off on Is Your Best Skill Aligned with Your Business Model?

Five Subtle Ways to Carve Out More Business Profit

Whether we’re headed for a recession or not, it’s always a good time to squeak out more profits from your business books. We’re not talking about drastically slashing expenses or spending a lot to raise revenue; the tips in this … Continue reading

Posted in Business Tips | Comments Off on Five Subtle Ways to Carve Out More Business Profit

Unravel Your Competitors’ Secrets with Mystery Shopping

Every business has competitors of one sort or another, and in many industries, it’s crucial to know what your competition is offering their customers. The good news is you can often find out what your competition is up to, and … Continue reading

Posted in Business Tips | Comments Off on Unravel Your Competitors’ Secrets with Mystery Shopping

How to Make Accountability Work

Almost every successful business owner craves accountability. We’re wired to respond to crises and to help others, sometimes before we help ourselves. Entrepreneurs are excellent in running their day-to-day businesses, but some need more accountability to meet internal deadlines and … Continue reading

Posted in Business Tips | Comments Off on How to Make Accountability Work