When your company culture suffers, so does your business, from team morale to productivity, to the bottom line. Consider how your culture affects the way you interact with your customers and the experience you’re creating. According to Deloitte, “94% of executives and 88% of employees believe a distinct workplace culture is important to business success.”… Continue reading How to Build Company Culture in 7 Easy Steps
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Tax Smarts: Withdrawing Cash from Your Closely Held Corporation
You just closed your books on 2019 and got that tax shock. Maybe you paid too much, maybe the business had a huge tax bill. Regardless, it’s time to start planning for 2020 and minimize the double taxation that comes with a corporation. So, how can you withdraw cash from a closely held corporation in… Continue reading Tax Smarts: Withdrawing Cash from Your Closely Held Corporation
Leadership: New Year’s Business Resolutions for 2020
Welcome to a new decade! Luckily, we don’t have to make New Decade’s Resolutions, and we can stick to the new year, 2020. What will the new year bring for your business, your customers and your industry? Of course, you’ll want to update your business plan, create a cash budget, and put together a tax… Continue reading Leadership: New Year’s Business Resolutions for 2020
5 Tips to End the Year Right (And a Checklist)
Has it already been another year? Yes, and that means it’s time to run through a simple checklist to make sure you end it right. With a few key decisions and some smart planning, you’ll set your business up for a profitable 2020. So, let’s get started. 5 Tips to End the Year Right As… Continue reading 5 Tips to End the Year Right (And a Checklist)
Prepare your Business Budget for 2020
We recently discussed updating your business plan for 2020. Reviewing your finances is obviously a big part of that — big enough that we thought even more attention is needed for your budget. Nearly everything you do in your business can be bounced off of your cash budget. It’s one tool that will keep you… Continue reading Prepare your Business Budget for 2020
Easy Review of Your Business Plan for 2020
As 2019 comes to a close and you finish your final push to hit revenue targets and prepare for your taxes, the time comes to evaluate your business plan and get ready for 2020. Below, we have five simple things you can do to update your business plan and get on the path to a… Continue reading Easy Review of Your Business Plan for 2020
What is a Pivot? Know When It’s Time to Pivot
Things aren’t going according to plan. That business plan you put together looked great, but now you’re headed for a big decision. Keep going? Close shop? Try something different or new? If you decide to go a new route, that’s a business pivot. So, how do you know when to pivot or how to pivot? … Continue reading What is a Pivot? Know When It’s Time to Pivot
Emotional Intelligence for Small Business Owners
The term “Emotional Intelligence” was created in the 1990s. It’s a relatively new concept. But scholars, leaders, and psychologists all quickly came to the conclusion that a strong EQ can lead to personal, professional and business success. So, what is Emotional Intelligence? What is Emotional Intelligence (EQ versus IQ) Emotional Intelligence is “the ability to… Continue reading Emotional Intelligence for Small Business Owners
Hack Your Profits: Technology for Small Business Success
Time. Often even more than money, entrepreneurs want more time. So, let’s find you some more time with technology designed just for that purpose. Below are a few ways you can use technology to hack your profits, your time, and your success. Here are our favorite digital hacks for small business owners: The To-Do List… Continue reading Hack Your Profits: Technology for Small Business Success
Gig Economy Update: The California Law (AB5)
UPDATE: According the The Guardian, it appears that “Uber and Lyft drivers are bracing for a shutdown in California, one of the rideshare companies’ largest markets.” This is a over the designation of drivers as employees over freelancers. This could have a long-reaching effect on the Gig economy overall. Stay tuned! Governor Gavin Newsom’s signature… Continue reading Gig Economy Update: The California Law (AB5)