Who’s Your Boss Let’s be honest: many of us chose to start our own businesses — or rise to the top — due in no small part to our lack of desire to work for someone else. Put simply, we like being the boss. But it is easy to forget that you must be your […]
The Difference Between Cash Flow and Profit Peaceful dreamland is an elusive place when you are a business owner. It does not matter whether you run a $500K or $500M business; worries can still keep you up at night. What is the most common thing standing between business owners and sleep? Cash. Or, rather, not
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Never Stop Learning A while back, Forbes published a list of traits of highly successful entrepreneurs. One of them caught our eye: curiosity. Curiosity is, indeed, a critical entrepreneurial trait. We are not talking about the kind of curiosity that creates shiny object syndrome (where you are constantly getting distracted by hypothetical product and service
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The Complete Guide To SG&A “SG&A Expense.” Maybe, like many things in accounting, you hear this term thrown around without really knowing what it means. SG&A stands for Selling, General, & Administrative Expense. It seems simple, but there are a lot of fuzzy areas around it. For example, how do you define what is and
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