14 Ways to Instantly Boost Cash Flow

For many business owners, the summer months can come with a dip in revenue, causing major cash flow problems before the frenzy of the fall season.  With this in mind, we put together a list of 14 ways to infuse your business with cash immediately.  This list is about fundamental changes you can make in your operations, accounting, mindset and behaviors that will enhance your performance as an owner, and your … [Read more...]

Why Having An Emergency Fund Is Important

Building up an emergency fund is key when managing your finances and planning for unforeseen expenses that need to be handled immediately.  If you have debt, expert Dave Ramsey recommends that you try to put aside at least $1,000 in an emergency fund while paying off your debt.   How to Build Your Emergency Fund  Depending on where you are financially, you may be thinking that saving up … [Read more...]

3 Reasons You Should Automate Customer Payments Immediately

If your  business model includes recurring customers who pay you on a regular basis you should have an automated payment system in place. Not to be confused with automated invoicing, automated payments mean that each month you charge a payment for your services to your customer’s credit or debit card.  In order to do this successfully, you must obtain your customer's information such as the name on the business card, … [Read more...]

Four Steps To Preparing your 2020 Budget

You may be thinking that 2020’s problems are for another day, that you don’t have to start preparing next  year’s budget just yet. But you should. Planning your budget this far in advance can significantly impact not only your spending, but your ability to save, make large purchases, travel, invest, expand your business and pay your bills on time.  By having a roadmap to project your income and guide your … [Read more...]

Biggest Mistakes Made By Small Business Owners

Launching a small business is no easy task.  There are about a million things that can go right, and just as many that can go wrong.  Having a plan for your success is key to reaching your goals. After all, the saying “He who fails to plan, plans to fail” has been proven true many times. Making these mistakes can interrupt your cash flow, productivity, and ultimately, your ability to meet the needs of … [Read more...]

When Is It Better to Use Cash vs. Credit

Depending on your upbringing, you may have been taught that having a good credit score is the best thing since pants with pockets. On the other hand, you may have been warned that credit is dangerous, and that it is always better to use cash to pay for the things you can afford in the present. Oddly enough, both life lessons can ring true at any given moment. For example, when purchasing a car--the average person … [Read more...]

Don’t Subscribe Your Life Away

These days you can automate almost anything you can think of! Most of life’s conveniences come with mobile apps and automated monthly subscriptions--the really good ones even remember your habits! You can automate your utilities, grocery lists, clothes, shoes, transportation, entertainment and a lot more. It’s a convenience of the modern age that folks from every generation find themselves signing up for. … [Read more...]

International Travel Hacks: Money Edition

Traveling abroad is exciting. Whether you’re traveling by yourself or with friends and family, the opportunity to experience a new culture is becoming more and more available to us.  Flight deals are constantly happening and nontraditional travel agencies are popping up all the time! While it may be easy to start a group text with your friends and collectively book a $200 flight to South Africa for a week of fun … [Read more...]

What to do with Your Kids Birthday Money

Think back to when you hit your birthday milestones.  They often came with some cash gift from your grandparents, aunts, uncles and family friends. A ten dollar bill felt like a million bucks, and a twenty almost blew your mind.  But ultimately, what you did with that money was up to your parents. Some of our parents allowed us to immediately spend the cash by picking out a cool toy or clothes or some … [Read more...]

It May Be a New Year, But You’re Still the Same You

And we say that with love. If we’re all being honest with ourselves, a new year can mean new goals, new plans and a renewed sense of purpose, but rarely does it mean that your personality does a complete 180. It’s just not human nature. That’s not to say you shouldn’t strive to become the best version of yourself, but the key word there is yourself! And hey, you’re awesome! With that being said, you can still … [Read more...]