“Celebrate endings—for they precede new beginnings.” —Jonathan Huie Running a business can be like running a marathon. It takes hard work, preparation, and endurance. As we close out 2024, it’s the perfect time to reflect on what you’ve learned and how it can drive you forward towards better performance in 2025. What financial insights have…
Bev & Cheryl’s Ice Cream Shop is growing! Its wacky 32 flavors leave customers with sticky fingers and happy hearts. Who can resist Churro Chip Cinnamon Explosion, PB & Banana Split Supreme, and Strawberry Basil Bliss on a sugar cone? The bank, that’s who. Bev & Cheryl recently applied for a business loan to purchase…
Did you ever cheat on an exam in school? You know… using the old side-eye while keeping your head down to read what Frank put down for question 3. Have you ever stolen something? Perhaps something was hiding under your child’s diaper bag in the grocery cart and you didn’t realize it until you got…
“Oops! I accidentally purchased my family’s new goldendoodle on the company credit card. Her name is Luna…she was $5,000. I’m sorry!” As a business owner, have you ever heard a statement like this before? If you issue business credit cards to your employees, chances are a mistaken personal expense might show up on your credit…
Imagine yourself 40 feet above the ground between two cliffs, arms outstretched for balance and keenly aware of every muscle flinching in your body as your feet grip the thin rope below you. Your balancing act requires intense focus on what’s ahead – never looking down, and certainly never looking backwards. Your leather-soled shoes grip…
Have you ever given any thought to knots? Unless you are a Boy/Girl Scout or captain of a boat, most likely not. (See what I did there?) But I’m betting that knots are in your life more than you realize… Garlic knots are delicious and keep hungry bellies full. Pretzels too! The bow knot keeps…
It’s Monday morning and before you even have time to drink a full cup of coffee you receive the news that your in-house bookkeeper put in her two weeks’ notice. This news threatens to ruin your whole day (your whole week!) because she’s only been with you 4 months. The bookkeeper before her lasted…
Holy Toledo, Batman! Six months before filming began for the newest Batman movie, an up-and-coming Prop House, Prop-O-Matic, won the bid to manage all of the Caped Crusader’s on-set property needs. Mike, the business owner, nearly jumped out of his socks when he heard the news that his years of hard work had paid off.…
“Well, how ya’ doin’ John?” The jingle of the bell above your general store’s front door alerted you that the town’s most hardworking and successful farmer just walked in to buy this week’s necessities for his household. “I’ll take a pound of flour, 2 cans of beans, a canister of coffee, and 3 candlesticks. Just…
“Put on your parachute – we’re going down! In one month, we’re out of cash runway…and out of business” This is not what the owner of Sunshine and Rainbows Airline, Captain Grey, wanted to hear from his accountant at the beginning of their monthly financial meeting. Things had been going so well for years, but…