Once your business actually starts making some money, how can you pay yourself as a business owner for the work you do?

Do you have some business goals for 2021, besides increasing sales? Have you thought about how you might fund those goals?

The Profit and Loss Statement (P&L), is one of the first reports (and sometimes the only report) that a business owner looks at.

With the postponement of tax payment due dates, many were relieved in April. But, the time has come to pay up.

As you move forward from this challenging season, what should you as a business owner be doing?

When your accountant did your taxes, were you confused because your net income was good, but your cash balances were low?

Having a cash reserve makes a lot of business decisions easier and provides freedom to make choices.