The transition to Profit First can seem like a big adjustment when you’re paying down debt. Often, clients are so motivated as they start cutting costs that they apply all those savings to reducing debt. They are so excited about the progress that they bypass the profit account and apply all extra monies towards debt […]

Most of us have likely heard the phrase “fight or flight”, also known as acute stress response. The phrase was coined by psychologist Walter Bradford Cannon in the early part of the 20th century to describe a physiological reaction that occurs in response to a perceived harmful event, attack, or threat to survival. While it’s […]

Guest Blog by Connor Gillivan, CMO and co-owner of FreeeUp.com Outsourcing is one of the best advantages that businesses have in this day and age. It can help you scale your business faster because of one simple fact:  traditional hiring is one of the greatest burdens that businesses have faced, and outsourcing is the paradigm […]

If someone asked you to guess the percentage of women entrepreneurs in the United States less than fifty years ago, what would you estimate? Thirty percent? Twenty percent? Ten? Try 4.6%. That’s right, in 1972 women only owned 406,000 businesses in this country. That may seem like a lot, but when you consider that there […]

Depending on where you live, it might not exactly look like spring outside. Maybe you see snow, rain, or (if you’re lucky) some sunshine. Or maybe you see a little bit of everything right now! As fickle as March can be, though, the truth is that spring has indeed officially sprung. But if you’re an […]

Guest Post by Cyndi Thomason of bookskeep How much of your Amazon payout do you need to set aside to purchase your next round of inventory? When will you have to make that next payment to your wholesale supplier, and isn’t your credit card payment coming due? If the answers to these questions don’t just roll off […]

“There will be obstacles, there will be doubters, there will be mistakes. But with hard work, there are no limits.” —Michael Phelps Hang in There! By now, pretty much everyone is familiar with the motivational kitten poster from the 70’s. The original black and white picture, taken by photographer Victor Baldwin in 1971, shows his […]

Guest Post by Cyndi Thomason of bookskeep This past week I had the opportunity to visit with 30 hard-working ecommerce sellers at an Amazon Seller Retreat. I had a blast reviewing their accounting books and giving them suggestions. One question that came up several times was “Do I need InventoryLab and Quickbooks or Xero?” It’s […]