How to Deal with Hagglers on Pricing
Establishing (and revising) your pricing structure as a business owner can be an agonizing process. Chances are good you’re already not charging enough for your services, so when you find yourself up against a haggler, it’s hard not to feel a mix of annoyance and …
Are You Charging Enough for Your Services?
Short answer: probably not. Establishing your pricing structure can be an agonizing process for business owners. Finding that sweet spot between not undercharging and not overcharging for your services requires both a calculation of finances and finesse. Here’s what we mean by that. We typically …
Bookkeeping 101 For a Small Business
To cut right to the chase – don’t do it yourself. Hire someone. And yes, you should hire this person right away. This is a detail-oriented task that is so easy to screw up when you have thousands of other things going on. And until …
Zen and the Art of Setting Prices
Whenever a new business starts, odds are they are going to mess up their pricing. Whether they are so high that they never get a sale, or too low and so they never get a sale because they’re so cheap, most everyone gets this wrong …
Tips for Managing Small Business Finances Part 4: Spread Out Invoicing
Developing smart financial habits for your business is one of the best gifts you can give yourself, and it’s never too late to refine them. As you continue to grow your business, managing your finances will be an essential component to your success so it …
Tips for Managing Small Business Finances Part 3: Don’t Fear Debt
Growing your business means making smart financial decisions. And basic accounting 101 will tell us that taking on new debt is not necessarily a smart financial move. We’ve certainly all heard stories of companies getting too far into the red and not being able to …
Tips for Managing Small Business Finances Part 2: Invest in Growth
Love it or loathe it, managing your small business finances is an essential responsibility of any small business owner. And doing so successfully is key to sustaining and growing your business operation. We’ll be the first to admit that it can be easy – and …
Tips for Managing Small Business Finances Part 1: Pay Yourself
Small Businesses come into being for a myriad of reasons – a passion for bookkeeping is not a common one. Still, the byproduct of such a business pursuit means they will also be left dealing with things like managing their small business finances, hiring team …
Planning For Your Financial Future as a Small Business Owner
As a small business owner, you have a lot on your plate. Financial planning can be the last thing you want to think about – although it is one of the most crucial elements in your business’s success. Not only does it provide you with an entire …
