As a small business owner you need to be really frugal. Lack of or misuse of capital is one of the main reasons why companies fail . That said, priority number one should be to save money. While some ideas will save more money than others you need to understand that every little bit counts. If it saves money it’s … Read More
DFW Accountants: What Small Business Mistakes Can Teach Us
Just because you might be the best accountant, plumber, or chef in town doesn’t necessarily mean that you have all the skills you need to open a business. In fact, leadership itself is a skill – a set of behaviors that can be learned and improved upon. Since we can learn as much from mistakes as we can from successes, … Read More
Small Business Coach: Summer Reading List
The right words of advice can get you closer to a goal. They can also inspire you to be a better leader. Josh Linkner is the author of the best-selling “The Road to Reinvention,” which urges businesses to go beyond the status quo for success, as well as a relatively new book, “Hacking Innovation,” which explores how insights from computer hackers can … Read More
Business Management Consultant: Building From Ground Up
So, you’re ready to start a company. You have a great product or service you think people will really like, and you’re ready to get started. There’s just one question: Where do you start? Building a company from scratch is not easy, especially if you intend for that company to reach beyond “small business” status. As Guy Kawasaki, Alltop co-founder and entrepreneur, has … Read More
Small Business Consulting: Finding the Why
Surely you had an inspiration when you decided to start your business. Was it to provide a service or product better, faster or cheaper than what was currently available? Was it to fill a gap in the marketplace? Perhaps you were inspired to run a business that people enjoyed working for? Or maybe to have one that had environmentally and … Read More
Certified Public Accountant To Clients: Keep Your Brand Alive
Do you remember Blockbuster? At one time, the chain of 9,000 video-rental stores seemed to be everywhere. Families spent their Saturday or Friday evenings perusing the shelves for the latest releases or old classics. However, as the industry and world changed, and movie-renting habits evolved, Blockbuster failed to adapt, even at one time declining an offer to partner with an … Read More
DFW Business Advisor: Remember Your Purpose
In a recent Harvard commencement speech, Mark Zuckerberg explained how some big companies wanted to buy Facebook a couple years into his venture. Everyone around him told him to take the money and run. But Zuckerberg held onto his business a little longer. He felt it was destined for something better, but he was plagued by doubt. “That was my … Read More
Check-Up On Your Business’s Health
A body requires routine checks and examinations for its health. So does a business. No matter what stage your business is in, to keep it going you must check its systems, pay attention to any ailments and prevent early death. For the newborn business, the goals and system checks are pretty simple. Merely staying alive and maintaining your sanity is … Read More
Save Your Startup From Crashing Early
The failure rate of startup businesses is a common story. And many of these startups were founded on great business ideas. You might ask yourself why businesses built on brilliant ideas still fail. The answer is usually fairly simple. Having an idea for a business and having an idea about how to run a business are two entirely different things. The … Read More
Construction Business Grows With CPA Advice
Stephen runs a construction business specializing in large basements and car parks. The business has been established for 25 years and has grown steadily, with revenue now into eight figures. Unfortunately, the profit margins are very slim and last year, Stephen’s business barely broke even and he was unable to draw his usual dividend at the year end. His CPA … Read More