by Virginia Elder | Apr 4, 2024 | Health
SUMMARY: Effectiveness focuses on achieving the right goals, while efficiency concentrates on optimizing processes. To maximize business success, strike a balance between doing the right things (effectiveness) and doing things right (efficiency) by prioritizing...
by Virginia Elder | Mar 20, 2024 | Health
SUMMARY: The Pomodoro Technique, developed by Francesco Cirillo in the 1980s, boosts productivity and mental health for small business owners by breaking work into 25-minute chunks with short breaks. It simplifies task management, enhances focus, and integrates with...
by Virginia Elder | Mar 19, 2024 | Money
SUMMARY: Overcome cash flow issues in your small business by implementing a cash flow calendar, adopting the profit first method, automating client payments with ACH, staggering client due dates, regularly reviewing and canceling unused expenses, consolidating...
by Virginia Elder | Mar 12, 2024 | Money
SUMMARY: The Profit First Method flips traditional accounting on its head, ensuring businesses prioritize profit from the get-go. This approach leads to enhanced financial control, reduced expenses, and supports sustainable growth. Are you struggling to keep your...
by Virginia Elder | Mar 10, 2024 | Money
To apply the profit first method, start by setting up your accounts and understanding your finances, then allocate income to ensure profit is prioritized. Monitor and adjust regularly to maintain financial health as your business grows. Feeling overwhelmed by the...