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Every business needs to sit down with an unbiased third party who will ask questions, provoke thought and create new profit centers via efficiency.
Being a bookkeeper is not for the faint of heart. It comes with a great deal of responsibility and meticulous attention-to-detail. Charged with the task of recording financial transactions, us bookkeepers have seen it all. And while numbers may seem boring to many (we know we are a unique pair at Two Sense Consulting),…
Owning your own business is the heart of the American dream. Entrepreneurs not only provide inspiring solutions and products, but they fuel our nation’s economy. According to the US Small Business Administration, more than 50% of Americans either work for or own a small business. Unfortunately, 22% of new businesses fail after just one year…
Top Time-Saving Organization Tips that Actually Help your Business Finances When it comes to a business’ success, one of the most important aspects an owner must take seriously is its finances. Having a steady income does not mean a business will stay afloat. In fact, the mismanagement of funds could send any, otherwise profitable,…
Profit does not Equal Positive Cashflow It’s an odd statement, but it is a fact – profit does not equal positive cashflow. Profit is the result of a financial period (like a month) when your incoming revenue exceeds the applicable expenses. Cashflow is the way your income and expenses flow through your bank account. There…
When it comes to time, we must be very intentional with how it is spent. Here is how to balance home, work, life and being a business owner.