Financial
Doing Things The Easy Way
As a small business owner, you may feel like you need to do it all. You are chef and chief bottle washer, the CEO – Chief Everything Officer, and the person who must make all the decisions about where the company is going and how to get it there. Wow, that’s a lot of hats…
Read MoreYou Are Your Business
By Sherry Lutz Herrington Owning your own business means you are your business, and it is you. At the same time. No matter how hard you try, you cannot separate your life from your business. It is your life. Sometimes that means taking phone calls during your child’s soccer game or answering emails from the…
Read MoreStay In Your Lane
When people ask me what my niche is I have a hard time answering. In a way, I don’t believe niching is necessary. In another way, I get it. I think what the issue is for me is the way niche is defined. Generally, when people ask about my niche, they mean an industry. I…
Read MoreBest Boss Ever
When I have the chance to talk to my clients about their company culture, we often talk about what kind of a boss they want to be. In a client meeting recently, with my Team Captain present, I said: “I try to be the kind of boss I would want to work for.” She stopped…
Read MoreFinancial Empowerment
California is now requiring all small businesses with 5 or more employees to offer their employees some kind of retirement plan. If the business doesn’t want to provide one, then the state has a new plan call CalSavers* that they will automatically enroll your employees in. I won’t deep dive into the plan (as I’m…
Read MoreRemember Your Dreams
All entrepreneurs are dreamers. All businesses start with a dream. Have you lost touch with yours? After many years in business, it is easy to have lost touch with why you started your business. Maybe it’s time to revisit that dream. Having a driving force that helps you keep going when things get tough is…
Read MoreKick to the Finish
By Sherry Lutz Herrington I ran cross country in high school, and like most things in high school you don’t really imagine it will be of any use later in life. However, I’ve found some of my most important life lessons have come from my high school experiences. In cross country you race for several…
Read MoreThe Tipping Point
By Sherry Lutz Herrington Whether you are just starting a business or you’ve been running yours for a while, it’s critical to understand how your business is doing financially at any given point. Having solid business accounting will help you accomplish this and keep you on track. It will also give you other critical information.…
Read MoreStatistically Speaking
I read an interesting article recently in the CPA Practice Advisor and felt compelled to address some of the frightening statistics quoted. I keep saying, where have all these people who have resigned during the great resignation gone? How are they making a living? As I suspected, they are opening their own businesses. “During 2021,…
Read MoreSystems Failures
By Sherry Lutz Herrington Every business needs systems as well as procedures. The procedures are the “how-tos”: the step-by-step guide on how to get anything done. But the systems are the “what.” They are the programs and apps you use to keep track of everything you are doing. There are many different systems and every…
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