by Kemberli Stephenson | Entrepreneurship, Finance, General, Money
Twenty-five years ago the barriers to entry into business were much higher than they are today. If you didn’t have access to upfront capital, a formal business plan with 5 – 10 year pro-forma financials, and excellent credit, the likelihood that you’d be able...
by Kemberli Stephenson | Accounting/Bookkeeping, Entrepreneurship, Finance, General, Profit
I was tempted to title this post “Cash Really is Queen.” It’s an obvious play on the old business adage “Cash is King”, but by and large my client base is filled with women entrepreneurs and I prefer to honor my audience. But...
by Kemberli Stephenson | Accounting/Bookkeeping, Budget, Entrepreneurship, Finance, Profit, Uncategorized
When it comes to creating a budget, it’s essential to estimate your spending as realistically as possible. Here are three budget-related mistakes commonly made by small businesses, and some tips for avoiding them. 1. Not Setting Goals It’s almost...
by Kemberli Stephenson | Entrepreneurship, Finance, General, Operations, Profit, Uncategorized
Have you been feeling like you’re on that proverbial hamster wheel? Sometimes, we can get so deep in the weeds and the day to day needs of our business that we can no longer see the forest for the trees. When this happens, we are unable to make the necessary...
by Kemberli Stephenson | Entrepreneurship, Finance, Profit
In business, there is a big difference between “planning” for the best and “hoping’ for the best. Many entrepreneurs make the common mistake of hoping their business will be profitable. They believe that having the right credentials and...
by Kemberli Stephenson | Accounting/Bookkeeping, Entrepreneurship, Finance, General, Profit
Starting a business comes with lots of decisions. One of the biggest is whether to outsource your accounting or to keep it in house. Our post on When to Outsource Your Accounting helps to answer that question, but now that you’ve decided to do so, just who should...
