by Jim | Mar 30, 2017 | Managing
One of the most common problems for self-employed people is achieving or maintaining a good work/life balance. I recently had a client who was finding that he was overwhelmed by the amount of work that had to be done and was seriously considering pulling back from the... 
by Jim | Mar 10, 2017 | Managing
Do you know much it costs you to open your doors in the morning? Thats the easiest way to predict your business costs. There is a friend of mine, a retired banker who describes business owners in control of their business as ‘they know exactly how much it costs them... 
by Jim | Dec 16, 2016 | Managing
In one of my recent blog posts, I mentioned the need for a business to create an annual budget. One of my readers contacted me, saying “I don’t really know why I’d need a budget if I’m already doing the basic bookkeeping”. So, in this post, I’m going... 
by Jim | Nov 18, 2016 | Managing
Understanding the nuts and bolts of your accounting really does give you an advantage as a business owner. As we outlined in our last blog post, breaking down your transactions into inputs and outputs (and thinking like a process-driven engineer) is the first step in... 
by Jim | Nov 11, 2016 | Managing
Understanding the nuts and bolts of accounting: an engineering perspective I was a latecomer to accounting. I first completed a degree in engineering and only moved to accounting after that. Almost everyone who heard what I was doing told me how difficult I would...