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My most recent triathlon was not finished by one spectacular training session. It was built through repeatable preparation: checking the plan, completing the session in front, reviewing what worked and making small adjustments before the next one. The same principle applies to small-business bookkeeping. For many business owners, bookkeeping is the task that gets pushed to the end of the week—or the end of the month, quarter or year. It can feel like a necessary interruption

Most small business owners don't fail because they're unprofitable on paper. They fail because they ran out of cash on a Tuesday and didn't see it coming until Monday night. The habit I'm about to describe is not clever. It is not proprietary. It takes about twenty minutes a week and uses a tool you already own. Profit is an opinion, cash is a fact Profit depends on when you decided to recognize a sale, how you chose to depreciate a laptop, whether that big invoice you sent i

Having an accountant can seem like an unnecessary extra cost, but accountants can be essential to business success, and ensuring you...

We dwell upon an island that's what. During my sea service, we were rightly challenged by our superiors; on almost every topic, briefing,...