Math is Hard. Small Business Income Management Isn’t.

As small business owners, we hear so much about cutting, slashing, “do more with less” business expenses. Whether we’re in growth mode or operational mode, it’s always in our interest to be lean. While I’m all for trimming wasteful spending, negotiating for better vendor contracts, optimizing payroll, and other forms of spend management optimization, there […]

Collection Call Script Template: Prepare Yourself to Get Paid

When you have a customer who hasn’t paid you, one of the most effective things you can do is get on the phone and call them. Although calls are certainly more intrusive than letters, they are much more direct and can help you get closer to your goal. Letters are easy to push to the […]

Invoicing 101: Invoice Management for Small Business

The best small business owners are always thinking about how to deliver more value to the customer. They are rarely thinking about how to actually collect money from the customer. This is especially true when you’re just starting out, but even as you develop an operational plan and a rhythm for customer transactions, invoice management […]

7 Time Management Tips for Small Business Owners

If you’re like most small business owners, you work nonstop—but it’s difficult to get through your to-do list. One minute you’re working directly with a customer. The next minute you you’re tackling a spreadsheet. Then immediately after that, you’re negotiating rates with a vendor. Short of adding 12 hours to each day, how can you […]

Small Business Financial Management Checklist

Congratulations, you’ve kicked off another fiscal year. Or depending on when you’re reading this, “uh-oh, time to get a grip on our business finances before year end.” Whatever the case, it’s never the wrong time to reset and establish some financial management practices to assist with better cash flow, more consistent revenue, and more effective […]