The Blog

You can either train your Newtown Square, PA employees and risk that they leave … or choose not to train them and risk that they stay. Think about that for a moment. Are you empowering your employees for growth? Does your leadership team (which might be just you) brainstorm ways to assist your employees’ education, certification achievement and overall professional … Read More

You might have heard the term “profit first accounting” buzzing around Newtown Square, PA business circles as of late. The philosophy was made popular by Mike Michalowicz and his book, Profit First. His theories have blossomed into reality for many business owners. Today, I thought I’d cover some of the core principles that might spark new accounting ideas for the … Read More

Sometimes that thing that “everyone” is saying (especially online) just turns out to be … not true. Facebook, Twitter and even Instagram are chock full of theories, analysis, pitches and argumentation, and so much of it is simply noise. And you know what social media is also overflowing with? Cat videos. Look — who doesn’t love cat videos?? But the … Read More

I get a lot of replies and personal comments about the emails that I send out, both to our business owners (like you), and to our family/individual clients. So I thought I’d offer my quick thoughts to you as to why I do this, and open our kimono a little. I’m certainly not a marketing expert, but I’ve discovered something … Read More

How many times have you started work early — and the next thing you knew it was 4PM … and your instant reaction was: I haven’t made any progress today on my most important stuff ? If you’re like the rest of us: quite a few times — and maybe “most of the time”. That’s because the least-optimized asset on … Read More

When many people start a business, they do so using their own resources and funds. And there can be great wisdom to this … retaining control, a more lucrative exit, etc. But it also puts your own personal resources on the line, and there are greater risks, as well as possibly a slower build to success and financial stability for … Read More

Now that 2018 extended returns for businesses are truly put to bed now, we can turn our gimlet eye on 2019. And one thing that might be worth discussing is your operating entity. A quick rundown on business structures is never bad, ESPECIALLY when tax laws change and affect Newtown Square, PA business owners’ personal tax situations so dramatically. The … Read More

I don’t know about you, but my Facebook newsfeed is FILLED with so-called experts slinging around big revenue numbers in their business to grab my attention, and get me to sign up for their stuff. But, see … I’m an accountant. And I know the truth: Revenue means nothing unless there is profit attached. And there are two parts to … Read More

I have seen plenty of Newtown Square, PA businesses get into hot water because they were using the wrong method to track their cash. Yep, today, let’s talk accounting. 🙂 Specifically, whether your business should operate as CASH or operate as ACCRUAL. Cash is a great option to start. It’s simple. But you can get into hot water, come tax … Read More

There was some large-ish news last week about some of the top corporate leaders in the world, and a new focus from influential CEOs (including from Walmart, Apple, Pepsi, and others) that “they must also invest in their employees, protect the environment and deal fairly and ethically with their suppliers”. Instead of ONLY focusing on shareholder value, these leaders are … Read More