Your accounting is like the back of the truck, or your top desk drawer. It can get messy. It takes discipline to get things cleaned up and keep them that way. And discipline makes all the difference to your success. So, let’s get the financials tight and right by year end 2014. Here are 3 […]
I call it the “B Word” because so many people are resistant to the word BUDGETING. Nobody wants to Budget, right? Budgeting is all about deprivation and doing without. It’s like…gulp…dieting.
Budgeting doesn’t have to be a soul-sucking, frustrating experience. The way I teach it is fun, easy and powerful. From Main Street to Wall Street, simple budgeting is a great way to create goals and achieve them. You create a workable selling price as a bonus. Neat!
Budgeting focuses on spending. You don’t want to be wasteful or thoughtless when it comes to expenses. Little things add up. […]
“What’s the point of setting financial goals? I have no idea what will happen each day for sales. Unexpected expenses crop up all the time, too. If it’s just a ‘guess,’ then why bother?”
That’s what one of my clients just shared with me. I appreciate his candor and his frustration. However, if you want tomorrow to be better than today, it starts with intention and imagination. So, set financial goals…no matter how awkward it is. As you clarify your intention and take aligned action, you will make those dreams come to pass. It’s OK if it takes a little longer and costs a little more than you hoped.
Here’s more help! I put together 5 Tips for Financial Goal Setting. Enjoy! […]
Year end is a great time to consider the year to come. Review the wins and losses and vow to make 2014 even better. Update your Budget. Consider what costs are going up. Health insurance? Yep. Retirement benefits? You aren’t getting any younger. New trucks? Hey, it’s time. Then, create a top line Sales Goal that will cover your guesstimated costs and deliver your desired amount of profits. Business 101.
Now, consider what that will do to your Selling Prices. Or, put another way, consider what you will have to sell each hour or widget for to hit that Sales Goal. Time to raise prices? Yep. Prices go up…year after year. The truck you just bought […]
Anthony and Rose joined me and Shauna (aka Sha-nomenal!) and the Phenomenal Team at Howard Partridge’s Inner Circle program in Houston. There, we hosted the FUNomenal Financial Blast. Owners from 21 companies cleaned up their financials, crunched budgeting numbers, determined selling prices and explored the Financial Quick Check report. Super Nerdy Fun! And powerful […]