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I'm Ellen Rohr, president of Bare Bones Biz. I teach the business basics. The things that make all the difference to your business success. I've helped thousands of biz builders start, fix and grow their companies. Follow me on Facebook, Twitter or Google+I'm a columnist for PHC News and contributor to many business journals and trade magazines. I provide "in the trenches" insight that business owners can relate to. More...
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Category Archives: Making Money
4 Ways It Pays To Accept Credit Cards
Me, “I’d like to buy this thing.” You, “Oh, I’m sorry. We don’t take credit cards.” Me, “Why not?” You, “Well, the credit card company adds 3% to every purchase.” Me, “Dang.” Bottom line: If you don’t take a credit … Continue reading
How Much Should You Pay Yourself From Your Small Business?
What price would you put on the gift of life? Priceless? Beyond measure? No way to put that value in dollars? But we attach a price tag to ourselves every day. How much do you charge for an hour of … Continue reading
Posted in Budgeting, How Much Should I Charge, Making Money
Tagged hourly rate calculator, how much do i pay myself, how much should i pay myself, how much to pay yourself in a small business, how to calculate how much to pay yourself, how to pay yourself, pay yourself first, self employed pay, self employment
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How to Clean Up Your Payroll
I’ve spent a lot of time over the last 20 years helping people clean up financial messes. The messy mess (the smelly smell for Sponge Bob fans) is payroll. Payroll entries are complicated. There is the expense to you and the … Continue reading
7 Tips to Dig Out of Debt
Debt as a national challenge is connected to rampant, unchecked individual debt. I’m not lecturing, I’m just saying. Many households overspend. Many companies run at a loss, year after year. Debt is how you keep the balls in the air. … Continue reading
Even the Best Tools are Useless in Unskilled Hands
I started running when I was 13 years old and I’ve been running ever since. Not continuously, mind you. But every day or two I head out for a run. The key to longevity as an athlete is staying healthy. … Continue reading
Posted in Budgeting, Making Money, Running
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How Do I Win the Mega Millions?
Dear Ellen, Winning the lottery would be the answer to my money problems. Got any tips? Thanks, Feel N. Lucky Dear Ms. Lucky, Wow! It’s mind boggling to consider. The last Mega Millions jackpot was the largest in history. Three … Continue reading
Posted in Making Money, Snappy Answers
Tagged Human Interest, Lottery, Mega Millions
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Down with DEBT
I love helping people! One of the biggest challenges I encounter is the suffocating burden of debt. Money buys options. Debt eliminates options. Do you struggle under the mounting pressure of debt…personally and/or in your business? You are not alone. … Continue reading
Posted in Budgeting, Debt, Making Money
Tagged Bankruptcy, Business/Finance, Credit, David Huffman, Debt, Debt management counselor, Debt settlement, Debt-snowball method, Economics, finance, Financial economics, George Clason, Government debt, Insolvency law, Interest, John Cummuta, Personal finance, Saturday Night Live, United States public debt, website offering debt consolidation services
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Katherine to Warren: I need financial help.
Once upon a time, Business Mogul Warren Buffett bought the Washington Post newspaper. The previous owner and publisher at the time was Katharine Graham. Her father built the paper and transitioned it to Phil Graham, Katharine’s husband. Katherine took on … Continue reading
Posted in Accounting, Business Planning, Making Money, Women in Business
Tagged Asset, Balance sheet, Book value, Business/Finance, Debt, finance, Generally Accepted Accounting Principles, Katharine Graham, Liability, Ownership equity, the Washington Post, The Washington Post Company, Warren Buffet
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