Debt can be a double-edged sword in business. On the one hand, it helps you fund growth, invest in new ventures, and keep things running smoothly. On the other hand, if not managed properly, it can become a financial drain that weighs down your business. The key is finding that

Last week we talked all about the different aspects of Emotional intelligence (EI), an essential quality for effective leadership. It influences how you manage your own emotions, understand others, and navigate interpersonal relationships. If you’re looking to enhance your leadership skills, improving your emotional intelligence can make a significant difference.

When we think about great leaders, we often picture individuals with sharp strategic minds and impressive credentials. But here’s the secret ingredient that often gets overlooked: emotional intelligence (EI). It’s not just a fancy term but a crucial aspect of effective leadership. So, what exactly is emotional intelligence, and how

As a small business owner, it’s sometimes hard to know whether or not your business is on a good path. We hear all the acronyms and feel dumb for not knowing what they mean, let alone how they apply to your own numbers. But knowing a few key financial metrics

Setting Boundaries: The Art of Balancing Realism with Responsibility Last week we talked about how work-life balance is a myth, but that may have been an overexaggeration. I do believe in work-life balance, but I believe in a different definition of it. It’s not about every day being a perfect

We hear it all. The. Time. Every article we read, every conference we attend. “Strive for work-life balance,” they all say. Sometimes they tell stories about how their children’s babysitters spent more time with their kids than they did; that one day they realized it and decided to “change everything”

Last week we talked about why it’s so important to reconcile your business bank and credit card accounts, now let’s dive into some best practices to make sure it actually gets done. Set a regular schedule for reconciliation. Whether it’s daily, weekly, or monthly depends on your business size and

If you’re a subscriber to this blog, you probably already know that managing your finances is crucial for running a successful business. But have you ever found yourself scratching your head, wondering where a certain expense came from, or why your bank balance doesn’t match your records? That’s where regular

As much as we all want to get bookkeeping off our plates, let’s face it, running a business is expensive, and sometimes hiring a bookkeeper just isn’t in the budget. But don’t worry, managing your finances on your own is totally doable with a bit of organization and the right