Do you know how to be financially proactive rather than reactive in your business?
Do you know how to be financially proactive rather than reactive in your business?
For founders of professional service businesses, especially those leading small yet ambitious teams, embracing proactive financial management is crucial. Here's a deeper dive into how you can shift from merely reacting to financial surprises to anticipating and preparing for your future needs:
What is the Pie Theory in Business? 🥧
What is the Pie Theory in Business? Ever caught yourself up at 2 AM, pondering if your business can really afford that new star employee or subcontractor it so urgently needs? Or perhaps you're on your third cup of coffee, awaiting vital financial insights from your CFO or CPA that seem to be forever in coming. If these scenarios hit close to home, you might be facing just the tip of the financial iceberg.
What Does Your Software Stack Have to Do with Your Profitability?
What Does Your Software Stack Have to Do with Your Profitability?
As an experienced accountant leading Verte Consulting, you might wonder why I'm engaging with multimillion-dollar enterprises about their software ecosystem. The heart of my discussion? The pivotal suite of applications shaping your business's backbone.
Tips for Existing and New WorkflowMax Users
Tips for Existing and New WorkflowMax Users
WorkflowMax by BlueRock saved WorkflowMax*! Huzzah! The completely updated app launched this month and it's been a whirlwind over there.
Verte Consulting has been implementing and supporting US-based WorkflowMax users since 2013. Here's some tips to help existing users - and new ones alike:
When do I need an accountant for my professional services business?
“When do I need an accountant for my professional services business?” This is one of the most commonly asked questions I get.
Deciding whether to outsource accounting, hire a CFO, or bring an accountant on board is a pivotal question many business owners face. The right choice can streamline your financial operations, ensuring you're not just surviving but thriving. Let's dive into the distinct roles of bookkeepers, CPAs/EAs, and CFOs which will help you decide when each is needed.
How to Create a Profitable Bootstrapped Business
“Bootstrapping” is when an entrepreneur starts a company with little capital, relying on money other than outside investments. A founder(s) is said to be “bootstrapping” when they attempt to found and build a company from personal finances, or the operating revenues of the new company.
I like to simplify this by saying, “Sell things for more than it costs you to create them (plus business expenses)”.
The Gender Wealth Gap is Devastating for Women, Here’s What You Need to Know
Many people have heard of the income gap between men and women, but the financial inequality between the genders goes even deeper, to something known as the wealth gap. While the income gap is stark, it pales in comparison to the wealth gap.
Key Mistakes Business Owners Make with their Accounting
I’ve been working with business owners since 2005 on their accounting. I’ve noticed some common mistakes over the years - read on to find out how to avoid doing these.
How To Make the 2022 Tax Season Easier
How To Make the 2022 Tax Season Easier. During tax filing time, a CPA’s sole function is to take your financials, use the numbers to fill out the appropriate tax forms and file it on your behalf. If you are guesstimating, then you might be overpaying or underpaying - you’ll never know.
What Acting Taught Me About Running A Business
I was a guest on a podcast earlier this week and was asked what acting taught me about running a business. While running an acting career is its own type of business – one of the big takeaways I got from it was learning how to love the minutia of the daily tasks.
What Does the Moon have to do with my Business Finances?
This week I'd like to chat about the new moon! 🌚 Yes I'm going to talk about the new moon AND finances!
Free Download - Business Plan Template
Free download - here’s your free business plan template!
How Do I Make Sure I’m Making a Profit with My Business?
This week I'd like to chat about making that profit y'all!
Unless you’re lucky enough to be Rent the Runway running at and IPOing at a loss (!) then you usually need to be profitable. In short, that means taking in more money than it costs to exist. We approach that rather pragmatically.
Finance Freebie Friday
Welcome to Finance Freebie Fridays where I provide a virtual open office hours for business CFO questions.I try to suggest a weekly topic to get the ball rolling but ask anything. This week I'd like to chat about Financial Wellness and Mindfulness.
Finance Freebie Friday
This week I'd like to chat about business bank accounts. Someone asked about this in another group that I'm in and I have a few thoughts, hope they help!
Finance Freebie Friday
I try to suggest a weekly topic to get the ball rolling but ask anything. This week I want to talk about the difference between various accounting roles.
Finance Freebie Friday
This week I'd like to chat about software stack. While not obvious as how that relates to your business finances - it does! The software stack is the combination of apps that you are using to run your business.
Finance Freebie Friday
This week I'd like to chat about when to actually start having your accounting done with your business.
Budgeting Tips for Digital Nomads
I delivered a keynote last week at Bansko Nomad Fest to quite a full auditorium. I nervously assumed 3 people would show up but it turns out this was a popular topic! Here’s my budgeting tips to apply personally as a digital nomad.
Business Owners - Are You Choosing the Right Apps? Apps as Tools
This is the 5th article in a series called “Business Owners - Are You Choosing the Right Apps?”
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April 2024
- Apr 17, 2024 Do you know how to be financially proactive rather than reactive in your business? Apr 17, 2024
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March 2024
- Mar 27, 2024 What is the Pie Theory in Business? 🥧 Mar 27, 2024
- Mar 24, 2024 What Does Your Software Stack Have to Do with Your Profitability? Mar 24, 2024
- Mar 24, 2024 Tips for Existing and New WorkflowMax Users Mar 24, 2024
- Mar 24, 2024 When do I need an accountant for my professional services business? Mar 24, 2024
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November 2022
- Nov 12, 2022 How to Create a Profitable Bootstrapped Business Nov 12, 2022
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September 2022
- Sep 22, 2022 The Gender Wealth Gap is Devastating for Women, Here’s What You Need to Know Sep 22, 2022
- Sep 22, 2022 Key Mistakes Business Owners Make with their Accounting Sep 22, 2022
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February 2022
- Feb 23, 2022 How To Make the 2022 Tax Season Easier Feb 23, 2022
- Feb 10, 2022 What Acting Taught Me About Running A Business Feb 10, 2022
- Feb 10, 2022 What Does the Moon have to do with my Business Finances? Feb 10, 2022
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January 2022
- Jan 3, 2022 Free Download - Business Plan Template Jan 3, 2022
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December 2021
- Dec 3, 2021 How Do I Make Sure I’m Making a Profit with My Business? Dec 3, 2021
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November 2021
- Nov 19, 2021 Finance Freebie Friday Nov 19, 2021
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October 2021
- Oct 29, 2021 Finance Freebie Friday Oct 29, 2021
- Oct 22, 2021 Finance Freebie Friday Oct 22, 2021
- Oct 22, 2021 Finance Freebie Friday Oct 22, 2021
- Oct 22, 2021 Finance Freebie Friday Oct 22, 2021
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July 2021
- Jul 12, 2021 Budgeting Tips for Digital Nomads Jul 12, 2021
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March 2020
- Mar 15, 2020 Business Owners - Are You Choosing the Right Apps? Apps as Tools Mar 15, 2020
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February 2020
- Feb 29, 2020 Business Owners - Are You Choosing the Right Apps? Processes Feb 29, 2020
- Feb 15, 2020 Business Owners - Are You Choosing the Right Apps? Skills Feb 15, 2020
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January 2020
- Jan 30, 2020 Business Owners - Are You Choosing the Right Apps? Your Mindset Jan 30, 2020
- Jan 15, 2020 Business Owners - Are You Choosing the Right Apps? Jan 15, 2020
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December 2019
- Dec 25, 2019 Creating Goals for the New Year Dec 25, 2019
- Dec 1, 2019 Women - 5 Reasons That Your $1M Business Needs to Outsource its Accounting Dec 1, 2019
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June 2019
- Jun 1, 2019 Business Consultants - Three Ways To Leverage Your Time Jun 1, 2019
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November 2018
- Nov 18, 2018 Glendale Tech Week 2018 Recap Nov 18, 2018
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October 2018
- Oct 1, 2018 Xero Will Automatically Create Bills for You Oct 1, 2018