⏱️ 8 ᴍɪɴᴜᴛᴇ ʀᴇᴀᴅA great business at the wrong price is still a bad deal. Most first-time buyers jump from “I like this business” to “let’s make an offer” without answering what it’s worth or how the deal should be structured. Here’s the financial side of buying a small business.
⏱️ 7 ᴍɪɴᴜᴛᴇ ʀᴇᴀᴅYour P&L says you made $180,000 last quarter, but your bank account says you can barely cover payroll. The problem usually isn’t your bookkeeping. It’s how you’re reading the report. Here’s how to analyze a P&L so it catches problems early.
⏱️ 8 ᴍɪɴᴜᴛᴇ ʀᴇᴀᴅAdd up your costs, tack on a small markup, call it a price. That’s how most small business owners set prices, and it’s also why they work full time and still can’t get ahead. Here’s how to price for profit instead of just survival.
⏱️ 6 ᴍɪɴᴜᴛᴇ ʀᴇᴀᴅOne late payroll tax deposit can cost you up to 15% of that bill in IRS penalties, and that’s before interest. Here’s how to choose a payroll system that actually prevents the mistake instead of just running the numbers.
⏱️ 7 ᴍɪɴᴜᴛᴇ ʀᴇᴀᴅYour bank balance says $40,000. Payroll runs Friday, and your biggest customer still hasn’t paid. That gap between looking healthy on paper and having cash in hand is what working capital measures, and most owners don’t check the number until they’re already stuck in it.
⏱️ 4 ᴍɪɴᴜᴛᴇ ʀᴇᴀᴅMost people work toward age 65. Entrepreneurs often work toward “hopefully selling the business someday,” which isn’t a plan. Here’s how to build financial independence separate from your company, and the math behind knowing your real number.
