By: Ruth King Despite my warnings, one of my clients had to get to $2 million in revenues…no matter what. He had it in his head that he had to have a company that was generating at least $2 million a year. The reason? He couldn’t give me one. This was not good. My…
Tag: revenue
5 Things a Small Business Owner Should Know Before Scaling
The Price of Business Digital Network has a new series of outstanding commentaries from thought leaders. This is one in that series. When scaling a growing business, most business owners underestimate the precision it takes to coordinate among vendors, suppliers, and internal resources to expand their operations seamlessly. Alexis Nicole White provides entrepreneurs with five key tips…
How to Reconcile P&L and Balance Sheet Cash Issues
By Ruth King. I received this question from a client: Lets say you have a loan you are repaying. $10,000 total – $9,000 to principal and $1,000 to interest. The only thing that shows on your P&L is the interest. The principal is reduced on the balance sheet. But if you managing the…
6 Critical Questions To Begin your 2019 Plan
By the Price of Business Show, Hosted by Kevin Price. The Price of Business is a media partner of this site. Traditionally at this time of year I write about planning – and how simple it can be. So, I’m being the Grinch – reminding you that there will be no Christmas if you don’t plan and…
Rosy Economic Picture Hampered by Massive Deficit
The Concord Coalition today warned that the rapidly rising federal budget deficit — totaling nearly $779 billion in Fiscal Year 2018 — reflects a structural gap between spending and revenues that is largely ignored in Washington even as it grows worse. The Treasury Department this afternoon released the figure, which is $113 billion higher than…