It's the new year, and the time that people make budgets. In this two-minute tip, I'm going to save you time and headaches by telling you the five reasons why budgets fail -- and what you should do instead. https://www.instagram.com/tv/CJ6YvCHn0OS/ Why Budgets Fail Small Business Owners The first reason budgets … Read More
I want to reframe what the word profit means. Profit means stability, impact, sustainability for your small business. It is the oxygen you need to keep going. No business should be running on a profit of less than 5%, and 20% is a much healthier number. This is … Read More
Why does using Profit First set you up for success in a way that no other system can? Because it doesn't just tell you "pay yourself first;" it shows you exactly how to do that. Most small business owners don't realize that the first question to ask … Read More
In this edition of our Bookkeeping Basics series, we'll cover the basics of business operating costs, including what counts and how to manage operating costs in the Profit First accounting method we advocate here at Moxie. (Find out more about Profit First.) What is overhead? Your overhead is any … Read More
2020 was a wild ride, right? The election is over and I'm pretty excited about the outcome. I'd particularly like to extend congratulations to Kamala Harris on being the first female and first woman of color Vice President. We're all doing a little bit of celebrating here … Read More
This is a very unique episode, as it it was recorded LIVE at the Accounting and Finance Show Virtual Conference. Michael Palmer, host of The Successful Bookkeeper Podcast interviewed Co-Founder and Managing Director of Profit First Professionals, Ron Saharyan and Ean Murphy who is the owner of … Read More
Ean was recently featured on the Shitty Idea Time Podcast with Tess Lorraine, founder of the Heart-Driven Business Academy. During this episode, Tess and Ean discuss self-defense, traveling and of course, bookkeeping. https://www.youtube.com/watch?v=jXv5kcH_lP4&feature=emb_logo Here are some of the topics that she touched on: How she began her career as … Read More
Ean was recently featured on the Gold Mine Podcast to discuss the common roadblocks and misconceptions surrounding bookkeeping, mindset, and concrete action. https://www.youtube.com/watch?v=BiJuLmqBONs&feature=youtu.be Here are some of the topics that she touched on: How she implemented the Profit First Method into her businessHow to better understand your money as … Read More
No matter which way you slice it, 2020 was a challenge for most of us -- and for some of us, it was a BIG challenge. A lot of small businesses went poof this year, and many more are struggling. With the holiday season coming up, this is … Read More
Congratulations! You've gone viral. Or maybe you've been featured in a major publication, or just landed your very first major client. Either way, the next few months are looking really, really busy -- maybe a little too busy. You're not sure how you're going to get everything … Read More