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
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
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
If you're running a business, you probably like profit. Who doesn't? Profit keeps the lights on and pays the bills. But saying the words "Profit First accounting" can seem both a little greedy -- think Scrooge McDuck -- and a little obvious. Don't most businesses inherently put … Read More
A milestone birthday is coming up soon: I’ll be 50 on August 3. It’s a half-life milestone, hopefully, because I wouldn’t be the first person in my family to live to 100. My grandmother made it to 102. Though we can never know what the future holds for … Read More
Are you old enough to remember people using envelopes for money they wanted to set aside — one envelope with dollars allocated for groceries, another with funds for a trip to the movie theater? If you don't remember this quaint way of earmarking money for special, … Read More
The first of the year is often filled with high hopes and new plans for the small business owners we work with. They vow that their shiny new day-planner or new organization app will keep them on track, hitting every business deadline. And then here comes the … Read More
I've got a secret. A concern. Good news that can't be made public. It's about my business. And I've got to share it with someone ... and soon. Running a small business gives you a lot to think about 24/7. Sometimes it's easy enough to corral those thoughts … Read More