10 Common Mistakes with Startup Financial Projections

I was glad to be asked about common mistakes with financial projections. I read about 100 business plans a year for angel investment and business plan competitions. Most show unrealistic profitability. More people doing business plans should realize that most startups are unprofitable at the beginning; and that high growth correlates with losses, not profits.…

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What Is Google’s Mobile First Index?

Google’s mobile first index was launched in 2015 and the full roll-out started at the beginning of 2018. Now Google indexes the mobile version of websites before the desktop version. If there is no mobile version the desktop index still comes into play; that’s why it is known as the ‘Mobile First Index’. How the…

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Thanks for Training Me Not to Answer My Phone!

I’ve stopped answering my phone—whether it’s my office, mobile, or home phone, I’ve stopped answering it unless: I recognize the phone number and it’s someone I know. I recognize the caller ID and it’s someone I’m willing to talk with—either someone I know or a company/person that I’m willing to talk with. If for some…

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5 Tips for Small Business Startups

Quick Books Community for Self-Employed is a fun place for me to hang out and to hear everyone’s stories. What a great crowd. If you’re running a small business or thinking about it, you should join the conversation. There’s no cost. Recently, I answered the questions Gina Bianchini asked the community, “What One Thing Did…

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The New FCA Policy That Could Help You and Your Business

The False Claims Act has long been used to fight unscrupulous business entities that conducted fraudulent business at the expense (or financial disadvantage) of the government. This law was initially passed during the Civil War in order to counteract the scenario where business entities were supplying the Union army with substandard goods versus the goods…

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Want to Stop Trading Time for Money? Avoid This #1 Mistake!

“Stop trading time for money.” Thanks to the Tim Ferrisses of the world, that has become the rallying cry of people who are stuck in a job they don’t like and who want to create the freedom to quit and do something different. They say it with pride, confident they are making the smart, strategic…

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Have You Made the Mistake of Hiring Too Soon?

Well, you may not be alone. Many executives and managers have made the mistake of using the financial and sales forecast to plan and execute hiring of new employees—so that they could be trained and up to speed when the demand arrives. The balance between preparedness and cost Although hiring early does add to overhead…

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