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Salt Lake City Bookkeeping Blog

Are You Guilty of Undervaluing Your Time?

Posted by Leanne Armstrong on Aug 29, 2018 9:00:00 AM

How much is your time really worth as an entrepreneur? Getting a business off the ground and growing it to the point where it becomes profitable takes a significant investment of hours. But you can’t realize anything close to a realistic return on that investment if you consistently undervalue your time.

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Topics: Small Business Owner, Growth Coach, non-billable time, Small Business Growth

Are You an Emotionally Intelligent Small Business Owner?

Posted by Leanne Armstrong on Aug 23, 2017 9:00:00 AM

The impact of emotional intelligence (EI) on the workplace was first brought to our collective attention when author and psychologist Daniel Goleman wrote about it in 1995. Goleman described EI as an aptitude for effectively recognizing, managing, and expressing our emotions - and for helping others to do the same.

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Topics: Small Business Owner, Grow Your Business, Small Business Consulting

WOTC: The Win-Win Opportunity for Your Small Business

Posted by Leanne Armstrong on Jul 6, 2017 9:00:00 AM

Small business owners are pretty generous people. Whether they’re sponsoring staff events, serving as mentors to budding entrepreneurs, or donating to local charities, many business owners regularly look for ways to give back to the community. The glow that comes from giving is often reward enough for such acts of compassion. But it’s always a bonus when you discover that paying it forward can sometimes mean being paid back.

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Topics: Tax Compliance, Tax Tips, Small Business Owner

Small Business Insurance: What Exactly Is It, and Do I Really Need It?

Posted by Leanne Armstrong on Dec 9, 2016 9:00:00 AM

Small business owners don’t always recognize that running a business of any type involves a certain amount of risk – even if the service you offer involves little more than a desk and a laptop. If you haven’t done so already, you should consider taking steps to protect both yourself and the enterprise you’ve worked so hard to create by investing in some form of small business insurance. With more than 100 million lawsuits being filed in US state courts every year, the cost of safeguarding your operations is a small price to pay for the peace of mind it will bring you.

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Topics: Small Business Insurance, Small Business, Small Business Owner

[Infographic] How to be an Integral Part of Budgeting and Forecasting

Posted by Austin Walker on Dec 2, 2015 8:07:06 AM

For some, it may be difficult to determine where you fit in with budgeting and forecasting for your small business.  Maybe you don't quite understand where exactly you fit in, or maybe the business doesn't even put together projections or a budget for the next fiscal year. 

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Topics: Small Business Owner, Small Business Management, Financial Forecasting, Business Budgeting, Entrepreneurship, forecasting

Why You Need To Let Others "In" To Your Small Business

Posted by Matt Roberge on Oct 6, 2015 7:00:00 AM

A lot of business owners are hesitant to let people "in" to their small business. What I mean is they want to keep certain details about their business as private information for authorized eyes only.

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Topics: Small Business Owner, Small Business Growth, Grow Your Business, Scaling A Business, Growth Coach

Small Business Owners - Why Are You Working Your Ass Off?

Posted by Matt Roberge on Sep 24, 2015 7:30:00 AM

Small business owners work their asses off to build a successful company. However, have you ever thought about why you are working your tail off?

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Topics: Small Business Owner, Small Business Growth, Scaling A Business, Business Goals, Team Building, Growth Coach

The Dangers Of Running A One-Person Business

Posted by Matt Roberge on Sep 10, 2015 7:30:00 AM

When most small businesses start, they usually have just one employee: the owner or founder. Some solopreneurs grow to the capacity of what they can handle on their own and are content. However, running a business as a solo operator comes with its share of risk. Here are my thoughts on the danger of running a one person business

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Topics: Small Business Owner, Small Business Growth, Grow Your Business, Scaling A Business

Handling An Unlimited Workload - Getting Stuff Done In A Small Business

Posted by Matt Roberge on Sep 3, 2015 7:30:00 AM

If you are a successful small business owner, you are most likely handling an unlimited workload. What I mean is that the to-do list for most small business owners is never ending. You check one thing off and add five more. But it is important to note that there is a huge difference between working and getting stuff done. Many small business owners just tackle whatever tasks are in front of them rather than focusing on what actually matters in business. If you are handling an unlimited workload, here is how to manage it and actually get stuff done. 

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Topics: Small Business Owner, Business Efficiency, Small Business Growth, Grow Your Business, CEO Advice

How Does The New Small Business Differ From The Old?

Posted by Matt Roberge on Jul 7, 2015 7:30:00 AM

There is no doubt that the "new" small business differs from the old way a small business operated in the past. The internet and new technologies have changed a lot of things for the small business owner. Some would say that these changes are for the better and others would argue the changes have made things worse. 

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Topics: Small Business Owner, Remote Work, Small Business Vacation, Self Employment