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Salt Lake City Bookkeeping Blog

How to Evaluate That Business Opportunity Like a Pro

Posted by Leanne Armstrong on Mar 7, 2018 9:00:00 AM

Aspiring business owners and established entrepreneurs alike can find it hard to resist the urge to explore new opportunities! But whether that means expanding your current line-up of products and services – or launching an entirely new venture – the key to success lies in evaluating each business opportunity with care.

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Topics: Strategic Planning, Growth Coach

Wealth Planning: How to Make Your Money Work as Hard as You Do

Posted by Leanne Armstrong on Oct 4, 2017 9:00:00 AM

Small business owners have a knack for starting out with a goal and doing whatever it takes to achieve it. But while many entrepreneurs are great at building businesses, some are less proficient at protecting the wealth they’ve created. Once your business has established a solid cash flow, you should be thinking about how to make your money work as hard for you, as you do for it.

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Topics: Entrepreneurship, Exit Planning, Strategic Planning

4 Reasons Why Goal Setting is Easier than You Think

Posted by Matt Roberge on Dec 7, 2016 9:00:00 AM

One of the very best reasons for setting goals, whether in business or in your personal life, may just be the fact that if you don’t know where you’re going, you could end up somewhere you don’t want to be. Mapping out your objectives not only keeps you on track for where you want to get to, it lets you tweak your direction as events and circumstances within your business change and evolve. Goal setting is a powerful process that can help entrepreneurs to navigate their way through brand new territory. And the very process of setting a goal often serves as a highly motivating force that can assist in defining exactly what it is you want to accomplish.

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Topics: Financial Forecasting, Strategic Planning, Growth Coach

Making Tough Choices in Ten Minutes or Less

Posted by Austin Walker on Jul 14, 2016 8:30:00 AM

As small business owners, we invest a lot of time and energy into making daily decisions. While some of those decisions, like debating which font to use on a business card, aren’t terribly consequential, others can have widespread ramifications and may involve anything from implementing budget cuts to investing in new products or services.

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Topics: Small Business, Strategic Planning

How to Sell Strategic Planning to a Skeptic (You)

Posted by Austin Walker on Jun 28, 2016 8:30:00 AM

Well-planned entrepreneurship almost qualifies as an oxymoron in the world of business. How do small business owners effectively harness big-picture creativity, and transform it into a small-picture format? All too often, it seems, the answer is they don’t.

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Topics: Small Business, Entrepreneurship, Strategic Planning

Starting a Business: Golden Nuggets Of Advice To Save Time And Money

Posted by Matt Roberge on Apr 28, 2016 8:30:00 AM

I was asked to give a presentation to a business class at The Salt Lake Community College recently. I was told that the students would be looking for advice that has helped me on my path to success. I gave a pretty raw and real presentation on what it is like to start your own business. 

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Topics: Scaling A Business, Strategic Planning, Growth Coach

Anyone Can Start A Business, But Only A Few Can Finish

Posted by Matt Roberge on Mar 29, 2016 8:30:00 AM

It's really easy to start a business, but it's hard to successfully finish one. Sounds pretty smart doesn't it? I wish I came up with it myself, but it really hit home for me when I read it. 

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Topics: Exit Planning, Strategic Planning

What Should Small Business CEOs Focus On?

Posted by Matt Roberge on Nov 19, 2015 7:00:00 AM

I'm not convinced that most small business owners know where CEOs should focus their attention. Small business owners tend to be very busy, but not always focusing on the right stuff. Everyone is busy being busy, but do they ever get anything done that actually matters? I try to teach small business owners how to focus on what really matters in a small business, rather than whatever happens to fall on their desk or make its way into their email inbox.  I wrote out a list of six things that I think a small business CEO should focus on and arranged them in a logical order. 

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Topics: Small Business Growth, Entrepreneurship, Scaling A Business, Strategic Planning, Growth Coach

Why Can't I Grow My Small Business?

Posted by Matt Roberge on Oct 13, 2015 7:00:00 AM

In the small business world, it is rare to find an owner who is satisfied; that is, one who doesn't want to grow anymore. Many small business owners eventually hit a roadblock to their growth and wonder to themselves, "Why can't I grow my small business any further?"

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Topics: Small Business Growth, Grow Your Business, Scaling A Business, Strategic Planning, Growth Coach

Growth Planning Always Leads Back To Sales And Marketing

Posted by Matt Roberge on Jun 25, 2015 7:30:00 AM

We have been doing a lot of growth planning for our small business lately. Planning growth in a small business is something that I'm passionate about, so I really enjoy the whole process. Our bookkeeping services are designed to help all of our clients businesses grow. Planning growth in a business doesn't come easy to everyone and they often have to hire an outside consultant to help. Below I'm going to take you through an incredibly over simplified growth planning process. This blog isn't meant to be a template for how to plan growth. Rather, I want to point out no matter how you plan the growth of your small business it all leads back to marketing and sales.

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Topics: Financial Reporting, Small Business Growth, Grow Your Business, Marketing Small Business, Strategic Planning