6 Reasons why you should raise your prices
There comes a time for every small business to raise their prices. While it may seem scary, remember that it’s your job to keep prices fair, both for you and…
6 Reasons why you should raise your prices
Billing by the hour versus fixed rate packages
Knowing how to price your services can be a real struggle. As a result of that, billing by the hour versus fixed rate packages is a very common conversation we…
Lessons from three pricing stories
There’s a million different stories around pricing. So we thought we’d share a few to get you thinking about pricing a little differently. Here are just a few lessons from…
Signs you’re underpricing in your small business
When it comes to the overall success of your business, one of the most important decisions you’ll face is how to price for the work you do. Charge too much…
Do you know your break-even point
All business owners need to be aware of their break-even point — that is, the number of units they need to sell in order to cover their operating costs. Once…
Profitable business but no money in the bank
Some small business owners find themselves in the difficult position of running a business that appears to be profitable but have no money in the bank. It’s an important situation…
5 ways to create a healthy cash flow
A healthy cash flow is important to ensure the smooth running of your business. However, in times of crisis such as the COVID-19 pandemic, this becomes more than important. Managing…
How a virtual CFO can help your business
Every business can benefit from building a financial team that includes an accountant, bookkeeper and virtual CFO, but very few small businesses have the means to do this from the…
Differences between gross and net profit
Gross profit and net profit are two of the most important metrics for measuring your capacity to generate earnings relative to costs and expenses. So if you are wondering if…
2 Great benefits of money mindfulness
Money mindfulness is often not front of mind for small business owners. Money comes into the business and goes out in a continual cycle. Which is often just a by…