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Cash Is King!!

By | 2018-02-22T21:20:07+00:00 February 22nd, 2018|Categories: Business Wise|Tags: , , , , , , |

“Cash is King” is an expression that is widely used in analyzing businesses.  Why is it something that you, as a business owner, need to manage?  Well, without cash you could not do the things required to stay in business, for example, purchase inventory or pay your employees. A lot of business owners only concentrate on [...]

Change is Hard. 4 Ways to Make It Easier

By | 2018-02-21T15:07:31+00:00 February 20th, 2018|Categories: Business Wise|Tags: , , , , , |

My favorite W. Edwards Deming quote is “It is not necessary to change. Survival is not mandatory.” If you work in an entrepreneurial business like I do, then you know that change is a constant. Some changes are big, like adding a new service offering. Some are small, like leveraging an existing technology to streamline a [...]

It’s About More Than Taxes

By | 2018-01-24T18:30:44+00:00 January 24th, 2018|Categories: Business Wise|Tags: , , , , , , |

It is officially everyone’s favorite season of the year. No, I am not referring to one of the traditional four seasons; I am, of course, referring to tax season. It seems that every time tax season comes around, people tend to go into a frenzy. A slew of questions always arrive at this time. “How much [...]

Ask Mackey Episode 1 | 2018

By | 2018-01-10T18:39:10+00:00 January 9th, 2018|Categories: Business Wise|Tags: , , , , , , |

 The New Year is a natural time for reflection and goal setting.  Perhaps 2017 was so exciting you raised the bar on what you now believe is possible.  Or perhaps 2017 was filled with challenges and you are relieved it is over.  Regardless of your experience, the turning of the clock gives you a chance [...]

Ready to Kick A$$ in 2018? Here’s How in 3 Steps

By | 2018-01-05T19:39:35+00:00 January 4th, 2018|Categories: Business Wise|Tags: , , , , , |

The New Year is a natural time for reflection and goal setting.  Perhaps 2017 was so exciting you raised the bar on what you now believe is possible.  Or perhaps 2017 was filled with challenges and you are relieved it is over.  Regardless of your experience, the turning of the clock gives you a chance to [...]

What is a Statement of Cash Flows?

By | 2017-12-28T18:55:32+00:00 December 28th, 2017|Categories: Business Wise|Tags: , , , , , |

There are three financial statements that provide a picture of the financial health of your business: The Balance Sheet shows what the business has and what the business owes, along with its net worth The Income Statement is used to give a summary of the company’s revenue and expenses over a period of time The Statement [...]

Ask Mackey Episode 12 | 2017

By | 2017-12-28T16:37:40+00:00 December 14th, 2017|Categories: Business Wise|Tags: , , , , , |

Stop making new year’s resolutions.  Start expanding joy. One simple idea to make more of every year. New year’s resolutions are just a way to look back on your year and feel bad.  In our excitement you over-commit, and before long it is February and you feel terrible about all the things you did once, or [...]

Stop Making New Year’s Resolutions

By | 2017-12-28T16:02:09+00:00 December 7th, 2017|Categories: Business Wise|Tags: , , , , , |

Stop making new year’s resolutions.  Start expanding joy. One simple idea to make more of every year. New year’s resolutions are just a way to look back on your year and feel bad.  In our excitement you over-commit, and before long it is February and you feel terrible about all the things you did once, or [...]

What’s Holding You Back?

By | 2017-11-29T20:47:46+00:00 November 29th, 2017|Categories: Business Wise|Tags: , , , , , |

During a recent review of a prospective client’s results, he mentioned how disappointed he was in his outcomes.  Several years ago, he was on track to accomplish his goals, yet as we spoke, he wondered aloud if they were still attainable. He was working in the business every day and had just been assuming that his [...]

Ask Mackey Episode 11 | 2017

By | 2017-11-08T17:09:41+00:00 November 8th, 2017|Categories: Business Wise|Tags: , , , , , |

Your business is your largest asset. It has the single most impact on: How you live How you retire How much fun you can afford What kind of home you live in How you educate your children What kind of medical care you receive In other words, it is a pretty big deal. Are you treating [...]