Natalie Linstruth

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About Natalie Linstruth

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So far Natalie Linstruth has created 17 blog entries.

Document Retention Guidelines

By |2018-10-31T17:41:37+00:00October 24th, 2018|Categories: Business Wise|Tags: , , , , , |

It is hard to believe that we will soon be saying “goodbye” to the Year 2018!  With the closing of the year usually comes the time to think about purging items in order to make room for new things.  There are guidelines to take into consideration before you begin to just throw items away. Businesses are [...]

Benefits of Proper Inventory Management

By |2018-07-25T20:35:19+00:00July 25th, 2018|Categories: Business Wise|Tags: , , , , |

For some businesses, inventory can be one of their largest assets and/or their largest expense.  Poor inventory management can make or break a bottom line.  Below are some benefits of proper inventory management: Improves cash flow: Purchasing inventory decreases cash.  When inventory sits on the shelf too long it is basically cash not working for you.  [...]

Garbage In, Garbage Out

By |2018-04-26T14:04:06+00:00April 25th, 2018|Categories: Business Wise|Tags: , , , , , |

The concept of garbage in, garbage out is used in computer science when flawed, or nonsense input produces nonsense output or “garbage”.  I use this phrase a lot when I am working with clients on analyzing and improving accounting procedures.  If you do not have the proper procedures in place you will not get the data [...]

Cash Is King!!

By |2018-02-22T21:20:07+00:00February 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 [...]

What is a Statement of Cash Flows?

By |2017-12-28T18:55:32+00:00December 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 [...]

Let It Go!! Time to Delegate

By |2017-10-25T19:06:33+00:00October 25th, 2017|Categories: Business Wise|Tags: , , , , |

I work with a lot of small business owners whose ultimate goal is to work less and make more money.  These same business owners are also involved in a lot of the day to day operations of the business.  How can someone work less when they are so involved?  The answer is easy…delegation! Delegation is defined [...]

Remedies for Anxiety Surrounding Your Business

By |2017-08-30T15:18:53+00:00August 30th, 2017|Categories: Business Wise|Tags: , , , , , |

“Anxiety is caused by a lack of control, organization, preparation & action.” - David Kekich The above quote was posted to Mackey Advisors Facebook page recently.  As I read this, I was surprised as to how much it hit home with me.  When anxiety takes over I tend to be counterproductive.  I have been working with [...]

Ready, Set, GROW!

By |2017-06-28T15:13:28+00:00June 28th, 2017|Categories: Business Wise|Tags: , , , , , |

Everyone wants to grow their business to its highest potential, but the thought of putting more energy into it might appear to be exhausting.  What if I told you that there are ways to grow while using less energy?  Sounds appealing, right?  Below are three strategies to leverage your business and to grow your top line: [...]

The Power of a Business Intention

By |2017-06-14T17:22:27+00:00April 27th, 2017|Categories: Business Wise|Tags: , , , , |

Merriam-Webster defines intention as a determination to act in a certain way.  Intention is what motivates us to do what we do every day.  You may be conscious of your intentions or it may simply be programmed in your way of doing.  Either way, it is connected to your why – why you wake up in the [...]

Let’s Get Results!

By |2017-05-24T14:14:53+00:00February 22nd, 2017|Categories: Business Wise|Tags: , , , , , , |

We all want to see results from the efforts we put forth.  We want to know if all the saving we have done over the years has made our bank account larger, or if the healthy lifestyle we have been living is making our clothes fit better and our energy level increase.  As business owners, we [...]