Blog
How often should you review your numbers?
“I Only Look at My Numbers at Tax Time…” (Let’s Fix That 😊) One of the things I hear from business owners is: “I only really look at my numbers during tax time.” And honestly? I get it. You’re busy. You’re running the business, taking care of customers, putting out fires, and trying to have […]
Bookkeeping Doesn’t Have to Be Hard: A Simple Xero Setup Guide for Beginners
A Beginner’s Guide to Xero (With Setup and Training If You Want It) I know a lot of small businesses are frustrated with their current bookkeeping program. Seasoned business owners included! My recommendation is to give Xero a try. It is quick to learn, intuitive to use even for beginners, and worth the migration […]
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Does Your Aviation Side Hustle Count as a Business? (Hint: If You’re Making Money, the IRS Thinks So!)
Is Your Aviation Side Hustle Costing You Money? How Women in Aviation Can Turn Passion Into Profit (and Cut Their Tax Bill) You know that thing you do on the side — the one that makes you just a little extra cash (and a whole lot of joy)? Maybe you teach in a taildragger on […]
Less Time in the Office, More Time in the Sky
Time-saving bookkeeping tips for flight instructors and examiners. […]
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Aviation Business Valuation: Know Your Worth and Grow It
By Karin at WingWise Solutions | Minden, NV […]
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You made money…So where the heck is it?
One of the most frustrating moments for many new business owners comes when they look at their net profit on paper—only to find their business bank account telling a different story. Where did the money go? If your profit and cash balance don’t match, don’t panic. Let’s break down why this happens and how you […]
3 Mistakes That Strangle Growing Businesses
Businesses want to grow and help a larger audience, but too many make mistakes that cripple their growth. Even worse, they keep repeating them! Don’t do the same; avoid the blunders outlined below. Hiring Toxic Personalities Businesses hire more staff as they grow. But if they expand too quickly, they will feel pressure to fill […]
5 Apps for Tracking Small Business Expenses
Did you know that 50% of small business expenses are generated on the go? It’s no wonder the majority of expense receipts end up shoved in coat pockets or an old shoebox. In spite of all of the high-tech options out there, 47% of small businesses are still using spreadsheets for expense management, leaving room […]
Tips to Keep Your Business Finances in Order
If you’re like most small business owners, you spend the majority of your time managing daily operations, keeping customers happy, and looking for new ways to grow. Spreadsheets, cash flow analysis, and financial projections are probably not your first passion. However, measuring profitability, creating realistic budgets, and planning ahead for the future are crucial to […]
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Update your business plan for a new year
As another year winds down, it’s a good time to reflect on your recent business successes – and consider what you’d like to achieve in the coming twelve to fifteen months. These tips can help you with the process of making plans to help guide your business to greater success. Set priorities Entrepreneurs are typically […]
How to manage small business inventory
When starting a small business, business owners often think about things like the storefront, branding, and displays. They think of smiling employees and happy customers. It’s not usually the image of the shelves and cupboards in the back stockroom that fill their heads. But inventory is a critical component of your business. Sales are made […]
Creating your business to-do list
When you’re an entrepreneur, your to-do list is often long and constantly growing longer. There are an overwhelming number of things you need to do, and it can feel like they’re all urgent. In such cases, it’s easy to push important tasks to the side and focus on less-vital activities, but that often means you […]
Growth hacks for your small business
Deciding on an online marketing plan can be overwhelming for small business owners looking for affordable ways to nurture steady, sustainable growth. With time in short supply, the key is to find one or two growth strategies that will get results at minimal cost. These proven growth hacks offer business owners a few simple, cost-effective […]