A viewer recently asked me a great question. If you set aside $50,000 for growth plans and have $20,000 left over to spend, isn't the growth money also spending money?

The answer will change how you look at your bank balance. Every dollar in your business account belongs to one of three levels: ...

Have you ever looked at your bank account and wondered why, after years in business and a phone that never stops ringing, it still feels like you are starting over every year? If that sounds familiar, you are not alone. After working with hundreds of home service business owners, one pattern keep...

Many financial surprises in business are not really surprises at all. If you know where to look, the warning signs are visible long before you make the decision. Having enough cash to buy something does not mean your business can actually afford it. Confusing those two ideas is how a purchase tha...