BackCasting: A New Approach to Strategic Planning for 2025

Imagine you’re sitting at your kitchen table on December 31, 2025, reflecting on what an amazing year you’ve just experienced! What made this year so wonderful? (Pause for self-reflection.) How will you know that the year was a success? Several years ago, I became frustrated with the traditional forecasting models used by small businesses. Why?…
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Top 5 Do’s and Don’ts In an IRS Tax Audit

In any endeavor, it’s always better if you can increase your odds of success by gathering more information to help tilt the odds in your favor. Remember when the Houston Astros employed technology to steal the opposing teams’ signs during the 2017 and 2018 seasons? After this baseball scandal was revealed, the Astros fired its…
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Budgeting and Financial Planning for Your Small Business

A good financial strategy is critical for success, whether you’re just starting out or trying to expand your current enterprise. Budgeting enables you to properly manage resources, track your finances, and make educated decisions that drive development. But, let’s face it, handling finances is usually the least fun aspect of owning a business. This is…
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