Positive cash flow is the lifeblood of any business, allowing you to take advantage of new opportunities and cover emergencies, like replacing broken equipment or those other non-planned events that affect us all as business owners. But if you often find yourself worrying about how much cash is available,...
It’s not uncommon for companies to explore different opportunities, especially if the aim is to increase sales and diversify revenue streams. However, did you know that too many options and excessive revenue diversification can hurt your business? Innovation is important, but too much of it may leave you holding...
Let’s face it. It’s hard to scale your business in today’s highly competitive market, which the lingering effects of the pandemic further complicate. If you’re struggling to achieve your goals, we, at SUM OF ALL NUMBERS, offer business consulting and bookkeeping services based on the sound business principles backed...
You have a brilliant idea for a product or service. People are going to LOVE IT! And then you’re going to get rich. This dream is real and you’re ready to take the risk. But then fear sets in. “Do I have what it takes?” “What if people...
When you’re an entrepreneur, there are a million things to keep track of, from your cash flow to your accountant’s billable hours. Figuring out if the company is moving in the right direction—and how to get it back on track when things go off course—can be tricky. If you’re...
When it comes to running a business, there’s no doubt that speed is one of the most important factors. The faster you can move toward your target, the better. However, even the most nimble of businesses can sometimes feel like they’re moving too slowly. The reason for this is...
The world of business has been undergoing a major transformation in the last decade. The digital economy has accelerated the transition, making it faster and more relentless than before. Businesses that fail to transform will fail. And the sooner they transform, the better. Especially if they operate in a...
Don’t you sometimes get scared by the idea of starting your own business? The idea of not knowing where your company will go, whether it’ll be profitable, or if it’s something you’re passionate about sounds terrifying. But the truth is, that the vast majority of businesses fail. It’s normal...
Starting a business can be an incredibly rewarding experience, but it’s also a lot of work. From figuring out how much inventory to order to processing all of your customers’ payments, the list of things you need to take care of as the owner of a small business can...
Small business owners may think that they need to focus on new clients to grow their business. This can be a mistake. Instead, you can achieve explosive growth by spending more time and energy on your high-performing clients, who also love you back (by continually giving you their business)....
