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’
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
Many solopreneurs are hesitant to prepare a business plan, thinking it is unnecessary. However, we here at Sum of All Numbers believe that creating a business plan is beneficial for
In the book “Fix It Next”, Mike Michalowicz, the author of “Profit First”, “The Pumpkin Plan”, and “The Toilet Paper Entrepreneur,” introduces the concept of the Business Hierarchy of Needs.
Some business owners might not be aware of it, but one of the biggest problems among entrepreneurs is the lack of financial literacy. There are many business owners who earn
The number-one threat to your business isn’t an external factor at all. It’s the people you’ve co-founded that business with. The United States is home to many of the world’s
In business, knowing your own biggest natural strength gives you a better understanding of how you can increase your odds of success and how you best operate. This is especially
When you start a business, one of the first things you need to do is open a business bank account. It is very important that you have a separate account
The Pumpkin Plan is a book written by American author and entrepreneur Mike Michalowicz. In the book, Michalowicz shares some of the strategies that entrepreneurs can use to grow a
Why is it that no matter how well we do in business, for some reason, we don’t seem to make as much as we think we ought to? You might
GAAP, Generally accepted accounting principles, Mike Michalowicz, Parkinson's Law, Profit First, TED Talk, The Small Plates Principle