by Patty Lawrence | Employee Management, Entrepreneurship, Knowledge, Leadership, Uncategorized
Let me tell you a story. I started working with a client (we’ll call her June) who has a degreed accountant doing her bookkeeping and an outside tax person handling tax accounting. We started doing some cleanup work reconfiguring the balance sheet accounts and income...
by Patty Lawrence | Business Management, Employee Management, Knowledge, Uncategorized
TurboExecs is a different kind of company. We’re different because our team comes to all of our work with a heart-centered approach. We truly care about our clients, their dreams, what they want to do in the world, how they do it, and how they impact not only their...
by Patty Lawrence | Budget & Forecasting, Business Management, Financial Analysis, Financial Processes, Profitability, Uncategorized
Your banker is your friend. But a lot of entrepreneurs don’t think that. They think the bank is their enemy, and they need to bribe their enemy or do something to gain their favor so they’ll work for them. Recently, I was teaching an audience of small and mid-sized...
by Patty Lawrence | Business Management, Uncategorized
Business owners: has your CPA ever told you that you need to make less money to pay lower taxes? CPAs tell us this all the time, but this is wrong on so many levels! As business owners, we want to have an abundance mindset where we know the more money we make, the...
by Patty Lawrence | Business Management, Knowledge, Uncategorized
Advice from your CPA is not advice about how you should run your business. Your CPA’s advice has to do with your tax return, a once-a-year exercise your CPA has to perform for you – it is purely compliance work. Whatever your tax accountant or CPA tells you shouldn’t...
by Patty Lawrence | Budget & Forecasting, Business Management, Cash Flow, Uncategorized
Are you a fast-growth company struggling with cash flow (or wanting to avoid a future cash flow problem)? What some people don’t understand is that you CAN grow yourself out of cash. It’s true: cash can go down when sales go up. As you grow, especially at a fast pace,...
