How Can I Survive in Business When Sales Drop and Costs Rise? If you’re reading this, you’re probably feeling the squeeze. Sales are down, but somehow your expenses keep climbing. Suppliers are raising prices. Your payroll keeps going up. And you’re wondering how much longer you can keep this up. I’ve been there. And I…
How Much Cash Reserve Should a Small Business Keep? You’ve probably heard the advice: keep a cash reserve. But how much, exactly? Three months of expenses? Six months? A year? The answer isn’t one-size-fits-all, but I can give you a clear framework to figure out what’s right for your business. Running a small business without…
How Can I Protect My Profit Margins When Costs Keep Rising? You’ve probably felt it. Your suppliers raise prices. Your utility bills go up. Your staff ask for higher wages. And somehow, you’re expected to absorb all of it while staying profitable. This isn’t just your imagination. Inflation hit 4.6% in early 2026, its highest…
What Is a Good Profit Margin for a Small Business? One of the most common questions I hear from small business owners is: “What should my profit margin be?” It’s a great question—and one that doesn’t have a simple answer. But understanding profit margins is essential for pricing your products, managing costs, and knowing whether…
Why Profit Doesn’t Equal Cash: What Every Small Business Owner Must Know You look at your financials and see a nice, healthy profit. Then you look at your bank account and wonder where it all went. How can your business be profitable but you’re still worried about making payroll? I’ve been there. And I can…
Why Does My Business Show a Profit But I Have No Cash? You’ve just finished your quarterly financials, and the numbers look good on paper. Your profit and loss statement shows a healthy net income. But when you check your bank balance? It’s hovering near zero, and you’re not sure how you’ll make payroll next…