How to Fix your Small Business Problems

Alek Mason

This podcast is to help anyone who has an ongoing business doing over $1 million in yearly sales up to about $50 million annually or so. If this is your situation, then this channel is to help you with practical solutions to problems you may be facing in your small or midsize business. For those of you that have start-ups or are solopreneurs, this channel is not really geared for you guys....sorry! read less
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Episodios

Intro to Better Business Decisions - Chart of Accounts Managerial Accounting
13-06-2022
Intro to Better Business Decisions - Chart of Accounts Managerial Accounting
Are your #chartofaccounts set up properly?  Do you have all your direct #costs in Cost of Good Sold?  Do you have a Cost of Goods Sold section on your Profit & Loss / Income Statement at all?  If this isn't set up properly, it won't bother your #accountant or the government, but it will make #business #decisions more difficult for you and unless you understand this, you probably don't even know how much of a #problem this can be if the chart of accounts is not setup properly.   This short video will give you a quick explanation on the how and why and what of this important topic and help you make better business decisions fast.   We help established small and midsized businesses who have at least $1 million per year in sales to move their business from being a patchwork mishmash of people and little to no systems to a purposefully built, tuned, money making machine, that delivers higher profits and less stress to the ownership. Over the last 20 YEARS Alek has implemented PROCESSES to RESULTS in #smallbusinesses and #midsizebusinesses quickly.    Go now to our website and book your FREE strategic video consult directly with Alek at https://humalytic.com/appointments or CALL NOW (312) 407-6580.  If you would like more information about how we can help move your small business to a more profitable and less stressful purpose built machine in a matter of weeks, visit our website now:   https://HumaLytic.com