Small Business Wisdom From Big Business Brains

by | Dec 20, 2017

Client Spotlight: Danielle Suchala Klausing

It’s always an exciting time when you’re ready to take the next step in life and buy a home. But finding that perfect home can be a challenge, especially if you’re not familiar with the real estate industry. That’s where Danielle comes in. With over 7 years of...

Who is responsible for payroll?

One of the most expensive resources for any business is payroll. It’s also one of the most important. We are firm believers that people are your most valuable asset, so it’s no wonder that payroll gets costly. Especially if you are a professional services company, and...

Let’s just Write it off! 

Ahhh the joys of being a business owner. You get to set your own schedule, be in complete control of your success and of course, deduct your business expenses.   Just like all of those statements, there are some pros, cons and a lot of misconceptions that go...

How to beat tax stress

It's March and that means two things:   Tax season is in full swing.   Chicago winter is about halfway over.   There isn‘t much a financial consultant can do when it comes to the weather, but when it comes to making your tax season less...

Meet the team: Eileen Manaloto, Sr. Accountant

Despite a job market full of unique challenges, My Small Business Pro was incredibly fortunate to bring on a new team member last year, Eileen Manaloto. Like many small businesses, we got creative in finding the right resource to support our amazing clients and fit...

Back to the Financial Future! 

A new year is upon us! While there’s a tendency to charge into 2022 with new hopes, plans and goals; but you need to pump the brakes. One of the most prudent things you can do is slow down and take some time to do a serious review of your past. Last year is full of...

Years of providing small business accounting services have taught me that there really is just one consistent, obvious difference between small, local businesses and huge, multi-national ones—size. The other distinctions between the owners of modest companies and the managers of firms ranking in Forbes lists are more subtle. If you study the words and track records of successful professionals, however, you can glean some of the qualities that just might help make you a successful small business owner.

“Every day we’re saying, ‘How can we keep this customer happy?’ How can we get ahead in innovation by doing this, because if we don’t, somebody else will.”
Bill Gates, Microsoft founder and philanthropist

“Plan. Know where you stand. Get a good sense of what it costs to run your business, what the revenue is worth to you, what your margins are. Of course, how to improve them—but you have to have a sense of where you are in order to get to where you want to go.”
Lloyd Blankfein, Goldman Sachs CEO

“Your premium brand had better be delivering something special, or it’s not going to get the business.”
Warren Buffett, billionaire investor

“The biggest risk is not taking any risk.”
Mark Zuckerberg, founder and CEO of Facebook

“Good business leaders create a vision, articulate the vision, passionately own the vision, and relentlessly drive it to completion.”
Jack Welch, former CEO of GE

“Control your cash, stick to your core business, and know your numbers.”
Marcus Lemonis, self-made millionaire and host of CNBC’s The Profit

“”The big secret in life is that there is no big secret. Whatever your goal, you can get there if you’re willing to work.”
Oprah Winfrey, actress, publisher and television producer

“The critical ingredient is getting off your butt and doing something. It’s as simple as that. A lot of people have ideas, but there are few who decide to do something about them now. Not tomorrow. Not next week. But today. The true entrepreneur is a doer, not a dreamer”
Nolan Bushnell, inventor and engineer behind Atari

“Strive not to be a success, but rather to be of value.”
Albert Einstein, genius

At MSBP, we believe everything you do impacts the bottom line. Every day, through our consulting and small business accounting services we share wisdom with clients like you to help them know where they stand financially, manage their cash, and increase their chances for success. Please reach out to me at daliah@fritzfinancialsolutions.com; I’d love to chat. Also, be sure to check out the other words of advice on the main Insights page.

Client Spotlight: Danielle Suchala Klausing

It’s always an exciting time when you’re ready to take the next step in life and buy a home. But finding that perfect home can be a challenge, especially if you’re not familiar with the real estate industry. That’s where Danielle comes in. With over 7 years of...

Who is responsible for payroll?

One of the most expensive resources for any business is payroll. It’s also one of the most important. We are firm believers that people are your most valuable asset, so it’s no wonder that payroll gets costly. Especially if you are a professional services company, and...

Let’s just Write it off! 

Ahhh the joys of being a business owner. You get to set your own schedule, be in complete control of your success and of course, deduct your business expenses.   Just like all of those statements, there are some pros, cons and a lot of misconceptions that go...

How to beat tax stress

It's March and that means two things:   Tax season is in full swing.   Chicago winter is about halfway over.   There isn‘t much a financial consultant can do when it comes to the weather, but when it comes to making your tax season less...

Meet the team: Eileen Manaloto, Sr. Accountant

Despite a job market full of unique challenges, My Small Business Pro was incredibly fortunate to bring on a new team member last year, Eileen Manaloto. Like many small businesses, we got creative in finding the right resource to support our amazing clients and fit...

Back to the Financial Future! 

A new year is upon us! While there’s a tendency to charge into 2022 with new hopes, plans and goals; but you need to pump the brakes. One of the most prudent things you can do is slow down and take some time to do a serious review of your past. Last year is full of...

What solution can Fritz Financial find for you?

Schedule a meeting with Daliah Fritz