Stop Managing your Business by checking your Bank Balance

A very common mistake I see from startup and small business owners is they manage their business by checking their bank account.  This happens because it is a habit we learned from managing our personal finances.  It’s pretty easy to manage your family’s budget by checking the bank balance before and after you get paid Read more about Stop Managing your Business by checking your Bank Balance[…]

Denver Startup Week and Advice for new Entrepreneurs

Finance Pals started unofficially at Denver Startup Week 2015, when I met my first client and offered to do some bookkeeping and financial modeling in exchange for some web marketing help.  It is now 2 years later and I had the opportunity to present at DSW 2017 thanks to Trica Meyer! Here are the 3 Read more about Denver Startup Week and Advice for new Entrepreneurs[…]

Freelancers will make up half the workforce by 2020 – Here is why you should start hiring them now!

A recent study by the Freelancers Union, shows that 53 million Americans are freelancers, which is 34 percent of the total workforce. This number is expected to skyrocket to 50 percent by 2020. Workers are demanding more than just not wanting to work for 1 company their entire life.  The workforce is shifting to the ultimate flexibility of Read more about Freelancers will make up half the workforce by 2020 – Here is why you should start hiring them now![…]

Do You Know the Right Time to Hire?

Developing your business demands considerable time and energy. However, taking some of the work off your own plate by growing your staff may be necessary to really allow your firm to take off. Attempting to determine the right time to bring on additional help can be daunting. Every entrepreneur faces the dilemma: Hiring someone will Read more about Do You Know the Right Time to Hire?[…]

Avoid these 5 mistakes when making a budget

Here are 5 common budget mistakes that can easily be avoided by checking a few metrics – Your Revenue Growth is unreasonable– Revenue is the key to any business and understanding how it changes year over year gives you insight into growth.  So the first thing to check in your budget is Year over Year Read more about Avoid these 5 mistakes when making a budget[…]

Things I wish I knew a year ago – The truth about becoming an entrepreneur

I founded 2 companies last October after Denver Startup Week. One failed and one is successful – learn from my many mistakes and hear my keys to success.  There are 3 parts Part 1. How to pick the right company to start. People struggle with coming up with an idea for a company and 90% Read more about Things I wish I knew a year ago – The truth about becoming an entrepreneur[…]

Things I wish I knew a year ago – How to get customers

I founded 2 companies last October after Denver Startup Week. One failed and one is successful – learn from my many mistakes and hear my keys to success.  There are 3 parts Part 1. How to pick the right company to start. People struggle with coming up with an idea for a company and 90% Read more about Things I wish I knew a year ago – How to get customers[…]

Things I wish I knew a year ago – How to pick the right company to start

I founded 2 companies last October after Denver Startup Week. One failed and one is successful – learn from my many mistakes and hear my keys to success.  There are 3 parts Part 1. How to pick the right company to start. People struggle with coming up with an idea for a company and 90% Read more about Things I wish I knew a year ago – How to pick the right company to start[…]