How to Manage Business Money in Challenging Times?
It is challenging managing a business during normal times, but when the economy turns, it adds to the chaos. Since this pandemic has hit the World, our sense of normal has clearly changed. As a result, we need to either adapt, or our businesses will fail to exist. As we adjust to this new normal, […]
Which Parts of the Federal Acquisition Regulation Matter to Small Businesses?
The Federal Acquisition Regulation, otherwise known as the FAR, is massive. It contains 52 parts, which detail how government officials write the solicitations and the contracts. However, there is one part of the Federal Acquisition Regulation that is written and pertains to Government Contractors. Please make sure you stay till the end so that you, […]
12 Ways to Improve Your Cash Flow
Managing cash flow is the lifeblood of your business. After all, your business depends on the cash flowing in to pay for those expenses needed to operate your business. Today, I will discuss 12 ways to improve cash flow which can help you encourage incoming payments, delay outlays of cash and stay on top of […]
What Contracts Are Used in Government Contracting?
In this video, I will be discussing seven different types of contracts used in government contracting. I will also be providing the Federal Acquisition Regulation (FAR) reference for your information. Now, if you are new to the government contracting world, then you need to know that the FAR is the primary regulation used by executive […]
My Favorite Productivity Book
I want to take you on a quest. For the last few years, I felt like I am constantly in a state of reaction. I react to clients, emails, phone calls, YouTube comments, and podcast questions. I have so many things that I want and need to do yet I never get to them. My quest […]
What is the DBE Program|Tips and Tricks
What is the DBE Program? | Tips and Tricks Let’s face it, we all need all the help we can get with government contracting. (#government contracting) That is where today’s topic comes into play. What is the DBE Program (#DBE)and Tips & Tricks is aimed to help you make the most of this program. The […]
12 Common Mistakes Entrepreneurs Make With Employees
Hi fellow entrepreneurs, and welcome to the channel. I am so happy that you joined me today. I am taking a break from our cost accounting series today to discuss the 12 common mistakes entrepreneurs make with employees and how to avoid them. Let’s face it, we all make mistakes. The key is to learn […]
Search Engine Optimization for Gov’t Contractors
Introduction Nancy (00:04): Using SEO to Scale Your Business. An interview with Tanner from Ranksey Digital Marketing. Hey, it’s future Nancy and Tanner told me after we finished recording the video that throughout the video, I kept referring to SEO as CEO. So please note that I mean, SEO, instead of CEO throughout the video. […]
Key To Winning Contracts – Wrap Rates
We are going to continue our accounting series by discussing wrap rates. No, I am not talking about wrapping a car. Before we go any further, I must tell you I am not an expert in this field. All I can do is explain wrap rates as they were explained to me a long time […]
Why Overhead Costs Matter to Entrepreneurs?
Overhead is all expenses not related to producing your product or providing your service. In other words, overhead refers to the indirect costs of running your business. Types of Overhead There are three types of overhead costs: Fixed Costs – These expenses stay consistent each month. They are not dependent on the number of products […]