federal contractor

How To Read a Balance Sheet

A Balance Sheet shows a company’s position at a certain point in time. It is composed of three sections: Assets, Liabilities, and Equity. Assets represent the things of value that the business owns and has in its possession. It does not matter if you still owe money on it or

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Understanding Your Profit and Loss Statement

Small business owners started their businesses because they are passionate about the work that they do. The majority of them are not a CPA and unless they have a CPA that can explain their Profit and Loss Statements in easy to understand terms they just don’t look at them.  I

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Finding Your Passion

I answered the  phone the other day and the gentleman on the other end of the line stated that he wanted to start a business.  I responded “Okay what type of business are you interested in?”  His response was “the one that sells the most to the Federal Government”.  I

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How To Register To Do Business With The Federal Government?

How To Make a Great First Impression in Under 30 seconds!!!

When you meet someone for the first time, they instantly form an impression based upon your age, gender, race, height and weight. People will also judge you based on your body language. Do you look someone straight in the eye? Do you cross your arms? Do you stand up straight?

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How To Fire An Employee

I cannot think of anyone that I know that loves to fire an employee but sometimes you just have to do it. The first thing that comes to mind is how to protect the business from a lawsuit. Even though most businesses are covered by at-will laws, which allow for

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Special News Announcement

We will be going to once a week posts from this point on. New posts will be on Tuesdays from this point forward. Thanks for your understanding.

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Hiring Your First Employee

You are feeling overwhelmed and the tasks that lay before you are never ending. You have been working 12 plus hours a day for months and still can’t seem to make any headway. You think! Maybe it’s time I hire an employee. So you place an advertisement in the newspaper,

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Employee Accountability – The New Buzzword

  The new buzzword is employee accountability. What does employee accountability mean? Basically it is holding the employee accountable for the outcome of the work that they are performing. That sounds simple enough in theory but can be harder to implement. Employees have to know in advanced that they are

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