What Can You Expect from Your Bookkeeper?

A friend running an agency reached out to me and was beating herself up for missing a 40% spend increase in one of her department. Like many agencies, she had an one-person bookkeeping team who she relied on to keep her books, pay the bills, 

May 16, 2016No Comments

Your Owner’s Pay is Distorting Your Financials #MoneyTalk 07

Are you an owner without being paid? If you’re not, that’s great! If you are, you definitely need to watch this video because you may be deceived by your financial without knowing it. Our founder, W. Michael Hsu clearly explains why as an owner, you should get 

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How to Stop Bookkeepers from Stealing Your Money #MoneyTalk EP06

How can you avoid your bookkeepers stealing from you? Money is the most important limited resource to an entrepreneur. It’s serious and we hope it hasn’t happened to you. Accordingly, in this episode, our founder W Michael Hsu gives a piece of advice which many entrepreneurs neglect. Let’s check it 

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3 KPIs to Track in Your Agency #MoneyTalk EP05

In this episode, our founder W. Michael Hsu shares three important KPIs but many entrepreneurs neglect. You can use these KPIs to track in production performance. They provide you a better insight of how well you run the company. Let’s take a leap into this episode! 

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3 Questions to Help Set Your Price

The most experienced entrepreneurs know that price is the dominant factor driving profit. While profits can be increased via a number of ways, raising prices is the simplest method that yields the biggest result. A mere 1% change in price can generate double digits change 

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Raising Price #MoneyTalk EP04

In this episode, our founder, W Michael Hsu talks about how raising prices can help your business and how 1+1+1=19. He’s not talking about raising your price by 10% or 15%, but simply make 1% change to impact your Net profit. What are you waiting 

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Value, Price, Cost #MoneyTalk EP03

Do you have a hard time to determine your price? In this episode, our founder W Michael Hsu explains the value of cost, seller profit, and buyer profit. Michael also believes that it is possible to have a win-win situation for every party in a transaction. 

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How to Start Building Your Dashboard #MoneyTalk EP02

Are you building your dashboard but don’t know where to start? In Episode 2, our CEO W Michael Hsu picked up what we left in last episode - the timeliness of the dashboard.  Also, he shared few points that give you some direction to start building 

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What Makes a Good Dashboard #MoneyTalk EP01

Do you have a business dashboard set up for your business? What are some tips that worked out for you when building a functional dashboard? In Money Talk – episode 1, our founder, W.Michael.Hsu shared what features a good dashboard should have. And how can you use 

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A Simple Step-by-Step Guide to Set Up Your First Financial Dashboard

KPI and dashboards had been the latest craze in the business world and the flood of resources (and noise) had made it hard to know where to even begin. So here is a step by step breakdown to set up your business dashboard. Before you 

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What’s The Difference Between A Bookkeeper And An Accountant?

There are many terms for similar professions that tend to be used interchangeably by mistake. A few that come to mind—psychologist and psychiatrist, paramedic and EMT, nurse practitioner and physician’s assistant, also architect and contractor. For people who work in these industries, the differences are apparent, 

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