10 tips for growing the profit of any business

Adam LeanUncategorized

One of my favorite quotes is by the author of Rich Dad, Poor Dad, Robert Kiyosaki. He said: “It’s not how much you make. It’s how much you keep that matters.” In my experience, a lot of business owners focus way too much on the ‘making’ part (sales) and not … Read More

The surefire way to increase cash

Adam LeanUncategorized

You’ve heard the saying: cash is king. Well, if cash is the king then profit is the queen. The only number that really matters, at the end of the day, is how much profit you make. Profit is what gives you cash that you own. You can raise cash from … Read More

What is COGS?

Adam LeanUncategorized

You know that your Income Statement lists your sales, your expenses, and your profit. Sales – Expenses = Profit Pretty straightforward, right? Well, in an effort to keep your Income Statement report more clear and organized the accounting ‘powers-that-be’ created a separate expense line so you can track expenses that are directly tied to … Read More

3 ways to overcome fear and doubt

Adam LeanUncategorized

I met Christy at a small business workshop several years ago. She explained that her father has owned a pretty sizable military supply store for several decades but he had recently passed away. And now she became the owner of the military supply store. She had no military experience. She had … Read More