The BOSS Network Blog

Women entrepreneurs are finally discovering the strength and power that lies within.  A strength and power so strong that we’ve only began to scratch the surface. A woman’s strengths are found in her innate ability to create, nurture and transform. With that, women are boldly stepping into their creative power to create the life and business of their dreams. So how does the undeniable strength to create, nurture and transform, translate to our businesses?  As women, we give life to our businesses, nurture them then change them as deemed necessary. When we tap into our creativity, building a business is done with a great deal of care, naturally. Our business will reflect our individual values, personality and style because it is who we are.  Think of it this way. When a woman carries a child she’s very careful about what she puts in her body. Why? Because she doesn’t want to eat or drink anything that could potentially harm the baby. This is the same way when we...

A financial management system is a critical component to building a profitable business yet many entrepreneurs start businesses without putting one in place. Let’s be honest, you’re in business to make money, right? Then why neglect creating and implementing a system that will help ensure you achieve the results you desire? Putting key foundational systems in place is a proactive approach to building a successful business that I believe begins with having a vision for your business. Your business vision should be so big that it excites and scares you at the same time. That vision should drive your actions which should be driven by the goals  you've  created. So, why is it so important to have a financial management system? Well, it helps you make better informed decisions about which strategies will grow and boost the bottom line. It will reveal the real cost of doing business and whether or not you’re charging enough for your products and services. Below are 5 key ...

According to the SBA, one of the top reasons small businesses fail is due to poor accounting, which boils down to one thing – not looking at the numbers. Do you have a system and process in place to monitor your bottom line? If not, how will you know when you’ve achieved your financial goals? How will you know which marketing strategies and actions are paying off and which ones are not? The numbers tell all! You may be thinking all I need to grow my bottom line is get more clients. More clients alone will not solve the profitability problem. Tracking and monitoring your numbers on a monthly basis will. Below are 5 key steps to help boost your business profits and achieve your financial goals: 1. Clarity – Clarity will grow the bottom line. Get clear about where your business profits are now. Then identify what your annual profit goal is or essentially where you want to end the year. 2. Focus – Focus on what you want to create based on step #1. Remember, what you focus on be...