The Bloom Blog

I cannot tell you how many times I've sat down with a business owner who's excited about their "great year" and then watched their face fall when I show them the profit number. Revenue and profit are not the same...

I don't like being the bearer of bad news. But I'd rather tell you now than watch you learn it the hard way. Embezzlement, fraud, and financial manipulation happen in small businesses more often than anyone wants to...

If you can't tell me, right now, off the top of your head, how much revenue your business did last month and where it came from, we need to talk about revenue tracking. This is the number that drives everything....

If your office looks anything like most of the small businesses I walk into, there's a stack of receipts on someone's desk, a filing cabinet that hasn't been opened since 2018, and at least one drawer nobody claims. I...

There's a particular kind of excitement in January. New year, new projects, maybe a new business. I love it. But I've also seen enough January optimism turn into April panic to know that how you start the year matters....

Every year around Thanksgiving, I get the same phone call: "Sharla, I think I need to do some year-end stuff, but I don't know where to start." And every year I tell them the same thing. You should have started in...

Business owners are terrible at paying themselves first. I say this with love, because I used to be one of them. You reinvest everything into the business because you believe in it. You'll take care of retirement...

I have strong opinions about organizational tools, because I've watched clients waste thousands of dollars on software they barely use and thousands more hours trying to make the wrong tool work for them. So let me...

People throw around the phrase "financial freedom" like it's a marketing slogan. Let me define it the way I see it. Financial freedom is when your money can sustain your life without you having to trade more hours for...