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Author: Megan Effertz

Megan Effertz

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Comparison isn’t a catalyst

I started my morning by scrolling through social and got stuck in the comparison trap. I saw a post of a friend's friend who wrote a book. I found myself feeling envious and thinking about how much I wanted to write a book. OK, no...

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comparison isn't a catalyst

How To Eliminate Distracting Busy Work

Busy work doesn't pay the bills is something I tell myself when I am staring at a to-do list of things that suck up time but doesn't grow my business. The hardest part of running a business or even working at one is eliminating the...

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Busy work to do list

Busy Doesn’t Pay The Bills

Have you ever noticed that the word business is close to busy-ness? If you’re not careful, your business could turn into busy-ness and busy doesn’t pay the bills. I’ve worked in a lot of different businesses, including mine, and the...

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Busy doesn't pay the bills

The Business Gist Season 3 Podcast Line Up

All the Business Gist podcast episodes in season 3 feature entrepreneurs and business leaders on what they were doing to pivot in a pandemic. Many of their mantras and business advice is sage wisdom for every day business strategy. The...

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Business Gist Podcast

Recruitment Is An Investment In Your Business

Spending time doing recruitment right is one of the best investments you can make in your business. Recruitment is one of the eight key components to a solid Talent Management Program. The last few years recruiting was incredibly...

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Recruitment

8 Key Components To Talent Management

You’ve hired people, you’ve got teams, business is growing. Now it’s time to create a formal Talent Management program for your business to retain employees and get the most engagement and productivity from them. Talent Management...

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Talent Management

Cash Flow Statements Overview

Cash Flow Statements are one of three key financial statements entrepreneurs need to review on a regular basis. Reviewing these statements help entrepreneurs to understand the health of their business. The statement measures how well a...

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Cash Flow

Balance Sheet Overview

The Balance Sheet, in its simplest terms, is a snapshot showing what a company owns and what a company owes during a specific period of time. It captures the assets and liabilities of a company and allows creditors to quickly know what...

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Balance Sheet

Profit & Loss Statement Overview

A Profit & Loss (P&L) Statement is also known as an Income Statement. It shows you how much money came in and went out in a certain period of time. Comparing those numbers shows you what your net income is, hence the term...

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Profit & Loss Statement

Financial Statements Entrepreneurs Needs To Know

Financial Statements are key to understanding the financial health of your business. As an executive, I reviewed financial statements and managed budgets but I did it from a non-financial manager perspective, watching revenue numbers...

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Financial Statements