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What is a Social Financial Platform and how can it help my business?

In the midst of a pandemic, two men came together with an idea that would change the small business world as we know it. 
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Making Sense of the Numbers
April 05, 2021

Making Sense of the Numbers

There are many reasons why people start their own business. The number one reason, however, is so they can become their own boss. They want to be in charge! When you are the boss you have control over everything: schedule, workload, number of employees, and… financial statements.
Jessica Rickard
Jessica Rickard
Transparent Financial Statements *GASP*
March 22, 2021

Transparent Financial Statements *GASP*

I know the title of this blog probably scared you a little bit or maybe just got you curious. What are transparent financial statements? Do I want or need those in my business? My accountant doesn’t run that statement, should they?
Transparent financial statements, or open-book management, just means that employers are opening their financial books to employees.
Jessica Rickard
Jessica Rickard
3 Proven Ways To Improve Small Business Cash Flow
March 08, 2021

3 Proven Ways To Improve Small Business Cash Flow

Is your small business struggling to make enough profit to pay the bills? Living paycheck to paycheck can be quite frustrating.
Jessica Rickard
Mike Milan
Why should I document business milestones?
February 22, 2021

Why should I document business milestones?

Every business owner is going to encounter certain business milestones. Some milestones may be different as you look at different industries, but there are some that apply to everybody.
Jessica Rickard
Jessica Rickard
How Path by Simplex Financials Enhances QuickBooks Online
January 25, 2021

How Path by Simplex Financials Enhances QuickBooks Online

QuickBooks is the go-to software for managing your financial statements. But sometimes your unique business needs go beyond the current capabilities of QuickBooks.
So, what do you do with that information once it is in QuickBooks?
Jessica Rickard
Jessica Rickard
How to Create and Protect Your Brand
January 11, 2021

How to Create and Protect Your Brand

Before jumping off the deep end and purchasing that store front downtown, it is important to build your brand. What do you stand for, what are your values, who is your target audience, and more are questions you should ask yourself as you build your business.

Let’s take a look at how to create a brand that stands out.
Jessica Rickard
Jessica Rickard
Manage your team
December 28, 2020

8 Tips on Team Management

Being a manager in a company comes with its own set of challenges – one of them being how to manage a whole group of people.
Jessica Rickard
Quit or Keep Trying!
December 14, 2020

Taxes and Payroll - How does it affect my business?

Here are some resources that will help you navigate taxes and payroll in your business.

Jessica Rickard

Quit or Keep Trying!
October 20, 2020

Who is behind Simplex Financials, Inc and why should I care?

If this your first time here, you are probably wondering who we are and how we came to exist.

Jessica Rickard

Quit or Keep Trying!
July 02, 2020

The Skills That Pay The Bills - Checklist

You need a host of skills as an entrepreneur. So, what does it take to be successful? After building 12 companies myself and working with 1000's of others, I put together a list of what sets top performers apart from the rest.

Mike Milan

March 05, 2020

10 Things That D.U.M.B. Business Owners Think

If you happen to look at yourself with a critical eye and say: “I Don’t Understand My Business.” Then you are a D.U.M.B. business owner. That doesn’t mean you are unintelligent. It means that there are things happening in your business that you haven’t figures out.

Mike Milan

February 05, 2020

Dump Your D.U.M.B. Accounting Firm Clients

Up or out?! If you want to take advantage of entrepreneurial profit, you need to migrate your client base up the value chain of your firm’s services. The lower-end clients will become a drain on your resources and ultimately be less profitable.

Mike Milan

8 Effective Habits for the Successful Entrepreneur
January 07, 2020

8 Effective Habits for the Successful Entrepreneur

Every career has a set of habits that greatly increase the odds of success. The habits necessary for success will vary from career to career. Fortunately, there are many successful entrepreneurs that we can look to for guidance. It’s not surprising that many of them share the same habits.
Mike Milan
Mike Milan
9 Ways to Know it's Time to Give Up on Your Business Idea
December 11, 2019

9 Ways to Know it's Time to Give Up on Your Business Idea

It’s commonly advised that you should never give up. And, that’s great advice, as long as you have a good idea. There’s nothing wise or admirable about wasting your time, no matter how committed or motivated you might be.
Mike Milan
Mike Milan
Why Do People Like Other People?
November 12, 2019

Why Do People Like Other People?

Have you ever looked at another business owner and thought, “Man, they have it made.” They just seem to have a confidence that fills the room, or maybe you like the way other people interact with them. What is it? That “it” factor that others seem to have that makes their life look so much easier than yours feels. It could be that they have figured out the secret to being “liked”.
Jessica Rickard
Mike Milan
The 4 Ways to Make More Money in your Business
November 06, 2019

The 4 Ways to Make More Money in your Business

There are only four levers that can be pulled. No matter how you describe the action a small business owner takes, they can be placed into one of these four categories.
Mike Milan
Mike Milan
Free Doesn't Have to Suck
October 22, 2019

Free Doesn't Have to Suck

Don’t do it they said. You’ll damage the brand and reduce its value. People don’t trust free products. The list of reasons why you shouldn’t launch a free product is long. The scariest of course is “how will your company survive?”
Mike Milan
Mike Milan
Want More Cash? Run Your Business Like It's Up For Sale.
September 05, 2019

Want More Cash? Run Your Business Like It's Up For Sale.

Have you ever placed a car you own up for sale? What is the first thing you do? You clean it up. You fix the things that need it. You get the french fries out from between the seats. You get the car ready to present to someone else with the hope that it will attract top dollar. It’s natural for us to do this.
Mike Milan
Mike Milan
Check Please! The Next Evolution in Cash Flow Improvement
August 05, 2019

Check Please! The Next Evolution in Cash Flow Improvement

This is a great example of how one company leveraged the natural behavior of the consumer and our current technology to improving their cash flow.
Mike Milan
Mike Milan
The Best Business Advice I Ever Received
July 22, 2019

The Best Business Advice I Ever Received

Look at the entire situation and spend your creative and critical thinking skills on operating within the limits of your surroundings. This perspective makes every situation easier for me to understand. More importantly, it helps mitigate my stress and grow my success.
Mike Milan
Mike Milan
Are you a D.U.M.B. business owner? 
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June 25, 2019

Are you a D.U.M.B. business owner?

It’s not that I was unintelligent, it’s just that I got distracted. I was wrapped up in the thousands of details that made up my daily business life, and neglected the results I was creating.
Mike Milan
Mike Milan
Cutting Costs: Maximizing Results Through Expense Control
June 13, 2019

Cutting Costs: Maximizing Results Through Expense Control

There is simply one rule to live by in small business if you want to stay in business. The rule is the change in your operating expenses should mirror the change in your gross profit. This is typically called expense control.
Mike Milan
Mike Milan
Getting Back to Relationship Banking
June 13, 2019

Getting Back to Relationship Banking

People still like to have the interaction with their “hometown” bank, but want the convenience of the website lender.
Mike Milan
Mike Milan