Do You Worry About Money?

As investor André Kostolany famously noted, those who have money rarely think about it, while those who don’t think of nothing else.

Consider two business owners: One earns $250,000 but spends $300,000. The other earns $150,000 and spends $100,000. Who is truly wealthier?

According to the Federal Reserve’s Small Business Credit Survey, 54% of small businesses either break even or operate at a loss. Too many owners blindly hand their data to a tax preparer months after the year ends—discovering whether they made a profit only when it is too late to change course.

Take Control of Your Financial Narrative

To drive real growth, ensure your Profit & Loss, Balance Sheet, and Cash Flow statements are finalized immediately after each month-end close. Compare these results to the prior year to gauge your trajectory. A great bookkeeping firm doesn’t just hand over reports; they explain what the numbers mean, benchmark you against peers, and deliver actionable insights to improve your bottom line.

Shift to a “Profit First” Mindset

“Entrepreneurial poverty” is a widespread, systemic issue. If financial stress is keeping you up at night, it is time to flip the script.

In his bestselling book Profit First, author Mike Michalowicz suggests upending traditional accounting. Instead of Sales − Expenses = Profit, switch to:

\(\textbf{Sales}-\textbf{Profit}=\textbf{Expenses}\)

By locking in your profit margin first, you force your operations to live within the remaining budget. If you cannot afford your expenses on what is left over, it is a clear signal to rework your business model.

Get a Free Financial Analysis

Let’s make sure your business is working for you. For a free, confidential analysis of your 2026 financials, email Joel Nimar at consulting@matchbooksusa.com.