Recent Posts by EVELYN IVY

Are your Actions Efficient or Effective?

Success is not defined by the amount of things we do but by the things we do efficiently. Efficient actions bring success and inefficient actions bring failure. When you start a new business, project, family and your heart is not in the new venture, your actions will be inefficient and the new venture is guaranteed to fail. Do not confuse efficient action with effective action. To be effective means you
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Developing your Financial Independence Budget

Some lifestyle entrepreneurs have no problem projecting their income and expenses to come up with a budget. However, developing a financial independence budget is one issue most lifestyle entrepreneurs do not address.  Previously I talked about how to create your business project by predicting your level of activity. This time I am going to discuss how to create your personal budget based on what you plan to achieve on your
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The Activity Based Budget: Developing the Numbers for your Business Budget

Have you ever tried to create a budget but struggled with coming up with the numbers that go into the budget. Well, if you have ever had this problem you have come to the right place for answers. In my consulting practice, I find the problems most people have in building their first budget is determining where the numbers should come from. When making a personal budget you have had
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All You Need is JUST ONE ACTION to take you closer to your GOALS.

Starting a business can be very complex. The demands could be very intimidating for those who have never taken that path before. The good news is you don't have to do it all in a day. All you need for today is just one action that will move your forward towards your GOALS. What do I mean by this? There are various facets of starting a business. You have to
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Asset Sources

The purpose of a business is to build assets that produce income. If you are really serious about building assets in your business then you will need to form a perpetual entity by incorporating. The corporation is the funnel that holds all your income producing assets. You can talk to a lawyer as they are in the best position to help you in this area. As an accountant I am
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