by Mills Bender | Jan 23, 2025 | Posts
Scaling your service business often feels like running on a treadmill: the harder and faster you go, the more it seems like you’re stuck in place. Sound familiar? You’re not alone. A staggering 80% of businesses fail to make it past their fifth year, and the main...
by Mills Bender | Jan 21, 2025 | Posts
Labor costs. For many small business owners, those two words are enough to spark worry. And for good reason—labor costs often make up a staggering 70% of small business expenses. It’s no wonder they’re frequently referred to as the silent killer of profits. But here’s...
by Mills Bender | Mar 4, 2021 | Posts
What’s considered a living expense, and why is this important in setting my budget? There’s one major difference between living expenses and debt, and it’s important to differentiate them. So what are living expenses? Living expenses is another way to say the cost of...
by Mills Bender | Mar 4, 2021 | Posts
How much taxes do I pay? What do you mean the US has a progressive tax system? What is a progressive tax system? These are all common questions, and I’m going to answer all these and much more. I’m going to also show how the MKB Budget Setter tool can automatically...
by Mills Bender | Mar 4, 2021 | Posts
Are you unsure about how much money you make and what that means for setting your budget? You’re not alone. I can’t tell you how many times I’ve sat down with a client and they have no idea what they make. Although not understanding your income is a problem, knowing...
