The Fuel Accounting blog page
How Small Businesses Can Safeguard Against Evolving Cybersecurity Threats in 2025
As we step into 2025, small businesses with fewer than 10 employees face an increasing number of sophisticated cyber threats. The H1 2025 Threat Horizons Report from Google Cloud sheds light on how cybercriminals are targeting organizations of all sizes, but small businesses are especially vulnerable due to their limited resources.
How do Tariffs impact your Profit First process?
Applying Profit First principles can offer powerful strategies for small business owners navigating the cost pressures of tariffs. Here’s how the Profit First framework can help mitigate risk and maintain financial health in uncertain trade environments.
One Prompt to Rule Them All: The One Thing I Add to Every ChatGPT Prompt to Make It More Powerful
In the realm of artificial intelligence, guiding and shaping responses through specific framing is a potent tool. One effective approach is initiating a prompt with a clear and specific framing statement, such as “You are an expert in business strategy.” This technique unlocks AI’s potential to generate responses tailored to precise needs and contexts by setting parameters for behavior and expectations.
Hey, Pay Attention to This!!
In a world flooded with noise, distractions, and endless choices, your attention is your most valuable currency. Every time you focus on something—whether it’s a conversation, a thought, a piece of media, or even a fleeting worry—you are “buying” that experience. You are investing in it. You are saying, This matters enough to become part of me.
Profit First vs. Traditional Budgeting: Which One Works Better?
Many business owners struggle with cash flow and profitability. Without a solid financial management system, they often find themselves making decisions based on immediate cash availability rather than long-term sustainability. Two primary approaches to financial management are Traditional Budgeting and our Profit First Cash Management System. But what’s the difference, and which one works best for your business?
Wow!! If you’re using Google Workspace, Gemini is your FREE AI Assistant
Are you a small-business owner using Google Workspace? If so, you may already have a powerful AI tool at your fingertips—Gemini. Better still, it comes at no extra charge if you’re on a core Google Workspace plan (like Business Standard, Business Plus, or Enterprise). This AI-driven upgrade slots right into familiar apps like Gmail, Docs, Sheets, Slides, and Meet, giving you a productivity boost without the hassle of switching platforms or paying another subscription.
Waaaaa, Waaaaaa, Call the Waaaambulance…
Whining—about the weather, the government, some sort of inconvenience, or the endless lament of unmet expectations— we all do it. But why? Let’s dig into it and see what we can see. At its core, whining is an expression of dissatisfaction or discomfort. It often has a tone of helplessness or an implicit demand for attention. Whining can feel circular and repetitive, focusing more on the problem than on resolving it.
Should the business pay for the owner’s tax in Profit First?
If you’re implementing our Profit First Cash Management System (PFCMS) in your business, you already know the power of allocating money with purpose. You’ve set up your separate bank accounts, and you’re diligently distributing funds to Profit, Owner’s Pay, Taxes, and Operating Expenses. But one question that often comes up is: Why should the business pay for the owner’s tax?
Business Relationships Defined at Last!!
If you strip a business down to its core, what remains? It’s not the products, services, or technology—it’s relationships. Whether between employees, leaders, or customers, the strength of these relationships determines whether a company thrives or struggles.
ChatGPT Free, Plus, or Pro? Which is better?
In the ever-evolving landscape of artificial intelligence, staying ahead means leveraging the best tools available. ChatGPT, a frontrunner in AI-driven conversational agents, has recently unveiled its “Pro” subscription tier priced at $200 per month. This new offering promises unlimited access to the advanced 4o and o1 models, setting it apart from the existing Plus subscription.
