The Fuel Accounting blog page
Real Revenue in Profit First Cash Management System: Are You Making Money, or Just Moving It Around?
Real Revenue in Profit First Cash Management System is not the same thing as money you can spend. The first step toward a more profitable business isn’t necessarily selling more. It’s understanding how much of what you sell actually belongs to you. Imagine this. You’ve worked hard all year, your business generated $500,000 in sales, and your accountant tells you that revenue is up 20%. That’s good news, right? You must be doing something right.
10 New AI Updates That Small Business Owners Should Actually Pay Attention To
Because AI isn’t slowing down, and neither should your business (although a little automation might finally give you time to breathe). If you’ve been following the AI world, you’ll know that keeping up with it is practically a full-time job. Just when you’ve figured out ChatGPT, there’s a new model, a new feature, a new AI agent or another tool promising to revolutionize your entire existence.
The Power of Point B: How to Keep Your Business Riding Toward What Matters Most
Whoa there, cowboy (or cowgirl)… Hey there, Trailblazer (Yea, I thought I’d try a cowboy motif for this article). If running a business sometimes feels like galloping full speed but not quite sure which way you’re headed—you’re not alone.
How Many Things Can You Do With a Roll of Duct Tape?
How many things can you do with a roll of duct tape? Twenty? Fifty? Two hundred? At first, the answers come easily. Fix a hose. Patch a box. Hold something together. Make a temporary handle. But keep going. After 20 or 30 ideas, something interesting happens: you run out of the obvious answers.
Move the Money. Even When It Hurts.
You already know before you open the banking app. Revenue was light. Insurance hit. A supplier needs paying on the 30th. And when allocation day rolls around, there simply isn’t enough in OpEx. So why bother moving the money according to the Profit First formula? Why not skip the ceremony and put the cash where you know it needs to go. Because that defeats the whole point. Move the money anyway.
ChatGPT Isn’t the Problem. You are. Hand It the Plans!!
Imagine a subcontractor turns up on site at 7:00 a.m. He’s good. Twenty years at his trade. Fast, reliable, and he’s never walked off a job half done. There’s just one small problem: nobody gives him the plans. No specs. No client name. Nobody even tells him which of the three houses on the street he’s supposed to be working on. So he shrugs and gets to work. By 4:00, whatever he built will probably be square, tidy, and beautifully finished. It just won’t be your building.
The Gifts We Never Have to Accept
There is an old Zen teaching that has endured for centuries because of its simple but profound wisdom. A student asked the master, “If someone gives you a gift and you refuse to accept it, to whom does the gift belong?” The master answered, “It belongs to the one who tried to give it.” The lesson is beautifully simple. A gift is not truly yours until you receive it. I wonder how much of our emotional suffering comes from forgetting this truth. Every day people hand us gifts we never asked for.
Why Do Our Past Screw Ups Keep Showing Up?
Have you ever noticed how vividly your mind can recall something painful that happened years—even decades—ago?
An embarrassing mistake.
A harsh criticism.
A failed business.
A betrayal.
A conversation you wish had gone differently.
Neuroscientists have discovered something fascinating about the brain. The neural pathways we use repeatedly become stronger.
Attack Sells Tickets, Defense Wins Tournaments
The World Cup is over, and Spain are champions. If you watched the final, you saw them beat Argentina 1–0 in extra time. What you might have missed is the number that actually explains the trophy. One. That’s how many goals Spain conceded in the entire tournament.
Even the Referee Has an Assistant Now
A number of times during the World Cup, an attacker was ruled offside. Several goals were denied due to offside calls. Sometimes, by a distance smaller than the width of a boot. No human being can make that call. A linesman watching two players sprint in opposite directions at full speed, judging a moment that lasts a fraction of a second across sixty metres of pitch — the honest truth is that for the entire history of soccer, close offside calls were educated guesses.
