Written by Megan Munsell, CPA | Published October 14, 2026 On this page Tell me your service business has a 20% profit margin and I am probably going to respond with: “Okay. Tell me more.” I know—it’s a very annoying CPA answer. But 20% by itself does not tell me whether your business is healthy. […]

Designing a Sustainable Owner-Compensation Strategy for Service-Based Founders There is a specific moment in the life of an S Corporation when the founder pauses and thinks: “Wait. How am I actually supposed to pay myself now?” Before electing S-Corp status, managing money felt relatively straightforward: client payments hit the bank account, business expenses got paid, […]

Written by Megan Munsell, CPA | Published August 17, 2026 | Updated September 2026 On this page There is a strange middle stage in business growth that does not get talked about enough. Your bookkeeping is working. Your accounts are reconciled. Your financial statements show up. Payroll runs. Taxes get filed. Nothing is necessarily broken. […]

Written by Megan Munsell, CPA | Published August 5, 2026 | Updated September 2026 On this page There is a weird moment that happens when a service business crosses seven figures. You are making more money than you ever have. You have employees or contractors. Clients are coming in. Payroll is moving. Taxes are bigger. […]

A lot of people think they have to pick a side. Either you are spiritual and you trust the universe and things magically happen, or you are practical and you track every strategy and become a millionaire on sheer willpower and spreadsheets. It’s important to know you can have both, and here’s how to build […]

Why does business feel so hard for some, but easy for others? The answer is simple: Your business is a mirror you can’t talk your way out of. As a spiritual mentor, it is my belief that everyone has been assigned a challenge in this world to overcome as they develop into their true purpose. […]

Most business owners don’t need a bookkeeper. They need someone who prevents the slow financial death-by-a-thousand-paper-cuts that happens when nobody is actually watching their numbers. Here are the questions that save thousands each year and what to do next.  Here’s the shady secret: A lot of people will happily take your money to “do your […]

Most business owners don’t need a bookkeeper. They need someone who prevents the slow financial death-by-a-thousand-paper-cuts that happens when nobody is actually watching their numbers. Here are the questions that save thousands each year and what to do next.  Here’s the shady secret: A lot of people will happily take your money to “do your […]