Is There Really a 4-Hour Workweek?

Posted on 19. Jan, 2017 by in Marketing Tips, My Favorite Things, Small Business Tips

Tim Ferriss made the 4-hour workweek a popular concept in his 2007 book.  But is there such a thing, and more importantly, can business owners like you and me cash in on it?  As the last of the Baby Boomers approach retirement, the topic of working less while making the same or more income is […]

Continue Reading →

Do You Know Your Small Business Vitals?

Posted on 16. Jan, 2017 by in Bookkeeping Articles, Marketing Tips, Small Business Tips

On a doctor’s visit, the first thing the nurse does is take your vitals:  your temperature, blood pressure, pulse rate, and respiration rate.  These basic measurements are the first place doctors look to see if something is wrong with our health. Knowing your vital signs, and especially when they are out of whack, is good […]

Continue Reading →

Boost Your Accounting Know-How with These Terms

Posted on 12. Jan, 2017 by in Uncategorized

Outsmart your accountant and other financial friends with these accounting-related definitions: Fiscal Year Most companies report their results on a calendar year, from January 1 through December 31.  Some companies use a different year for reporting, and that’s called a fiscal year.  For example, Intuit’s fiscal year runs from August 1 to July 31.  A […]

Continue Reading →

How Understanding Assets vs. Expenses Can Make You Rich

Posted on 09. Jan, 2017 by in Bookkeeping Articles, QuickBooks, Small Business Tips

Assets and expenses both have a “debit” balance on the financial statements, but that’s where their similarities end.  Spending on one can make you rich and spending too much on the other can leave you broke.  An expense is money you may need to spend, but after a year, there is nothing lasting to show […]

Continue Reading →

Start the New Year with a 2017 Profit Plan

Posted on 06. Jan, 2017 by in Bookkeeping Articles, Small Business Tips

Are you ready for 2017 to be even better than 2016?  If so, take a few minutes to reflect on the questions below and take action to set your 2017 profit plan.   Question 1:  What were the three best business things about 2016? No need to re-invent the wheel.  If you knocked it out […]

Continue Reading →

How to Read Your Balance Sheet

Posted on 04. Jan, 2017 by in Bookkeeping Articles, QuickBooks, Small Business Tips

The Balance Sheet is an important report in your business’s financial statements.  Most small business owners are unsure of what all of the numbers mean on this report, so let’s see if we can shed some light on what they mean. A Summary of Balances One big characteristic of a balance sheet is that it […]

Continue Reading →

An Annual Credit Check is more important than ever!

Posted on 02. Jan, 2017 by in Bookkeeping Articles, Services, Small Business Tips, Website Resource

The Federal Trade Commission says The Fair Credit Reporting Act (FCRA) requires each of the nationwide credit reporting companies — Equifax, Experian, and TransUnion — to provide you with a free copy of your credit report, at your request, once every 12 months. The FCRA promotes the accuracy and privacy of information in the files of […]

Continue Reading →

[GUEST POST] The Value of Values: Setting Goals for Your Business

Posted on 30. Dec, 2016 by in Services, Small Business Tips

Today, I’d like to share a fantastic article, “The Value of Values: Setting Goals for Your Business” by Coach Andrea Novakowski. “A goal properly set is halfway reached.” – Zig Ziglar Justine, an author and consultant, had given herself the goal of getting her self-help book published. But when she sent her proposal to agents, they told […]

Continue Reading →

When is Bookkeeping Help Needed?

Posted on 27. Dec, 2016 by in Bookkeeping Articles, QuickBooks, Services, Small Business Tips

Do you find yourself wishing you had some bookkeeping help for your business?  The job requirements of bookkeepers are enormous, and it takes a lot of knowledge, training, and experience to do the job correctly. You should not assign these responsibilities to just any employee because you cannot afford any errors.  Mistakes could mean huge […]

Continue Reading →

Stop Doing Shoebox Bookkeeping and Start Taking Charge of Your Financial Records

Posted on 20. Dec, 2016 by in Bookkeeping Articles, QuickBooks, Small Business Tips

Some small business owners have the mistaken belief that as long as they have all their paperwork together in one box that they’re doing a good job with their finances.  Nothing could be further from the truth.  In bookkeeping circles this is known as “shoebox bookkeeping” and many times it’s a bookkeepers worst nightmare at […]

Continue Reading →