Seven Profit-Boosting Entrepreneurial Habits

Posted on 25. Aug, 2016 by in Uncategorized

As an entrepreneur, you are responsible for shaping your business success.  Any habits that sabotage your success in your personal life can often carry over to your business.  Becoming aware of these is the first step to success.  Here are seven success-boosting habits to double-check against your own.      1) Being able to say “No.”  […]

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Annual Credit Check More Important Than Ever

Posted on 23. Aug, 2016 by in Bookkeeping Articles, Services, Small Business Tips

Last year, the IRS admitted to a major breach into taxpayer records. This breach was not a hacking operation. The thieves had valid names, addresses, Social Security Numbers and more. They used this information to get by the security measures in place on the IRS website. The IRS believes these crooks will use the stolen […]

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Record Retention Guide for Small Business – What to Keep and What to Toss

Posted on 18. Aug, 2016 by in Bookkeeping Articles, QuickBooks, Services, Small Business Tips

It’s tax time and you have piles of receipts, bank statements, tax forms scattered all about. If you work from a home office, filing space is definitely at a premium so here is a guide of what records you need to keep, what you can save electronically and what records you are safe to shred […]

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Three Costly Accounting Mistakes to Avoid

Posted on 11. Aug, 2016 by in Bookkeeping Articles, QuickBooks, Services, Small Business Tips

Small business owners have a lot on their plates, and time simply does not allow you to become an expert in all the areas required for running a business.  Here are a couple of common mistakes that we see all the time.  Correcting them will help you be more productive and profitable in your business.  […]

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How Understanding Assets vs. Expenses Can Make You Rich

Posted on 09. Aug, 2016 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 […]

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Influencing Your Word-of-Mouth Results

Posted on 04. Aug, 2016 by in Bookkeeping Articles, Services, Small Business Tips

Just about every business relies on “word-of-mouth” marketing to get the vast majority of its clients.  If this is true for your business, then it just makes sense to figure out how to boost your referrals from all sources.  Referrals are almost always easier to sell and they keep your marketing costs low.  But how […]

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Do the New Overtime Rules Affect You?

Posted on 02. Aug, 2016 by in Bookkeeping Articles, QuickBooks, Small Business Tips

Effective December 1, 2016, federal overtime regulations will change and may affect how you are paying your employees.  These overtime updates will affect 4.2 million workers across the country. The new rules will raise the salary overtime-eligibility threshold from $455/week to $913 ($47,476 per year).  This new threshold will increase every three years.  Salaried workers already […]

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Why Hiring a Freelance Bookkeeper is a Great Option

Posted on 29. Jul, 2016 by in Small Business Tips

The words “freelance bookkeeper” is not a favorite phrase for some business owners.  There are several reasons for this and all of these are misguided.  So here are a few myths that need to be addressed: Myth:  Freelance bookkeepers cost too much Truth:  In fact, hiring a contract bookkeeper can save you money as you […]

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Paper Overload? Steps to Transition to a Paperless Office for your Financial Records

Posted on 28. Jul, 2016 by in Bookkeeping Articles, Services, Small Business Tips

Computers were meant to cut down on paper but it seems we feel some sense of security by having piles of paper around or can it just be hard to break those old habits of printing everything. Can a paperless office be in your future? Yes it can and here are a few steps that […]

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How to Read Your Balance Sheet

Posted on 27. Jul, 2016 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 […]

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