Seven Year-End Adjustments to Make to Your Books
Year-end is coming up for many businesses, and it’d be nice to know what your final revenue and profit numbers will be for the year. Before we can calculate these key numbers, there are year-end adjustments that may need to be made to your books that will change the...
Five Things You Can Do to Make Tax Season Smoother
We know we’ll never make tax season your favorite time of year, but perhaps we can make it easier. Here are five things you can do now to smooth out the time required to pull your records together for your tax preparer. 1. Contractor Clean-up In preparation for...
Is Your Business Missing an Accounting Skillset?
In a small business, the owner ends up wearing many hats to get the product or service delivered, the customers served, and the accounts settled. Within each functional area of a small business, there are even more hats. Although the accounting function might be...
Compliance Checklist: Seven Items You May Have Forgotten
Running a business is filled with regulations everywhere you turn. These can drain precious time away from the core of your business, but if you ignore them, there could be huge financial consequences you may be risking without even realizing it. The best way to...
Are You Vulnerable to Fraud?
According to the Association of Certified Fraud Examiners (ACFE), over $3.5 trillion is projected to be lost to fraud worldwide in 2011 alone. The typical organization loses 5 percent of its revenues each year. While we have a lot to think about as entrepreneurs, we...
Six Quick Productivity Tricks So You Can Go Home Early
If you have an endless to-do list, you’re not alone these days. Most of us are constantly looking for ways to work smarter and get more done. Here are six quick tips to help your productivity so you can go home early. 1. Group tasks. If you have lots of errands to...
Five Favorite Freebies You Can Steal
If you’re looking for ways to boost your productivity, technology is a great place to start. The good news is there are many free options available. Here are five favorites you might not know about. 1. Bridge lines. If you need teleconference lines, you’re in luck: ...
Create an Easy, Head-Turning Elevator Speech
You’re sitting in a room with 30 other business entrepreneurs. Each of you has one minute to introduce themselves to the group. You are number 25 to speak. Will anyone listen? What can you do or say to catch your peers’ attention, be memorable, and have them...
Recognizing a Job Well Done
When was the last time you praised your employees or contractors? Hopefully, you’ve developed the good habit of frequently praising your team members, and if you haven’t, you’re certainly not alone. Most of us do not get enough praise, so there’s a strong likelihood...
Seven Ways to Wow Your Clients
One of the main reasons clients leave is because they feel ignored. The cost of ignoring clients is high; you have to do more marketing and replace those clients when they leave. The antidote to this is easy: just stay in touch more with clients, and let them know...