by Fran McCully | Apr 13, 2020 | Business Tips, Cost-Savings Tips, Expense Reduction Tips, Profitability Tips
For many small businesses, it’s time to get scrappy and entrepreneurial when it comes to cash flow. Here are dozens of ideas to make it through the next few weeks or months. Rearrange your 2020 budget. There are lots of things you won’t need to spend money on this...
by Fran McCully | Feb 14, 2019 | Decision-Making Tips, Expense Reduction Tips
One of the biggest things that can cause fights in a marriage is money. No matter where you are in a relationship, it’s a good idea to discuss these major money topics so you’ll know where you stand. Show me the money: Combine or keep separate...
by Fran McCully | Jan 12, 2017 | Accounting, Bookkeeping Tips, Business Tips, Expense Reduction Tips, Profitability Tips
Tracking business expenses is essential for staying profitable and predicting future trends. Besides managing employees, monitoring inventory, and overseeing operational aspects, being concerned with the cash flow is critical. Entrepreneurs should always be looking...
by Fran McCully | Dec 19, 2016 | Bookkeeping Tips, Business Tips, Expense Reduction Tips, Profitability Tips
Many small business owners are focused on growing sales. When there is cash in the bank and customers coming through the door, a lot of business owners don’t take the time to see how money is being spent. What jobs or products are the most profitable? It seems...
by Fran McCully | Aug 8, 2013 | Accounting, Bookkeeping Tips, Business Tips, Expense Reduction Tips, Management Tips, Profitability Tips
You might have heard the terms “cash basis accounting” or “accrual accounting.” Your net income number can change depending on which method your books are set up for. Here’s a simple explanation of the difference, with a little help from one of the most famous...
by Fran McCully | Jul 11, 2013 | Accounting, Bookkeeping Tips, Business Tips, Cost-Savings Tips, Decision-Making Tips, Expense Reduction Tips, Profitability Tips
When you hear the word “budget,” what do you think about? Most people would say something similar to “Ugghh!” If you would rather do just about anything besides create a budget, you’re not alone. The word “budget” brings up connotations of endless numbers,...
