by Fran McCully | May 18, 2017 | Business Tips, Cost-Savings Tips, Profitability 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 spend too much on the other and it can leave you broke. An expense is best-described as...
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 | Jan 5, 2017 | Accounting, Bookkeeping Tips, Profitability Tips, Time Management Tips
Managing your books is a cumbersome but critical task for any business. It is very time-consuming, frustrating, and could mean working late hours. However, it has to be done to know the worth of your business and to satisfy the government for taxes. You also need to...
by Fran McCully | Dec 28, 2016 | Business Development, Management Tips, Profitability Tips
While some business owners are content with the size of their business and do not care to grow, the majority of the entrepreneurial world is looking for ways to become a bigger and better industry. Over 35 percent of small-business owners see their challenge as...
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 | Dec 16, 2015 | Accounting, Bookkeeping Tips, Business Tips, Cloud Accounting, Cost-Savings Tips, Profitability Tips, QuickBooks Help, QuickBooks Software, QuickBooks Training
Get Ready for 2016: QuickBooks Can Help We’ll be ringing in the New Year soon. Will you have wrapped up your 2015 finances by then? There’s something very satisfying about turning our calendars to January. It always feels like a fresh start. We resolve...