by Fran McCully | Oct 3, 2013 | Business Development, Business Tips, Management Tips, Profitability Tips
As we move into the fall season and the final quarter of the year, it’s a perfect time to commit to a project in your business that will help you reach the year’s end in better shape. Here are five ideas: 1. Back-to-School Time If payroll expenses are one of...
by Fran McCully | Sep 5, 2013 | Accounting, Bookkeeping Tips, Business Development, Business Tips, Management Tips, Profitability 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...
by Fran McCully | Aug 22, 2013 | Business Development, Business Tips, Customer Service Tips, Management Tips, Profitability Tips
In the vast majority of industries, referrals are the most cost-effective way to gain new clients and grow your business. When you attract new clients through referrals, your marketing costs are lower, your selling process is easier and more effective, and the...
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,...
by Fran McCully | Jun 27, 2013 | Accounting, Business Tips, Cost-Savings Tips, Profitability Tips
Technology has allowed businesses to make substantial improvements in their customer invoicing processes. The good news is that when you implement these technologies, you will almost always get paid much faster. If it’s been a few years since the last time you’ve...