Category Archives: Accounting

Have Your Layer Cake and Eat It Too

Posted on June 23, 2016 by accelerator

The best cakes have layers and layers of different delicious flavors to enjoy. Stacked on top of one another, each layer is baked separately and becomes part of the whole. Like a layer cake, your business expenses have layers of … Continue reading →

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Marketing by the Numbers

Posted on April 28, 2016 by accelerator

Two very important skills for entrepreneurs to master are marketing and finances. Combine them by understanding the numbers behind marketing, and you have an even more powerful understanding of exactly what makes your business tick. Key Numbers – Cost Per … Continue reading →

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Boost Your Accounting Know-How with These Terms

Posted on March 31, 2016 by accelerator

Outsmart your accountant and other financial friends with these accounting-related definitions: Fiscal Year Most companies report their results on a calendar year, from January 1 through December 31. Some companies use a different year for reporting, and that’s called a … Continue reading →

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Get Finance-Savvy with 10 Accounting Terms

Posted on December 10, 2015 by accelerator

It’s good to know some basic accounting terms, and here are ten terms with friendly definitions for your review. Asset:  Essentially, assets are what you own.   These include your bank accounts, business equipment, and even the amounts that customers owe … Continue reading →

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Three Costly Accounting Mistakes to Avoid

Posted on October 15, 2015 by accelerator

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 … Continue reading →

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Your Daily Numbers

Posted on September 3, 2015 by accelerator

Some numbers need reviewing on a daily basis, and one example of this is cash.  When cash is coming in from a number of places, it’s great to have a daily summary of what was collected. It’s also great to … Continue reading →

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Oops: Do You Owe Sales Tax and Not Realize You Do?

Posted on June 26, 2014 by accelerator

One of the side effects of our last economic slowdown was in state government budgets; states searched hard for new income, and many of them found a great source by cracking down on sales tax collections.  Their new hot buzzword:  … Continue reading →

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Five Ways to Go Green with Your Accounting

Posted on March 6, 2014 by accelerator

With St. Patrick’s Day and spring arriving, March is a great month to have “green” on the mind.  There are green shamrocks, green beer, the green of new vegetation, and there’s even green accounting too.  Here are five ways to … Continue reading →

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How to Avoid Seasonal Bumps in Your Cash Flow

Posted on February 20, 2014 by accelerator

Many businesses operate with seasonal peaks and valleys.  Retail stores just completed their busy holiday season.  Construction contractors are busy when the weather is good.   Accountants are very busy from January through April, but also experience a quarterly peak in … Continue reading →

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Is Your Business Using the Right Accounting System?

Posted on February 6, 2014 by accelerator

Have you ever tried on a shirt or jeans and found they didn’t fit at all?  They looked great on the hangar, but that was the end of it.  Accounting systems come in all sizes, shapes, and colors just like … Continue reading →

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