Cost-Savings Tips
Three Costly Accounting Mistakes to Avoid
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 the time. Correcting them will help you be more productive and profitable in your business.…
Read MoreFive Ways to Go Green with Your Accounting
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 make your accounting a little more green. Business Receipts    When you spend money…
Read MoreFive Tips to Get Ready for a Pain-Free Tax Time
With the holiday season just around the corner, it’s a perfect time to get your financial records in order. Tax moves you make now can mean finding more “green†to spend on family gifts and festivities. Here are five quick tips for you to feel more prepared about your financial status as you go into…
Read MoreFive Best-Practice Accounts Payable Tips for a Smoother Cash Flow
Watching the cash balance is one of the most frequent activities of a small business owner. Besides making sure you have enough cash for payroll and bills, there is another huge opportunity you can benefit from: lowering the cost of processing your bills. It can be expensive and time-consuming to process bills and handle the…
Read MoreBudgeting Breakthrough
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, constraints, the opposite of freedom and creativity, and hard work, none of…
Read MoreNeed an A/R Makeover? A Quick, 5-Item Best Practice Checklist
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 changed your accounts receivable processes, it’s time for a new look. Here are…
Read MoreFive Cash Leaks to Avoid
Cash flow improvement is a hot issue for small businesses; in many businesses, it seems like there is never enough cash when you need it. The last thing a business owner wants is to reduce their cash balance unnecessarily. To help you preserve or increase your cash, here are five cash management leaks to avoid.…
Read MoreThe Fine Art of Prioritization
Running a business usually means putting in over 40 hours a week. In fact, if you’re the typical entrepreneur, you have more ideas you want to implement than you have time for! That’s when proactive, strategically executed prioritization can make all the difference. So Hard to Choose   If you have lots of ideas…
Read MoreWhat Is Cloud Accounting?
One of the most exciting changes in the accounting industry is cloud accounting. The concept is easy to grasp: cloud accounting simply puts your accounting system in a private space online so that it is fully accessible to you via a browser or a secure remote connection. Two Ways to Be in the Clouds There…
Read MoreFive Ways to Protect your Cash
As entrepreneurs, we work hard for our money, and the last thing we need is to have it disappear due to fraud, hackers, or identity theft. Some people have called 2013 the year of the hacker, which is worrisome. But you’re far more likely to experience risks with disgruntled or financially desperate employees and contractors. …
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