Category Archives: Business Tips

Five Places Where Spending More Pays Off

Posted on February 7, 2013 by admin

It’s generally a good idea to keep overhead costs low so that your business profits will be higher.  This is especially true with items that are easily commoditized and fairly standardized, such as utilities and rent.  But there are times … Continue reading →

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Five Places to Find More Profits

Posted on January 24, 2013 by admin

It’s always a good idea to be on the lookout for ways to increase your profits, and luckily, there are many ways to do that.  One way is to focus on cost-cutting, and here are five places that are good … Continue reading →

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The Entrepreneur’s Paycheck

Posted on January 10, 2013 by admin

As business owners, we may be so busy making sure the bills get paid and the product gets out the door that we may not be quite as proactive about our own compensation.  To pay themselves, many new business owners … Continue reading →

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Planning for an Awesome 2013

Posted on December 27, 2012 by admin

For businesses with fiscal years that coincide with the calendar year, the slate of revenues and expenses will be wiped clean on New Year’s Day.  Starting with a clean slate gives us a chance to reflect on our 2012 results … Continue reading →

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Five Hidden Talents of Your Accountant

Posted on December 13, 2012 by admin

When you think of an accountant’s duties, you might think about traditional tasks, such as tax preparation, bookkeeping, and financial statement preparation.   Here are five additional tasks that accountants can help with that you might not think of. 1. Evaluating Current … Continue reading →

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Seven Year-End Adjustments to Make to Your Books

Posted on November 29, 2012 by admin

Year-end is coming up for many businesses, and it’d be nice to know what your final revenue and profit numbers will be for the year.  Before we can calculate these key numbers, there are year-end adjustments that may need to … Continue reading →

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Five Things You Can Do to Make Tax Season Smoother

Posted on November 15, 2012 by admin

We know we’ll never make tax season your favorite time of year, but perhaps we can make it easier.  Here are five things you can do now to smooth out the time required to pull your records together for your … Continue reading →

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Is Your Business Missing an Accounting Skillset?

Posted on November 1, 2012 by admin

In a small business, the owner ends up wearing many hats to get the product or service delivered, the customers served, and the accounts settled.  Within each functional area of a small business, there are even more hats.  Although the … Continue reading →

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Compliance Checklist: Seven Items You May Have Forgotten

Posted on October 18, 2012 by admin

Running a business is filled with regulations everywhere you turn.  These can drain precious time away from the core of your business, but if you ignore them, there could be huge financial consequences you may be risking without even realizing … Continue reading →

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Are You Vulnerable to Fraud?

Posted on October 4, 2012 by admin

According to the Association of Certified Fraud Examiners (ACFE), over $3.5 trillion is projected to be lost to fraud worldwide in 2011 alone.  The typical organization loses 5 percent of its revenues each year.  While we have a lot to … Continue reading →

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