These days, the hot advice many business owners are getting from their well-intentioned friends is that they should treat all of their employees as contractors instead of full time employees. As a cost saving strategy, this appears to make sense, [...]
Posted on Mar 25, 2014 $HOW ME THE MONEY!!! In fact, show me lots. The more the merrier. Money comes in pretty handy when you’re trying to run a small business, you can’t keep the doors open and the lights [...]
Posted on Mar 25, 2014 Are you stuck on Likes Plateau with only well-wishing family & friends on your Business Page? Think you’re committing some social media crimes but aren’t sure how to change your bad habits? The following (in [...]
Posted on Mar 25, 2014 Now that you’ve had an introduction to the Balance Sheet and the Income Statement, you’re ready to take your new found knowledge to the next level. Consider developing a monthly dashboard. By that we mean; [...]
Posted on Mar 25, 2014 As a small business owner you need to get very comfortable with one of the key areas of your business…FINANCE!! Ah…I can hear it now, “FINANCE! No way, that stuff is for weenie accounting people…..BORRRRRING!!” [...]
Posted on Mar 25, 2014 If you recall, in $HOW ME THE MONEY, we introduced you to the Aged Trial Balance report (ATB), the report your collections department uses to collect money. Most small businesses will use this report for collections [...]
Posted on Mar 25, 2014 How long does it take for your eyes to glaze over when your accountant/bookkeeper starts speaking accounting? Depreciation Amortization Accrue Withholding taxes…. Ahhhhh…..the sound of heads exploding everywhere…. Hang in there, help is here!! We’ve [...]
Posted on Mar 25, 2014 Financial Statements Made Simple Income Statements 101 Revenue & Cost of Goods Sold Part 2 of 3 All Income Statements start with the good stuff….Revenues. Revenues are the sales dollars generated from your normal course [...]
Posted on Mar 25, 2014 Financial Statements Made Simple Income Statements 101 Part 1 of 3 How did your small business do last month? Did you have a Net Income or a Net Loss? If you don’t have an answer [...]
Posted on Mar 25, 2014 Financial Statements Made Simple Balance Sheets 101 Part 1 of 3 Are you the typical small business entrepreneur doing all the work and struggling to know your numbers? When was the last time you looked [...]
