Posted on Mar 25, 2014 One of the nightmares for every small business owner is getting that letter in the mail, or that phone call telling them they’re going to be audited. Fear and panic will be your first reaction; [...]

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 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 [...]