The Concept of Internal Control   

 Internal control is a very special phrase in the accounting profession. Tactically, it’s the set of processes that help a company produce accurate data throughout the organization, follow reporting requirements and laws, and maintain consistency and accuracy in its operations. Strategically, it’s an entirely new way of thinking and doing business.   Internal control helps […]

Five Fun Customer Perks to Set You Apart in the Marketplace

It’s always fun to surprise and delight your customers with customer perks. This puts a smile on your client’s faces. It also boosts loyalty, and is fun for your employees too. Here are five fun customer perks to set you apart in the marketplace Handwritten thank you note. Email and social media have all but […]

Filed an Extension? Five Tips to Make Tax Time Painless

Filed an Extension? Five Tips to Make Tax Time Painless Some people filed an extension and have until October 15th. The deadline to file on April 17th has already passed. Tax time is probably not your favorite time of year, especially if you have to pay the government your hard-earned dollars. Here are five tips […]

Transition from Sole Proprietorship to LLC

Sole Proprietorship Sole proprietorship is by far one of the most basic form of business to start. This is typically where an individual operates his or her own business. The advantage of a Sole Proprietorship is that it involves little or no paperwork and can be easily managed by anyone. However, the downside is that the […]

Five Places Where Spending More Pays Off

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 when increasing expenses pays off nicely, and here are five places where spending more pays […]

The Death of the Annual Performance Review

If you have employees, you probably also have a process to help them understand how they are doing on their job performance. There’s a new trend in large companies to kill the annual performance review and replace it with continuous, instant feedback as well as a tool called an after-action review.  This trend is the […]

Five Ways to Add Pizzazz to Your Customer Service

It’s the little things that add up to make an exceptional experience for your customers. Here are five “little things” you can add to your services to create an exponentially memorable connection with your customers.   Generosity   Add a little extra something to the products or services you offer. It could be a piece […]

Equifax Data Breach – What To Do Now

Equifax is one of the nation’s three major credit reporting agencies. The Equifax data breach occurred exposing the personal information of 143 million Americans. Names, Social Security numbers, Birth dates, addresses and, in some instances, drivers license numbers. The hackers also stole credit card numbers for about 209,000 people and dispute documents with personal information on […]

Tools to Run Your Business

If you stop to think about what it takes to make a business successful, it’s not solely based on the average number of sales you make.  Technology is as powerful as a person’s ability to make sales. Selecting the right type of tools to run your business will help increase efficiency and profitability. Below is […]

10 Ways to Protect Yourself from Identity Theft

In this day and age, you can never be too careful about protecting your identity. Identity theft is when someone uses another person’s identity to receive money, credit, or purchases .   Here are 10 ways to help you NOT become a victim of identity theft: 1. Secure your computer – As much as we don’t want […]