Training Fido to Fetch More than a Bone

While “fetching” might be what some trained dogs can do, accounting systems are getting into the act too. This relatively new feature is called “receipt fetching,” and it’s when an app can retrieve documents directly from the vendors that you do business with so you don’t have to spend so much time on paperwork retrieval. […]

Setting Up Products and Services

  The products and services your business sells make it unique. The same thing is true of how these items are set up in your accounting software.  Whether you’re using QuickBooks Online or something else, setting up products and services correctly can impact the quality of the information you can get out of your accounting […]

Should You Have a Financial Dashboard?

A quick glance is all you need to check your fuel gauge, speed limit, engine temperature, and RPM when you’re driving down the road. Your car’s dashboard is designed to focus you on what’s important and what you need to know to have a safe trip.  If you run a business you have a financial […]

How to Survive a Worker’s Comp Audit

If you have employees, you have the distinct honor once per year of being part of a worker’s compensation audit.  You likely receive a form in the mail, an email request, or a phone call that will ask you about your payroll numbers and employees for the prior year.   Worker’s compensation is an insurance […]

Evaluate Your Marketing Spend

One of the most important success factors of small businesses is the ability to generate revenue.  To do that most businesses need to market their services and products to bring in new customers and sales. The challenge for small business is how to make their marketing dollars work the hardest, and this requires careful tracking […]

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 […]

What Is Reasonable Compensation for a Shareholder?

Reasonable compensation is a term you want to be familiar with when valuing your company and your shareholder compensation.  As business owners, we have the privilege and responsibility of setting our own wages.  However, how much we take impacts the profits we report on our financial statements. Why should I use it? The health of […]

Cool Apps: Amazon Echo

Did you ever want a secretary that could answer questions all day? Amazon has a cool app: Amazon Echo.  While Amazon’s Echo product can’t fetch coffee, it can perform all sorts of digital tasks that come up in daily life at work and at home. Many Choices: There are three types of Amazon Echos: The […]