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Author Archives: Sherrell T Martin

EXPENSE VS EXPENDITURES: WHAT’S THE DIFFERENCE?

Financial ManagementBy Sherrell T MartinAugust 30, 20122 Comments

This week’s blog will be short and sweet.  I was having a conversation with a client and she kept saying expenditure and I kept saying expense.  When finally she asked, “Well what’s the difference?”  Well believe it or not, there is a difference.  A subtle one – but a difference none the less.  And depending…

I LOST MY BUSINESS BECAUSE I NEVER OPENED MY MAIL

Business ManagementBy Sherrell T MartinAugust 24, 20121 Comment

It seems like such a simple thing.  Check the mail. Open the mail.  Check the mail.  Open the mail.  It really is such a simple process, right? Then why do I constantly go into offices and they hand me a stack of unopened envelopes.  As a business owner, you are constantly throwing money out the…

5 BENEFITS OF USING QUICKBOOKS AS YOUR ACCOUNTING PACKAGE

Business Management, QuickBooksBy Sherrell T MartinJuly 19, 20121 Comment

There are so many software programs out there.  They range from simple to robust; from inexpensive to extremely expensive.  So how do you know which one is the best one for you?  You have to do you due diligence and research, research, research.  As a small business owner, and even a medium size business owner,…

IS YOUR BUSINESS MAKING A PROFIT OR IS IT REALLY BREAKING EVEN?

Financial ManagementBy Sherrell T MartinJuly 12, 2012Leave a comment

Profit (n.): the excess earnings over expenditures you make from providing services or selling products Breaking Even (adj.): the point or level of financial activity at which expenditures equal income; no profit or loss Is your business making a profit?  Most people truly believe they are.  But if they were to sit down and really…

TOP 5 MISTAKES BUSINESS OWNERS MAKE WHEN USING QUICKBOOKS

Business Management, QuickBooksBy Sherrell T MartinJune 21, 20124 Comments

As a small business owner, your desire is to do things the right way. And one of those things is to track your expenses.  So what do you do?  You go out and buy QuickBooks or some other small business accounting program.  And then you make the #1 mistake all businesses make when they purchase…

SHOULD I HIRE AND EMPLOYEE OR A CONTRACTOR?

Business ManagementBy Sherrell T MartinJune 15, 2012Leave a comment

Should I hire and employee or a contractor?  This is a question small business owners ask A LOT.  And the answer is ….it depends.  I am going to share with you the top five things to consider when hiring an employee or contractor and these differences will help you can decide which option works best…

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