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Author Archives: Sherrell T Martin

Identify the Top 4 Profit Killers

How to Identify the Top 4 Profit Killers

Pricing, ProfitabilityBy Sherrell T MartinJuly 16, 2019Leave a comment

From the outside looking in, running a business seems easy. But don’t let social media fool you; it’s hard. It can be even harder to run a profitable one. There are many things that you need to be aware of and stay on top of to ensure your business is a profitable one. Here is…

profit increase

Top 3 Pricing Strategies to Increase Your Bottom Line

Pricing, ProfitabilityBy Sherrell T MartinJuly 3, 2019Leave a comment

Pricing your products and services is one of the hardest things for a business owner to do. It’s not hard physically, but mentally. It is the one thing that can make or break your business. Pricing is not a task; it’s an art. In order to do it properly you have to be very in…

How to Prevent Loss of Profitability Using QuickBooks Online

Financial Management, Profitability, QuickBooksBy Sherrell T MartinAugust 16, 20171 Comment

Understanding profitability is a key task associated with managing the finances in your business.  You need to understand it at a deeper level than just total revenue minus total expenses. You need to know your profitability on a per project or per customer basis. Just like many other business owners, you are going about your…

How to Maintain Expense Receipts in the Cloud

Cloud AccountingBy Sherrell T MartinAugust 5, 2016Leave a comment

I hate paper. Unless it is green with pictures of presidents on it. Don’t judge me – you feel the same way too. But seriously – I hate paper and how it takes control of my desk, my dresser and my kitchen table. We, and by we, I mean you and me, consume so much…

How To Run Financial Reports in Xero

Cloud Accounting, Software Solutions, XeroBy Sherrell T MartinAugust 2, 2016Leave a comment

About a month ago, I did a #techtalktuesday tip on how to run financial reports in QBO. Well this week I am going to share a video on how to run financial reports in Xero. As I mentioned before, one of the questions I get most often asked is “can you send me the most…

Financial Strategy – The Fourth Pillar of Financial Success

Financial ManagementBy Sherrell T MartinJuly 22, 20161 Comment

Today we are going to talk about the last pillar – Financial Strategy which focuses on analytics, pricing and strategies to grow your business.  See most people think that you can just put up a shingle and poof business will come.  But it’s just not that simple.  So if you think that’s the way it’s going to…

Adding Users to Your QuickBooks Online File

QuickBooksBy Sherrell T MartinJuly 20, 2016Leave a comment

One of the great things about working in the cloud is that it makes it super easy to collaborate with others. Being able to work in your file simultaneously is a big time saver. Your accountant no longer has to come to your office for simple easy questions or even training. Once they have you…

Financial Systems and Solutions – The Third Pillar of Financial Success

Financial ManagementBy Sherrell T MartinJuly 15, 2016Leave a comment

  This is the third week now that we are talking about the 4 Financial Pillars of Success™. These pillars are what I believe are the foundation for your businesses financial success. We have talked about pillar one which was Financial Record Keeping and pillar two was Financial Management. This week we are talking about…

Financial Management – The Second Pillar of Financial Success

Financial ManagementBy Sherrell T MartinJuly 8, 2016Leave a comment

Last week I introduced you to my 4 Financial Pillars of Success™. If you recall these pillars are what I believe are the foundation for your businesses financial success. Last week we talked about pillar one which was Financial Record Keeping. Today we are going to discuss pillar two which is Financial Management .  This pillar…

How to Close The Books in QuickBooks Online

Cloud Accounting, QuickBooksBy Sherrell T MartinJuly 5, 2016Leave a comment

Often times clients and business owners I train on QuickBooks Online ask if there is a way to close the books on a monthly basis in QuickBooks Online. And the answer is yes. The main time to close your books is at the end of the year after the tax return is completed. Once your return…

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