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Author Archives: Sherrell T Martin

6 SAAS Must Have Apps For Small Businesses Working in the Cloud

Cloud Accounting, Software Solutions, Technology TipsBy Sherrell T MartinJune 30, 2015Leave a comment

Every day more and more business owners are converting to the cloud. Working in the cloud allows your business to be able to access your data anywhere and anytime, have mobile access and you don’t have to worry about maintenance and upkeep for your software. As a provider of cloud based solutions, we have a…

How To Use Budgeting To Save Your Business

Budgeting, Financial ManagementBy Sherrell T MartinMay 24, 2015Leave a comment

It continues to amaze me how many businesses don’t want to create a budget.  They would rather operate their business blindly than to create a profitable plan so they can prosper in the upcoming year. Not having a budget can cost you a lot of time and money.  Unnecessary time and money.   So I am…

Solo-Preneur or Small Business Owner – Which one are you?

Business Management, MindsetBy Sherrell T MartinApril 21, 2015Leave a comment

This is a question that gets asked often. And it surprises me how many business owners consider themselves solo-preneurs, even with revenues well over $0.5m and even as high as $1m. So first let’s define each one. A solo-prenuer is someone who work for themselves and pretty much by themselves.  They are the Chief Everything…

Income You DON’T Pay Taxes On

Financial Management, TaxesBy Sherrell T MartinMarch 20, 2015Leave a comment

We are all in business to make money right?  But we are not in the business of paying Uncle Sam.  We want to keep as much of our money as we possibly can, especially from him. So as a small business owner, what do you do?   You learn the difference between cash basis and accrual…

How to Avoid Paying More Taxes Than You Have To

Financial Management, TaxesBy Sherrell T MartinMarch 15, 2015Leave a comment

Every year a gazillion tax preparers and tax accountants lock themselves in a room from mid-January until April 15th and push out as many tax returns as they possibly can. Tax returns that show you how much money you owe Uncle Sam or how much he owes you if you’re lucky.  Included with your return,…

Tax Mistakes Every Business Owner Makes

Financial Management, TaxesBy Sherrell T MartinMarch 6, 2015Leave a comment

Every person in the world feels that they do not have to do right by the tax man.  So why would you think someone running a business would be any different?  Every day business decisions are made that revolve around cash flow and who always gets the short end of the stick?  The owner’s salary…

How smart is your money

Is Your Money SMART?

Budgeting, Business Management, Financial ManagementBy Sherrell T MartinFebruary 25, 2015Leave a comment

Everyday we wake up and go to the office to earn a paycheck. Whether it’s a paycheck as an employee or a paycheck as the owner of our own company. Our goal is to make income/money so that we can support our families. And maybe even a little entertainment as well. All work and no…

Metrics That Boost Your Bottom Line

Cash Flow, Financial ManagementBy Sherrell T MartinFebruary 17, 2015Leave a comment

In order for your business to grow you need to be monitoring your metrics. You cannot expect your business to magically take flight if you have no idea what is going on in it.  And by going on I don’t mean just in operations because that is just one side of the house. You need…

Legal Lessons Learned That Can Blow Your Bottom Line

Business ManagementBy Sherrell T MartinFebruary 17, 2015Leave a comment

During the past year some of my clients along with myself have experienced some legal woes that have had major effects on our bottom-line. These lessons range from small to large. The bottom line is as a business owner you have to be sure that you protect yourself. You have to be sure that you put…

GUEST POST: 8 Accounting Mistakes That Are Causing Your Business To Lose Money

Guest BlogsBy Sherrell T MartinJanuary 24, 20152 Comments

Accounting is one of the most important aspects of any growing business. Keeping abreast of all the financial developments in your company is difficult but necessary for a lot of reasons. Organization, of course, is key to the success of any accounting department. Even if your company doesn’t have an established accounting department, it’s important…

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