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Author Archives: Sherrell T Martin

5 Quick Tips To Prevent Year-End Payroll Drama

Business Management, PayrollBy Sherrell T MartinJanuary 8, 2015Leave a comment

Well it’s that time of year again – Tax Time! And the very first filings that have to be done are the quarterly returns for the last quarter of last year.  You also need to prepare and distribute W-2s and 1099s.  Before you start preparing these forms you need to get a few ducks in…

5 Quick Cash Flow Tips for Your Biz

Cash FlowBy Sherrell T MartinJanuary 5, 2015Leave a comment

Small business owners struggle with one thing consistently – cash flow.  And cash is the life blood of your business.  Without good cash flow management skills your business will suffer because you will miss due dates on bills and you won’t be able to make payroll. And as a result you will be completely stressed…

What I Learned About Starting My Business

Business Management, My ThoughtsBy Sherrell T MartinDecember 27, 2014Leave a comment

Starting a business is no easy task.  Regardless of what anyone tells you or shows you, don’t believe the hype.  Regardless of what you see on social media, don’t believe the hype. See I knew better than to believe the hype but I did anyway.  I tried to mimic and do what I saw others…

5 Signs You Are Ready to Upgrade to an Accounting System

Financial Management, Software SolutionsBy Sherrell T MartinDecember 8, 2014Leave a comment

The past couple of months I have been approached by several business owners looking to get QuickBooks.  And some of the questions they always ask are “Why can’t I keep using excel?” or “Do you really think I need to get QuickBooks?” To which I always answer is “Um YES!” Using an accounting software awards…

GUEST POST: 12 Reasons Your Budget Isn’t Working

Budgeting, Financial Management, Guest BlogsBy Sherrell T MartinNovember 14, 2014Leave a comment

I recently came across this post.  And while I am not sure when it was written, I still deemed it important to post.  While the content was created for budgeting for personal finances, every single point is relevant to business finance budgeting as well.  Every point was so dead on that I couldn’t have said…

5 Sure Fire Ways To Increase Your Business Bank Balance

Budgeting, Cash Flow, Financial ManagementBy Sherrell T MartinNovember 9, 2014Leave a comment

So I have shared quite a bit with you about how to manage your finances and creating budgets.  But what you really want to know is how to increase your bank balance – permanently.  So here’s the one sure fire way to increase your bank balance.  SAVE Yep that’s it.  How you ask?  The same…

5 Budget Mistakes Your Business Can’t Afford to Make

BudgetingBy Sherrell T MartinOctober 5, 2014Leave a comment

As we head into the 4th quarter, you are super focused on ending the year with a bang, right?  It is also the best time to start thinking about your plans for the upcoming year.  Take a look at your current year to date actual figures and answer these questions:  How have you done so far…

Why is bookkeeping so undervalued?

Business Management, Financial ManagementBy Sherrell T MartinJuly 30, 2014Leave a comment

Accounting is the recording of financial business transactions in a systematic way.  It encompasses the process of summarizing, analyzing, and reporting these transactions in a comprehensive way.  It is one of the most important jobs or tasks of a business.  This act of organizing financial data can tell you all sorts of things about your…

5 Lies That Keep Your Business Broke

Business Management, Cash Flow, Financial Management, My ThoughtsBy Sherrell T MartinJuly 23, 2014Leave a comment

Operating a business requires continuous cash inflow and outflow.  And I’m not necessarily talking about no small potatoes.  Sometimes there are some big ticket items weighing us down and we harbor them and hold them close and then implement other processes that end up hurting us in the long run. These processes are not written…

4 Reasons Outsourced Accounting Is For You

Business Management, Cloud Accounting, Financial ManagementBy Sherrell T MartinJune 27, 2014Leave a comment

At least once per day someone shares with me how much they dislike doing accounting; yet they have a million reasons why they keep handling it themselves. STOP DOING IT and OUTSOURCE IT! So here are 4 reasons why outsourcing is right for you and why you should be like Nike and Just Do It! 1. Expert…

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