As a business owner, you want to be able to accommodate your clients in various ways. One of those ways is how you accept payment for your products or services. It would be a terrible thing to lose a sales because you don’t accept a certain payment method. There are basically only three forms of…
When I worked at a public accounting firm, one of things I liked but didn’t like was going to clients. I wanted to work from close to home and not have to deal with traffic every day. While DC, MD & VA are a hop skip and a jump from each other, when you…
Have you ever rushed your payroll just so your employees were paid on time and either made mistakes or missed someone’s payment? If so, you know that it is difficult because the task of payroll can feel like a full-time job depending on how many employees you have. So what do you do? Many people…
One of the hardest things to get a handle on as a business owner is your finances and how you can support your business and your personal life. You have to have a good plan in place in order to be able to still handle all your expenses consistently without any issues. So the first…
Helping other people with their record keeping has taught me one thing – people are making some serious mistakes when it comes to managing their cash flow. And with technology constantly changing, the mistakes are evolving. No matter how large or small the company, the mistakes are always the same. And with cash flow being…
Running a business takes more than just skills and talents. It takes a ton of systems to help keep your business running like a well oiled machine. You need systems for you accounting department, of course; systems for your administrative details; systems for your operations and systems for marketing. One of the most important systems…
Performing a SWOT analysis when you start creating or building your business is an important key to the success of your business. A SWOT analysis is a strategic planning method that is typically used for any major decision making situation. It consists of analyzing and determining what internal and external factors have both positive and…
Many contractors tell us they use a variable markup or margin to price their jobs. There is a widespread belief that using a variable pricing methodology works best. The mindset is that sometimes you have to adjust your price to get the job. It might be a widespread belief, but too often we’ve seen contractors…
I almost didn’t right a blog this week. Why you ask? Well if I can be real – I didn’t feel like it. It’s the first week of school, I had to do my blog, my video & my ezine, I had to prepare for my last a business development class early next week, I…
Have you spent the last four months pouring over spreadsheets and trying to track down missing receipts? Did you vow that you’ll be more prepared for tax time? It’s not too late to start! Handling your business books may be the last thing that you want to do, but procrastination will only make it worse.…
