Category: Accounting
-
Do You Have a Backup Plan?
I was hanging out in a coffee shop working the other morning, and the internet connection went down. As was my habit, I was working from the hotspot on my iPhone, so it wasn’t an issue for me. I overheard the staff tell customers they couldn’t take credit card payments because the internet was down.…
-
Leverage Technology to Grow Your Business
I meet many business owners whose businesses are growing but are stuck because there’s not enough time in their schedule to work with clients and take care of the administrative side of things. There are a couple ways to get beyond this challenge. One way to serve more clients is to outsource. What do you…
-
It’s Too Expensive
I don’t usually write about books I read. However, reading This Book is About Travel by Andrew Hyde got me thinking. In spite of the title, the book is about much more than travel. It’s about getting out of your comfort zone. The author gave away everything he owned and traveled the world for 16…
-
Get Out and Expand Your Mind
About a month ago I attended the Xerocon conference in Denver, Colorado. It’s the annual conference for Xero, beautiful accounting software. And I am so glad I invested in me and my business to attend this conference. It’s easy to get lost in the day to day rush of running our businesses. However, it’s important…
-
The Hidden Cost of Free
As business owners, we try to control costs as much as possible. As an accountant, I’m all for controlling costs. However, there is a fine line between running your business lean versus cheap. In the long run, cheap can cost you more. This is true when selecting software tools to support back office operations. I…
-
Another Way to Protect your Data
There’s no end of articles out there telling you how to protect your data. Having strong passwords is obvious. But think about employees and independent contractors that have access to your online data. When is the last time you reviewed who has access to your online accounts? People move on, and task assignments change. People…
-
Save Money By Filing Your Tax Return on Time
Tax day approaches. For individuals and businesses who follow the calendar year, your tax return is due by April 15, 2015. It is true you can request an extension to delay filing your taxes. Here’s why you should file your tax return by April 15: File Your Taxes Now and Know What Changes to Make…
-
Are you a victim of fraud?
I have had the misfortune on several occasions to speak with business owners who were victims of fraud. Fraud can destroy your business by the way of ruined relationships and cash flow problems that force you into bankruptcy. Regardless of the size of your business, you don’t have to spend a lot of time and…
-
Stress and the value of time
As I write this, the holiday season is in full swing. Anyone with a product or service to sell is marketing like crazy. Just take a look at your postal mailbox and your email for proof. It takes extra effort just to sort through all that for what you need. Along with the day-to-day activity…
-
Improving your Collections Chances!
I recently had an unfortunate experience with collecting payment from a client. I would like to share some information with you so that you will, hopefully, not have to go through this as well… I had an unresolved invoice from a client and after many attempts on my part to collect the debt, I had…
