Category: Accounting
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The Accounting Puzzle
For the first time in years, I bought a jigsaw puzzle to put together. While some see it as a tedious, frustrating task, I found the process of assembling the puzzle very satisfying and somewhat relaxing. Sort of like accounting. What some see as pointless and frustrating I find satisfaction in assembling the puzzle of…
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How to Protect Your Debit Card
The debit card hacking debacle at Target was unraveling as I was traveling across country to visit family for the holidays. Being so far from home, canceling my debit card was not really an option. During a phone call with my bank I learned a lot about how to protect my debit card. Most banks…
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When to Set Up Accounting Software For Your Business
I am often asked when a business owner should set up accounting software for their new business. The short answer: the moment you decide to start a business. The moment you decide to start a business you start incurring expenses; web domains, business licensing, logo design, product development, legal fees, etc. These start-up expenses must…
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Budget is not a bad word
Just say the word “budget” and people change the subject. Their eyes glaze over. Budgets are useful for personal and business purposes and don’t have to be some giant detailed document that rules your life. It’s a guide; a plan; and it’s certainly not cast in stone. A budget reflects what you think/hope/want to happen.…
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People don’t buy what your business does; they buy why you do it.
I recently watched a Ted Talk given by Simon Sinek called ‘How Great Leaders Inspire Action’. The main point Simon made was that people don’t buy what your business does; they buy why you do it. That got me to thinking about why I do what I do. I accidentally started my business in early…
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Cash Flow
Cash flow. It is the backbone of your business. If you don’t learn to manage the money coming into and leaving your business it is nearly impossible to be successful. Just because you have a positive bank balance this week does not mean that you can afford to spend it on the latest and greatest…