Five Places to Find More Profits

It’s always a good idea to be on the lookout for ways to increase your profits, and luckily, there are many ways to do that.  One way is to focus on cost-cutting, and here are five places that are good to periodically review for cost-cutting possibilities. Telephone Re-negotiating with the phone company every one to two years is a really …

Use QuickBooks’ Tools — and Common Sense Procedures — To Prevent Financial Fraud

You work hard for your money. Strong internal controls can keep it from disappearing unnecessarily. You trust your employees or you wouldn’t have hired them. That’s what everyone says as they watch a valued staff member being hauled off in handcuffs. But I trusted him. Whether your accounting tasks are done on one PC or you have multiple users working …

Like Accepting Checks But Hate Those Trips to the Bank?

There’s no reason to add 20 minutes to your day just to deposit checks. Intuit has an electronic solution for you. Check? What’s a check? You’ve probably heard people say that. The popularity of online bill-pay and credit or debit cards has led to the demise of many paper checkbooks. But a lot of your customers may still be using …

Five Places Where Spending More Pays Off

It’s generally a good idea to keep overhead costs low so that your business profits will be higher.  This is especially true with items that are easily commoditized and fairly standardized, such as utilities and rent.  But there are times when increasing expenses pays off nicely, and here are five areas to consider so you can reap the rewards. Training …

The Entrepreneur’s Paycheck

As business owners, we may be so busy making sure the bills get paid and the product gets out the door that we may not be quite as proactive about our own compensation.  To pay themselves, many new business owners take what’s left after employees and vendors have been paid, and that ends up being their paycheck. I’d like to …

5 Bottlenecks to Avoid that Stump Your Business Growth

5 Bottlenecks to Avoid that Stump Your Business Growth As a business owner, you have likely acquired many skills and are wearing many hats in your business. Although admirable, your versatility can often lead to slower growth for your company. This happens when you become the bottleneck. Here are five places to check to make sure you haven’t become the …

QuickBooks Bill Paying Tools

QuickBooks’ Bill-Paying Tools Make Tracking Easier, Cash Flow More PredictableIf you’re just writing one-off checks to pay bills, you’re missing out on many benefits. QuickBooks’ Calendar and Reminders help you manage your vendor bills and expenses. But if you use the program’s built-in tools to record and pay bills, tracking them will be much more effective. You can: Avoid paying a …

Five Tips to Speed Up Cash Collections

Five Tips to Speed Up Cash Collections If your accounts receivable balances are edging up and getting older and older each month, then it might be a good time to bring out the aging reports.  But what if we looked earlier in the cycle to see what we could do to collect the sales even sooner?  Let’s take a look …