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Small Business




Cash-strapped businesses must make every dollar count. Excess inventory is a drain on resources as is idle unbilled time. Increasingly companies are turning to barter as a way to boost sales by converting excess goods and capacity into something that can be used for business. And they’re doing it while saving precious cash for those […]

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What concerns small business operators above all? Our consultations with them indicate it’s a relative measure of insecurity about what the near future holds. Well, lacking a small business fortune teller, if one existed, here’s a peek at what 2014 might look like, reading our own tea leaves: How About Help from Lawmakers? We expect […]

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Whether or not a worker departs your business friendly and on their own terms or from being fired for cause, there are several steps a company must take to protect its security, viability and reputation.  When an employee leaves it typically is at a  moment more important than when they first join your staff, because a new […]

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Launching a small business enterprise is always a challenge, but keeping it successful and growing it is the real hurdle. An huge number of new company startups struggle to turn a profit and only a small percentage will persevere to go on to become bigger and more successful. So what steps can small business owners and managers take to […]

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Late last year a post by Angie Mohr on Intuit’s Small Biz Blog attempted to differentiate between an accountant and a bookkeeper.   It helps to know the difference when you decide what is actually needed. Especially if you want to get good value pricing return on service. “Many times it depends on the industry and […]

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Launching a new enterprise is a formidable and hectic time. There is much to be accomplished and limited time to accomplish it. If you intend to have employees, there are a variety of federal and state forms and applications that will need to be completed to get your new business up and running.   Employer […]

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Note: Don’t miss the upcoming Cloud9 Real Time 2013 Summit in San Diego Bay on August 14-16 to get up to speed fast on all things related to accounting and cloud-computing. In recent times hurricanes, wildfires, earthquakes, and electrical blackouts caused company owners and accounting pros to reflect on disaster recovery and cloud computing. How could […]

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From single-person entities to major companies, bookkeeping is an important part of any business process. While it is typically not one of the more exciting jobs, bookkeeping is at the core of a business”s success, and mistakes can cost the company a lot. Below are ten of the most typical errors that you want to your small […]

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What’s involved to be a successful business owner? What differentiates the entrepreneurs who are successful from all the rest?  What exactly is success? We’ve seen over the years that certain factors such as leadership, balance between risk-taking aversion and tolerance, and graceful adaption to change are key success traits for entrepreneurs in any business segment. […]

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At the start of a new business the entrepreneur often handles everything—directly and optimally. Then it begins: the company grows beyond what you can handle by yourself and you start hiring staff to fill the positions in your growing business. What you obtain is the freedom to further grow your company. What you lose is […]

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Larry Bloom, “recovering CEO” and author of The Cure for Corporate Stupidity: Avoid the Mind-Bugs that Cause Smart People to Make Bad Decisions, is a private advisor to several business leaders. Larry has identified 5 key questions to ensure that you and your business are operating ethically and always for the greater good. Have you […]

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If you manage an SMB, be prepared to communicate. It’s an important part of what  SMBs do. The same thing goes for those who lead them. Here are some expert tips and tools to help you better marshall the communications of your SMB enterprise – Source:  Small Business News –  Opening Up Why you must spend […]

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Often times small company owners and managers gauge their business results by their checking account. But if you’ve been in business for awhile, you already know that cash rarely equals income or profit. And even if you know what your company income is, do you really know how to read your cash flow and financial reports? For most […]

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Each month, many small company owners elect to incorporate their business.  They might decide at the beginning, or may choose to do it later because their company is growing and they want to shield themselves from the potential liability that growing companies face. Regardless, business owners want to limit the extent to which their personal assets […]

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Emily Suess remembers the first four words of the mission statement crafted by the school board leaders of her small school district in Southern Indiana. Hanging on the wall in every elementary, middle school, and high school classroom was a brief statement of purpose that started with the words “learning takes place here.” Apropos for […]

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Small business budget and finance expert, Vanessa Richardson, wrote at Intuit that a “… hiker trekking through the wilderness wouldn’t start his trip without a map and compass.”  Of course those instruments are important in getting to the end of the journey.  But alas, all too frequently small-business managers launch their companies without a financial road map. One of […]

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According to Charlie Russell, writing at Sleeter Group’s QuickBooks and Beyond, it appears that Intuit QuickBooks has a renewed focus on helping the Accounting Professionals and ProAdvisors with the release of Quickbooks 2012. Russell takes a look at several new features and improvements that will be helpful. Most of these recent elements are found only […]

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During the course of your company’s life, things do not stay the same. For example, in the beginning phases of your business, you may have opted to keep matters simple with an partnership or sole proprietorship.  But as your business and expectations grow, you might need to change your company’s structure – what may have […]

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The slowing economy and a digital marketplace have put bartering back in style, super-charging a $12 billion a year industry, as CNN-Money reports in Bartering, an Economic Hotspot

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One of the hardest parts of owning many types of small businesses is ensuring that you get paid, and timely. Many professional service providers and others have been there – we do the work, we invoice the client and then we wait…and wait…and wait…for our payment – all the while hoping and praying that we won’t need to […]

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