From the monthly archives:

November 2010

The Chart of accounts (COA) is a list of the accounts used by an organization’s accounting process. The list can be numerical, alphabetic, or alpha-numeric. The structure and headings of accounts should assist in consistent posting of transactions. Each nominal ledger account is unique to allow its ledger to be located. The list is typically […]

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Google Instant Preview is a new aspect of Google search following the recent release Google Instant –  completes searches while they’re being typed – significantly speeding up Web searching. Google Instant Preview gives users the ability to see a website before they visit it. Google accomplishes this by taking a screenshot of every webpage in […]

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While many people will shop the big box stores for deals Friday, smaller retailers want you to pay particular attention to them the day after. There’s a national campaign from the small business division of American Express, Open Forum, called “Small Business Saturday” taking place November 27th. The basis of the campaign is that dollars spent […]

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Many erstwhile entrepreneurs decide to go into business for themselves every year. But, you shouldn’t just “go into business.” Instead, you should try to pick a business or industry that is more likely statistically to add to your chances of success – not always an easy choice to make, as there are 1000s of business […]

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There are many things that will contribute to your success or failure with QuickBooks, but here are 5 that we see with a recurring regularity. Thanks goes to QuickBooks specialist Scott Gregory for these: 1. If you’re not a bookkeeper before you buy QuickBooks, you won’t be after either. Please – do NOT fall victim to […]

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QuickBooks is an excellent accounting platform for virtually all small businesses, but for some companies additional functionalities are needed for enhanced reporting, analysis, inventory management, e-commerce, distribution and other capabilities.  This is where ‘add-on’ applications and services come in, integrating with QuickBooks to give business owners and managers the extra customization they need. The winners […]

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Next year tax return preparers will need to start proving that they are competent under increased Internal Revenue Service rules. The first step in the new process begins in January when all paid preparers of tax returns must use a preparer tax identification number on all federal tax returns they file. Oversight eventually will include […]

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Wikipedia defines business plan as “a formal statement of a set of business goals, the reasons why they are believed attainable, and the plan for reaching those goals. It may also contain background information about the organization or team attempting to reach those goals.” Many erstwhile entre-preneurs have long thought of a business plan as only for […]

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Sir Richard Branson, that dashing English visionary with a seemingly voracious appetite for launching new ventures, saw his entrepreneurial skills begin early, as publisher of a student magazine when he was just 16.. Branson did not graduate college but in 1970 his now famous ‘Virgin’ brand had its start as a discount records direct mail […]

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Recently a client asked: Our Quickbooks is running slow. What can I do to speed up performance?  There are a number of things you can do to increase performance: Special thanks to business technologist Gene Marks of the Marks Group P.C. for this quick QuickBooks performance rundown – 1. Set QuickBooks So the Home Page Does Not […]

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Whether we like it or we don’t like it, social media is the wave of the future. Everything we do and say is going to be on the Internet.  Social media sites provide business owners with an important new channel of communication to new prospects and existing customers alike, and it means that we can […]

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