Get the Best People or Get the Best out of People?

by Lynnea BylundDecember 20, 2010

Getting the best out of your people Sure, it’s important – but when we do the math, we can see it’s not nearly as important as getting the very best people in the first place. As up and coming small business leaders, we know that hiring the right people, and helping them achieve to their […]

Read more →

Strangest Tax Laws of 2010

by Lynnea BylundDecember 15, 2010

From hot air balloons to bagels, 2010 proved to be yet another year in which states and municipalities passed some strange tax laws in a desperate bid to raise revenues and close their budget gaps. Here are a sampling of some of the year’s quirkiest sales and use tax changes, emphasizing the importance of technology […]

Read more →

QuickBooks Tip: Is Your Cash Flows Statement Wrong?

by Lynnea BylundDecember 5, 2010

Your business statement of cash flows is the key most crucial, the least-used, and the poorest understood of the primary financial statements (P&L and balance sheet being the other two).  Because many entrepreneurs use QuickBooks, we think its important to understand what  must happen to get the most accuracy from this key report. By setting […]

Read more →

Ways to reduce your business tax bill in 2010

by Lynnea BylundDecember 1, 2010

The essential principle of year-end tax planning is to lump deductibles into this year and defer income until next year. Of course, that cannot work in all cases. The correct strategy for your business is dependent depends on many factors, including answers these issues: – Does your company account on a cash or accrual basis? […]

Read more →

QuickBooks Tip: Customize your Chart of Accounts

by Lynnea BylundNovember 30, 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 […]

Read more →

Google Instant Preview Changes Search Results Viewing

by Lynnea BylundNovember 27, 2010

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 […]

Read more →

Support Small Business Saturday!

by Lynnea BylundNovember 26, 2010

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 […]

Read more →

BEST INDUSTRIES FOR SMALL BIZ STARTUPS

by Lynnea BylundNovember 25, 2010

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 […]

Read more →

QuickBooks Tip: 5 Invaluable Tips for Beginners

by Lynnea BylundNovember 21, 2010

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 […]

Read more →

Awesome QuickBooks Add-Ons Announced

by Lynnea BylundNovember 21, 2010

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 […]

Read more →

New Stricter IRS Rules for Tax Professionals

by Lynnea BylundNovember 15, 2010

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 […]

Read more →

Good Business Plans – What to Remember

by Lynnea BylundNovember 8, 2010

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 […]

Read more →

Sir Richard and his ‘Art of Risk’

by Lynnea BylundNovember 5, 2010

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 […]

Read more →

QuickBooks Tip: Speed Up QuickBooks Performance

by Lynnea BylundNovember 4, 2010

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 […]

Read more →

Using Facebook to Market YOUR Business

by Lynnea BylundNovember 1, 2010

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 […]

Read more →

Paperless Invoicing and Green Bookkeeping

by Lynnea BylundOctober 31, 2010

Each year companies produce tons of waste paper, most of which comes from virgin (non-recycled) pulp and is never reclaimed. This has a big negative impact on the environ and on your financial bottom line. By switching to paperless invoicing your business can save you and your customers time and money while simultaneously helping to […]

Read more →

Men vs Women Entrepreneurs – “Not Much Difference”

by Lynnea BylundOctober 29, 2010

There’s been a lot of controversey about the disparrancy of women entrepreneurs, being fewer than men, in technology and what’s behind this problem—or if it even is a problem. Many experts have weighed in on the differences between male and female business promoters, one expert decided to investigate. Former entrepreneur-turned-academic Vivek Wadhwa, over at TechCrunch, […]

Read more →

Review: THE POWER OF PULL

by Lynnea BylundOctober 29, 2010

Pull is in the air. Everyone knows and loves Google. We pull movies and news items on demand. But this is just the surface of a more profound movement that is reshaping the world around us. The growing stress we all feel in our professional lives is not just a reflection of the current economic […]

Read more →

What Damaged my QuickBooks Data File?

by Lynnea BylundOctober 28, 2010

We have encountered many corrupted QuickBooks data files over the years and we are often asked “How did this happen?” It happens. Among the most common causes of QuickBooks data damage include Network glitches. You are using QuickBooks across a network in multiuser mode. One of the workstations loses connection with the server for a […]

Read more →

QuickBooks POS v.10 – NOT Ready for Prime-time

by Lynnea BylundOctober 24, 2010

Late last month Intuit released version 10 of Point of Sale. This version represents a huge change in the GUI interface, attempting to make the user interface better for a touchscreen user as well as to try to simpify the sales process. POS expert Will English’s first blush, recently posted to his QuickBooks technology blog, […]

Read more →

← Previous Entries

Next Entries →