Category Archives: Accounting

The Danger of Ignoring Your Balance Sheet

If you are like many small business owners, accounting may not be your strong suite so when people start talking about balance sheets, income statements, and cash flow statements your eyes may start to glaze over. If it has been … Continue reading

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Tips to Reduce Business Expenses

One of the first things a small business owner learns is the importance of controlling and sometimes reducing expenses.  The problem is knowing what expenses can be reduced without negatively impacting your business, after all you don’t want to cut … Continue reading

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Small Business Credit Bill

USA Today had a recent article on the recently passed Small Business Jobs and Credit Act. Whether or not you agree with the the current Congress and Administration policies, the passage of this bill could result in some real savings … Continue reading

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More Tax Tips

We promised another timely tax tip on on our Monday posting. Like it or not, the Affordable Care Act signed into law by the President in March included the small business health care tax credit. We've posted some details below. … Continue reading

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Tax Tips

Everyone likes to save money on taxes. Back in February of this year we posted A Word to the Wise describing how classifying employees as independent contractors can save on your tax burden and is perfectly legal. That is, as … Continue reading

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Prepare for 2009

 Regular readers know that I keep three books on my desk: Marketing Your Retail Store In the Internet Age by Bob and Susan Negen The Profitable Retailer by Doug Fleener The EMyth Revisited by Michael Gerber I also have a … Continue reading

Posted in Accounting, Advertising, Marketing and Positioning, Strategic Planning | 2 Comments

Point of Sale Systems

Chances are that when you voted yesterday, you might have had your first experience with electronic voting. Touch-screen voting devices are replacing the old punch card system in many areas. The system wasn’t without its problems, but since many of … Continue reading

Posted in Accounting, Customer Service, General Business, Human Resources, Inventory Control | 2 Comments

Baseball, Hot Dogs, Apple Pie, and CPAs???

Joyce M. Rosenberg writes for the Associated Press that in addition to the normal summertime activities, it’s the time of the year when you should sit down with your accountant, not for a barbecue, but for a mid-year review of … Continue reading

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10 Financial Yardsticks for your Business

Do you ever get to the end of the day and wonder where the money is?  Business is good.  According to your accountant, you’re making a profit.  But, when you go to pay the bills, there’s not enough money in … Continue reading

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