by Kim Harris | Aug 8, 2013 | Accounting, Bookkeeping Tips, Business Tips, Expense Reduction Tips, Management Tips, Profitability Tips
You might have heard the terms “cash basis accounting” or “accrual accounting.” Your net income number can change depending on which method your books are set up for. Here’s a simple explanation of the difference, with a little help from one of the most famous...
by Kim Harris | Jul 11, 2013 | Accounting, Bookkeeping Tips, Business Tips, Cost-Savings Tips, Decision-Making Tips, Expense Reduction Tips, Profitability Tips
When you hear the word “budget,” what do you think about? Most people would say something similar to “Ugghh!” If you would rather do just about anything besides create a budget, you’re not alone. The word “budget” brings up connotations of endless numbers,...
by Kim Harris | Jun 13, 2013 | Business Tips, Cost-Savings Tips, Expense Reduction Tips, Profitability Tips
Cash flow improvement is a hot issue for small businesses; in many businesses, it seems like there is never enough cash when you need it. The last thing a business owner wants is to reduce their cash balance unnecessarily. To help you preserve or increase your cash,...
by Kim Harris | Jan 24, 2013 | Business Tips, Cost-Savings Tips, Expense Reduction Tips, Management Tips, Profitability Tips, Time Management Tips
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...
by Kim Harris | Oct 4, 2012 | Business Tips, Expense Reduction Tips, Management Tips, Profitability Tips
According to the Association of Certified Fraud Examiners (ACFE), over $3.5 trillion is projected to be lost to fraud worldwide in 2011 alone. The typical organization loses 5 percent of its revenues each year. While we have a lot to think about as entrepreneurs, we...
by Kim Harris | Sep 6, 2012 | Business Development, Business Tips, Cost-Savings Tips, Customer Service Tips, Expense Reduction Tips, Time Management Tips
If you’re looking for ways to boost your productivity, technology is a great place to start. The good news is there are many free options available. Here are five favorites you might not know about. 1. Bridge lines. If you need teleconference lines, you’re in luck: ...
