by Kim Harris | Jan 5, 2017 | Profitability Tips
Are you ready for 2017 to be even better than 2016? If so, take a few minutes to reflect on the questions below and take action to set your 2017 profit plan. Question 1: What were the three best business things about 2016? No need to re-invent the wheel. If you...
by Kim Harris | Sep 3, 2015 | Accounting, Profitability Tips
Some numbers need reviewing on a daily basis, and one example of this is cash. When cash is coming in from a number of places, it’s great to have a daily summary of what was collected. It’s also great to make sure all the collections hit your bank account so you can...
by Kim Harris | May 14, 2015 | Management Tips, Profitability Tips
A great way to speed up your cash flow is to get paid faster by customers who owe you money. One way to do that is to examine your payment terms to see if you can accelerate them. First let’s talk about what payment terms are common. Then I’ll share a study that...
by Kim Harris | Mar 5, 2015 | Business Development, Profitability Tips
Just about every business relies on “word-of-mouth” marketing to get the vast majority of its clients. If this is true for your business, then it just makes sense to figure out how to boost your referrals from all sources. Referrals are almost always easier to sell...
by Kim Harris | Jan 22, 2015 | Bookkeeping Tips, Profitability Tips
Are you manually entering data into your accounting system? If so, there may be a way to enter that data that’s faster, cheaper, and better. Data entry automation has come a long way. Here are five common ways to automate data entry so that it no longer has to be...
by Kim Harris | Oct 30, 2014 | Business Development, Business Tips, Management Tips, Profitability Tips
Assets and expenses both have a “debit” balance on the financial statements, but that’s where their similarities end. Spending on one can make you rich and spending too much on the other can leave you broke. An expense is money you may need to spend, but after a year,...