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 27, 2013 | Accounting, Business Tips, Cost-Savings Tips, Profitability Tips
Technology has allowed businesses to make substantial improvements in their customer invoicing processes. The good news is that when you implement these technologies, you will almost always get paid much faster. If it’s been a few years since the last time you’ve...
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 | Apr 18, 2013 | Business Development, Business Tips, Management Tips, Profitability Tips
Spring is here and that’s the perfect time to try something new in your business to make things fresh. Here are seven ideas to try in your business; pick the one that’s most likely to put the spring in your sales. 1. BOGO “Buy one, get one” or BOGO deals are always...
by Kim Harris | Mar 7, 2013 | Accounting, Bookkeeping Tips, Business Development, Business Tips, Cost-Savings Tips, Management Tips, Profitability Tips
As entrepreneurs, we work hard for our money, and the last thing we need is to have it disappear due to fraud, hackers, or identity theft. Some people have called 2013 the year of the hacker, which is worrisome. But you’re far more likely to experience risks with...