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Lucrum Consulting, Inc.
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Think Outside the Box – 8 Ways to Delight Customers

Most businesses have processes in place that keep the company moving forward each day. But pausing to think about how a company …

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6 Most Helpful Relationships for Small and Mid-size Business

The quality of a business’ external relationships make running the business easier. Managed correctly, those relationships may also increase a company’s profitability. …

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Social Media: Separating Business from Personal

People tend to fall into one of two camps when it comes to the combination (or not) of business and personal on …

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Successfully Aligning Personal and Business Goals

Business owners often start or buy a company because of a passion for the work, and they want control and freedom. However, …

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Avoid 4 Mistakes for Better Financial Health

Small business owners have a lot on their plates. While accounting may not be the primary function of the business owner, mistakes …

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Using Accounts Receivable to Improve Cash Flow

Technology lets businesses streamline and make substantial improvements in customer invoicing processes.  The faster a business is able to generate an invoice, …

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Cloud Accounting Benefits & Options

Companies who haven’t made a switch to cloud accounting may wonder if the benefits justify making a change. As more and more …

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Time is Money – 12 Tips to Get More Done

Time is one of the most precious resources on the planet, but most people don’t treat it that way.  In business, it’s …

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The Word of the Year for 2016 is . . .

Margin. I know, sounds pretty boring. But with a little explanation, margin is one of the most important statistics in our business …

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Don’t Let the Grinch Steal Christmas: 5 Internal Controls to Preserve Cash

No business owner wants to think that internal theft is a possibility in their business. But the desire for additional cash may …

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3 Ways to Capture More Time in the Day

The benefits of technology set the expectation to get more done – faster – than ever before. But everyone needs space in …

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6 Ways to Streamline Accounts Payable

Processing bills is time-consuming, and therefore relatively expensive when considering all of the handling and paperwork. Here are 6 ways to make …

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How to Successfully Manage Budgets: Part 2 of 2

As we stated last month in the first installment (click here if you missed it), setting a company budget is the first …

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How to Grow a Business with Successful Budgeting: Part 1 of 2

Budgets are essential for businesses to set goals and to control expenses. The unfortunate reality is that probably half of all companies …

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Back-charging Made Simple – 5 Easy Steps to Accurate Job Costing

In almost all construction or land development situations, the need arises to charge a vendor/subcontractor for damage, improper work, or general neglect. …

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5 Simple Steps to Take Now for Easy 1099 Prep Later

Closing out the third quarter is a good time to look ahead, because getting a jump on year-end activities saves a last …

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A Few Pointers for Deducting Entertainment Expenses

NOTE: Since the passing of the New Tax Law in 2017, the rules for deducting the expenses mentioned in this article have …

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Cool Tech Tools: Google Drive

Google Drive, which used to be called Google Docs, is a great way to collaborate with team members and stakeholders that are …

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The One Question to Ask Each Day

Business owners are torn in a hundred different directions every day.  It can take up most of the work day just fighting …

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Ten Ways to Retain Your Top Talent

Employee retention is a critical aspect of the success of any business.  Maintaining a consistent employee base increases customer satisfaction and a …

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Is Providing a Company Car a Good Idea?

Are you a business owner considering whether to provide company cars for your employees who travel frequently for business?  In this article, …

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Lucrum Consulting, Inc.
704.927.0462    |    
info@lucrumconsulting.com
8008 Corporate Center Dr.  
Ste 206, Charlotte, NC 28226

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  • How We Help
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    • Outsourced Controller
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