No business owner wants to think that internal theft is a possibility in their business. But the desire for additional cash may …
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 …
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 …
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 …
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 …
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. …
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 …
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 …
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 …
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 …
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 …
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, …
Cool Tech Tools: Customer Portals
If your business requires sharing documents of any kind with your customers, business associates, and employees, then a portal may be beneficial. …
Spinning Profits from Silkworms and Financial Systems
David Brigham was a post-doctoral student at Oklahoma State University in 1996 when he came up with a remarkable idea about silkworms. …
Five Ways to Streamline Data Entry
Are you manually entering data into your accounting system? If so, there may be a way to enter that data that’s faster, …
Does Your Accounting Department Have Holes?
Many business owners think that accounting consists of someone to do income tax returns, and someone to do bookkeeping. That’s all that …
Is Your Accounting Department Protected From Fraud?
We have all heard stories of situations where a trusted employee has been accused of taking money from their unknowing employer. Lucrum …
5 Spring Cleaning Tips for Businesses
How much time do you spend each day looking for information about orders, customers, vendors, or employees? Can you easily determine which …
Is that large purchase a good idea?
In the course of business, there is usually a point where a large outlay of cash is considered to either reduce costs …
Understanding Assets vs. Expenses Can Build Wealth
Assets and expenses both have a “debit” balance on the financial statements, but that’s where their similarities end. Spending on one can …
How Smart Bookkeeping Leads To Business Insights
Would you like to own a company that is growing at least 100 percent each year? That’s the happy situation of GoBeyond …