Year end bonuses got you confused?

Many small business owners struggle this time of year with determining year end bonus packages.  The balance between what the company can afford to give and the need to show appreciation for its employees is sometimes difficult. The SBA posted an article on December 7th, 5 Things to Know about Year-End Bonuses written by their

Fall in Love with Finance Series – Conclusions

In our Fall in Love with Finance Series, we’ve looked at a number of concepts and solutions for making the financial management of a small business more enjoyable. While you may not completely fall in love with finance, hopefully you can see that it can take far less time than you may have originally thought,

Staffing your business is not as easy as you think...

And you are not alone. A recent article on the website CPA Practice Advisor speaks to this issue. While business is growing, the challenge with staffing for that growth can be troublesome. Hiring Remains a Top Challenge In October, business owners were asked to identify the most important challenge facing their businesses today. Sixteen percent

Fall in Love with Finance Series – Bots and why ...

Bots are starting to gain a lot of attention and for good reasons. Bots are computer programs that perform repetitive tasks accurately and at a very high rate of speed. As a result, these bots can do the work of humans faster, more accurately and less expensively. We all interact with bots (or chatbots) as

Holiday Marketing Guide for Small Businesses

We came across this great article as we approach the time of year for holiday marketing. The Holiday Marketing Guide For Small Businesses – The Latest Marketing Best Practices and Cutting Edge Tactics, by Elena Velikova, appeared on November 14, 2017 on the site Promotionworld.com. “For businesses and startups, the holiday season is the most

Fall in Love with Finance Series – Fraud Prevent...

In our Falling in Love with Finance Series, we’ve discussed tools and strategies for how owners and managers of SMB’s can become more comfortable with the financial operations of their businesses. There are a number of reasons to understand and actively manage the finances of your business, not the least of which is to prevent

Cloud Accounting- will it work for you?

There have been some heated debates and strong opinions voiced regarding cloud accounting.  There have been many articles written on cloud accounting.  Take a look at Cloud Accounting – Way of the Future or a Tool for Now? This was published online on the website CPA Practice Advisor on Oct 17, 2017 by Randy Johnston,

Fall in Love with Finance Series– Making the col...

Cash flow is the life blood of all small and medium size businesses and the best way to make sure that the cash keeps coming in is to make sure your receivables are collected on time. Most SMB’s have a wide range of clients that pay on time, slow and late. The average number of

Fall in Love with Finance Series– Staying out of...

Sometime when I ask my accountant for his thoughts on a financial issue, he starts giving me a detailed explanation – something I usually don’t want. He’s really not trying to get under my skin, he’s just trying to give me a complete answer. He’s very passionate about his work and enjoys discussing some of

5 Myths About Financial Management Software

Given the fact that financial management software is a relatively recent small business phenomenon, it is unsurprising that there are still some common myths that make the rounds in the small business community. Don’t let these myths keep you from taking the plunge and enjoying the benefits unique to financial management software. Here are five

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