Small Business Blog for Entrepreneurs and Startups
Accounting and bookkeeping is vital for small businesses to track their sales, expenses and profits. Read my review of Quickbooks Online and Intuit Gopayment, the mobile credit card reader and payment processor that automatically syncs with your account of Quickbooks online seamlessly. Discover cash flow management tips, how to get paid as a DBA Sole Proprietor and how to collect debts from your customers lawfully.
No matter how a smart business owner you think you are, you are at risk of losing money to an embezzler – this person could be a trusted employee, family member or even your bookkeeper. As long as you own a business, you are not immune to embezzlement. Do not assume that your employees will [...]
When you are forming a business partnership to start your business be ready to split the profits, responsibilities and capital needs with your partners. Here’s all the information you will need to understand partnership profit calculation, equitable partner splits and how to develop, and record, your profit sharing strategy. What is Profit? To start [...]
Being a self-employed individual means that you have to keep track of all your daily financial records for business and tax purposes. Money is the backbone of your business – no matter if you are a freelancer, solopreneur or a consultant. As such, being able to track both your incoming sales and outgoing expenses [...]
A well-created budget is like a good map to guide your business to achieve its future goals. Creating a budget in Quickbooks is easy with its excellent Budgeting feature and reports. Read more at Quickbooks Online review. The best reason to create a budget in your Quickbooks, either desktop or Online, is to plan your fiscal [...]
Are you wondering if Quickbooks is easy or hard to learn, either for yourself as a business owner to use for your small business bookkeeping or as a job applicant who wants to expand their skills base and land a great new job? Personally, I, a gal of average intelligence, have used Quickbooks for [...]
Tax Day is coming up quickly, meaning that you must get your finances in order. You might forget to take some small business tax deductions if you do not. These tax write-offs could wind up saving you plenty of money if you use them. Even though some items are tax deductible, including employee costs, utilities, and [...]
Recently a reader wrote me this email “Help my customers are late in paying my invoices and it is screwing up my cash flow. What should I do? I need the money but don’t want to be pushy and negatively affect my customer relationship.” Have you been in the same seemingly no-win situation? Every entrepreneur and [...]
Your new business will face risks and insurance coverage is available to protect your investment. Insurance carriers differ in types of policies offered, costs and limitations, so I recommend discussing your exact firm’s needs with a qualified insurance broker-agent. They will analyze your company and direct you to the insurance policies you should purchase for [...]
