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Pros and Cons of a Paperless Business

September 9, 2022 by admin

Pros and Cons of a Paperless Business

Has your bank, broker, credit card company, or maybe even your phone or utility company sent you information about getting your statements online instead of through the mail? Going paperless has its advantages — not the least of which may be seeing your countertop for the first time in months. But it also has its […]

Filed Under: Best Business Practices

Small Businesses Facing Labor Shortages

August 10, 2022 by admin

Small Businesses Facing Labor Shortages

Small business owners cite the unavailability of workers as one of their biggest challenges. The labor shortage means that employers cannot, in some circumstances, operate at full capacity and must forgo some revenue opportunities. Businesses may have to delay planned expansions or the addition of new products or services because of the scarcity of workers. […]

Filed Under: Best Business Practices

Business Owners: Keep That Shield Intact

July 19, 2022 by admin

Business Owners: Keep That Shield Intact

You face plenty of challenges as a small business owner. Finding ways to protect yourself against lawsuits is a major one. You may be able to add protection by structuring your business as a corporation or limited liability company (LLC). Both these entities may shield the owners’ or members’ personal assets from the company’s debts […]

Filed Under: Best Business Practices

Financial Analysis for Your Small Business

June 17, 2022 by admin

Financial Analysis for Your Small Business

Comparing a business’s key financial ratios with industry standards and with its own past results can highlight trends and identify strengths and weaknesses in the business. Financial statement information is most useful if owners and managers can use it to improve their company’s profitability, cash flow, and value. Getting the most mileage from financial statement […]

Filed Under: Best Business Practices

How Small Businesses Can Use Artificial Intelligence

May 11, 2022 by admin

How Small Businesses Can Use Artificial Intelligence

Science fiction movies and books may portray artificial intelligence as a human-like giant brain with thousands of wires coming from it that control whole cities and their populations. The reality today is that artificial intelligence is unobtrusive, everywhere, and we are interacting with it multiple times daily without always recognizing that we are. Artificial intelligence […]

Filed Under: Best Business Practices

Getting Started with Reports in QuickBooks Online

April 13, 2022 by admin

Getting Started with Reports in QuickBooks Online

You should be running reports in QuickBooks Online on a weekly—if not daily—basis. Here’s what you need to know. You can do a lot of your accounting work in QuickBooks Online by generating reports. You can maintain your customer and vendor profiles. Create and send transactions like invoices and sales receipts, and record payments. Enter […]

Filed Under: QuickBooks Tips

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