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Five Tips to Get Ready for a Pain-Free Tax Time

by Sharon Aks | Nov 14, 2013 | Accounting, Bookkeeping Tips, Business Tips, Cost-Savings Tips, Expense Reduction Tips, Management Tips

With the holiday season just around the corner, it’s a perfect time to get your financial records in order.  Tax moves you make now can mean finding more “green” to spend on family gifts and festivities.  Here are five quick tips for you to feel more prepared about...

What Does Popeye Have to Do with Accounting?

by Sharon Aks | Aug 8, 2013 | Accounting, Bookkeeping Tips, Business Tips, Expense Reduction Tips, Management Tips, Profitability Tips

You might have heard the terms “cash basis accounting” or “accrual accounting.”  Your net income number can change depending on which method your books are set up for.  Here’s a simple explanation of the difference, with a little help from one of the most famous...

Budgeting Breakthrough

by Sharon Aks | Jul 11, 2013 | Accounting, Bookkeeping Tips, Business Tips, Cost-Savings Tips, Decision-Making Tips, Expense Reduction Tips, Profitability Tips

When you hear the word “budget,” what do you think about?  Most people would say something similar to “Ugghh!” If you would rather do just about anything besides create a budget, you’re not alone.  The word “budget” brings up connotations of endless numbers,...

Five Cash Leaks to Avoid

by Sharon Aks | Jun 13, 2013 | Business Tips, Cost-Savings Tips, Expense Reduction Tips, Profitability Tips

Cash flow improvement is a hot issue for small businesses; in many businesses, it seems like there is never enough cash when you need it.  The last thing a business owner wants is to reduce their cash balance unnecessarily.  To help you preserve or increase your cash,...

Five Places to Find More Profits

by Sharon Aks | Jan 24, 2013 | Business Tips, Cost-Savings Tips, Expense Reduction Tips, Management Tips, Profitability Tips, Time Management Tips

It’s always a good idea to be on the lookout for ways to increase your profits, and luckily, there are many ways to do that.  One way is to focus on cost-cutting, and here are five places that are good to periodically review for cost-cutting possibilities. Telephone...

Are You Vulnerable to Fraud?

by Sharon Aks | Oct 4, 2012 | Business Tips, Expense Reduction Tips, Management Tips, Profitability Tips

According to the Association of Certified Fraud Examiners (ACFE), over $3.5 trillion is projected to be lost to fraud worldwide in 2011 alone.  The typical organization loses 5 percent of its revenues each year.  While we have a lot to think about as entrepreneurs, we...
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