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Patrick Accounting Blog

Owner Matthew Patrick Provides Tips To Help Business Owners Get Out Of Their Own Way

By Matt Patrick / February 18, 2021 / Comments Off on Owner Matthew Patrick Provides Tips To Help Business Owners Get Out Of Their Own Way

As an owner I am often the biggest bottleneck in our business.  I have the best of intentions when I volunteer to help someone or get involved in the sales process because I received a direct referral.  Unfortunately I am not best suited to do those things any longer.  I am sure I am like…

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How to Manage Yourself and Your Team When You are Constantly Pulled in a Million Directions

By Matt Patrick / February 28, 2020 / Comments Off on How to Manage Yourself and Your Team When You are Constantly Pulled in a Million Directions

I am probably like most small business owners. At the end of my day, I often wonder what I was able to get done. My office is like a revolving door. I get technical tax questions, customer service questions or issues, new sales insight or pricing questions, I get process questions. I get employee issues. I get recruiting…

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7 Ways to Save Money on Taxes Before the End of the Year

By Matt Patrick / December 11, 2018 / Comments Off on 7 Ways to Save Money on Taxes Before the End of the Year

As a small business owner, you don’t need me to tell you that 2018 is quickly disappearing. By the time you subtract holidays and vacation, there are really only a few days left! Before the calendar flips into 2019, we’ve rounded up some great ways to help you save serious money on your taxes this…

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How to Thank Your Employees the Right Way

By Matt Patrick / November 20, 2018 / Comments Off on How to Thank Your Employees the Right Way

Sometimes it’s easy to miss the seemingly small and obvious things that can make a world of difference in our businesses. Like saying “thank you!” I’m going to assume that saying “thanks” – and other similar phrases – is a skill that you learned growing up. Good manners require some level of politeness, which means…

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Top 3 Small Business Accounting Software Options Compared

By Matt Patrick / September 26, 2018 / Comments Off on Top 3 Small Business Accounting Software Options Compared

In last week’s blog, we talked about what to look for in accounting software. With so many software products out there, it can be pretty overwhelming as a small business owner to figure out which one is best for your needs. And with an actual business to run, do you really have time to wade…

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How to Choose an Accounting Software For Your Small Business

By Matt Patrick / September 18, 2018 / Comments Off on How to Choose an Accounting Software For Your Small Business

If you walked into any supermarket in the 1990’s, you would have been able to choose from about 7,000 items. It seemed like a lot at the time. But fast forward almost 30 years, and your local Kroger, Safeway, Whole Foods, or wherever you shop typically has 40,000 to 50,000 items! Heinz and Hunt’s used…

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How to Understand Your Cash Flow Statement

By Matt Patrick / August 21, 2018 / Comments Off on How to Understand Your Cash Flow Statement

This is part four in a series of blogs we’ve created to help you, the small business owner, be able to better wrap your head around your essential financial reports. So far we’ve covered:   Blog #1: How to Make Sense of Your Most Important Financial Statements (an intro to the series) Blog #2: How…

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How To Choose The Right Accountant & Bookkeeper For Your Business – 7 Questions To Ask

By Matt Patrick / July 31, 2018 / Comments Off on How To Choose The Right Accountant & Bookkeeper For Your Business – 7 Questions To Ask

If you feel like having a full-time live-in nanny (think: The Brady Bunch’s “Alice”) is a little pretentious, there’s a new trend among busy mommies: “Mother’s Helpers.” In case you’re already thinking, “Hold on, Matt. This is a bookkeeping/accounting blog, and you’re a guy. Why in the world are you talking about mommy topics?”…stay with…

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How To Set And Achieve Kick-Butt Goals For Your Business & Your Life

By Matt Patrick / July 24, 2018 / Comments Off on How To Set And Achieve Kick-Butt Goals For Your Business & Your Life

Dick Hoyt knows a thing or two about setting and achieving goals. Over the past 40 years, he has competed in: 257 Triathlons (6 Ironman, 7 Half Ironman) 72 Marathons (including 32 Boston Marathons) 97 Half Marathons 219 10K’s 176 5K’s … just to name a few As of 2016, Dick Hoyt had run, biked,…

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5 Ways Business Owners Waste Time & How To Get It Back

By Matt Patrick / July 17, 2018 / Comments Off on 5 Ways Business Owners Waste Time & How To Get It Back

Polish historian Jerzy Targalski deserves the “Powering Through Award” for composure in the face of a determined cat. Well, more accurately, the determined cat was in his face. Targalski was in the middle of taping an interview for Dutch public television to comment on recent political happenings when an orange tabby decided it wasn’t getting…

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