What if the traditional view of determining your profit is wrong? What if there’s a better alternative – such as taking your profit first, instead of last? History has shown and science has debunked a lot of assumptions and myths over the years. Here are a few examples: The earth is flat. The earth is…
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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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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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Understanding your financial statements is crucial for making good business decisions Many business owners avoid their financial statements because they lack the time to figure it all out There are three financial statements every business owner needs to understand We’ll help you get a better understanding of your statements so you have greater clarity in…
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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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On September 9, 2014, Apple rocked the technology world with its announcement about the Apple Watch. Many companies had already released smart watches, but Apple’s was the first to be considered an equal competitor with fashionable “traditional watches.” The Apple watch was sleek, modern, and attractive so despite the fact that it was more expensive,…
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People Magazine recently profiled 63 people who have lost amazing amounts of weight and transformed their lives. One of them, Mike Bauler from Madison, Wisconsin, weighed a staggering 450 lbs before losing 225 of them in 18 months. When Mike’s father-in-law had a massive heart attack eight years ago, the 28-year-old father drew a line…
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…and what to do about it If you ever watched The Late Show with David Letterman then you probably saw him read his top 10 list. Well we’ve put together our top 10 list on ways that business owners lose money. Just imagine Dave’s voice as you read… # 10. Keeping sloppy records and not…
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