Tax Changes for Business Owners
Tax Changes for Business Owners The dreaded part of every new year has arrived, and it is called Tax Season! It is not uncommon for business owners, even those with the best record keeping in place, to be recipient of some unexpected surprises when it comes time to send in their taxes. Tax Reform Legislation […]
Improve Your Business Billing Process
10 Tips to Improve Your Business Billing Process One factor that contributes to small business success is funds coming in regularly, receiving client payments in a timely manner, and getting paid in full. So it is important to have a business billing process that gets invoices out on time, and ideally, paid on time. Here […]
Effective Teams Contribute to Small Business Success
Characteristics of Effective Teams to Build Your Business Success We don’t work in a bubble. Every day we are interacting with clients, vendors, co-workers, and other business contacts. One of the most important relationships we develop in a small business environment is the team of professionals working closely together to secure the success of the […]
Business Accounts Receivable: A Small Business Overview
Understanding Business Accounts Receivable for Small Businesses Business accounts receivable is an important accounting term to understand if you are going to have a successful and profitable business. We believe it’s so important that we made it a part of our company name—American Receivable. Simply put, business accounts receivable are the monies customers owe to […]
Get a Fresh Start in the New Year
A Fresh Start: Keeping Your Employees Healthy and More Productive A tidy and sanitary office is crucial for quality work. Distraction lowers productivity, even on a subconscious level. Studies have also shown that business offices are a breeding ground for germs causing illness, which takes employees away from work, lowering productivity and work quality. A […]
Year End Check List for Small Business
Year-End Checklist for Small Business Owners One challenge for small business owners is to assure a strong year-end. A survey by Office Depot resulted in 32 percent of small and midsize businesses owners stating their main concern during the holidays and end of the year was cash flow. Specifically, to have the financial resources to […]
Improve Your Business Cash Flow
Improve Your Business Cash Flow Did you know that even if your income statement shows that your business is making a profit, your business can still not succeed? Just because you are profitable on paper, you still might not have a positive business cash flow. And, without cash, your business simply runs out of money […]
Managing Productivity and Morale during the Holidays
Managing Productivity and Morale during the Holidays It is easy to get off track during the holidays. People are focused on the festivities, shopping and meals of the season and can lose motivation at work. It is important to keep your business on track at the end of the year as well. Keeping employees motivated […]
What You Need to Know About an Income Statement
What You Need to Know About an Income Statement Let’s face it, many business owners who are busy with the daily routines of running the company, struggle with taking the time to fully understand accounting principles and terminology. Yet, there are important concepts to comprehend if we are going to run a profitable and successful […]
Thanksgiving Through the Years
Thanksgiving Through the Years The first Thanksgiving in Plymouth Colony which is now Massachusetts was in 1621. The last Thursday in November was declared a national day of thanksgiving by Abraham Lincoln 200 years later. In 1941 Congress made Thanksgiving an official national holiday. A day of “thanks” and “giving”. Thanksgiving has traditionally been a […]