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cash only

Have you ever been to a business establishment only to find out that they are cash only? If you’re that person who never uses cash (guilty), it can be incredibly frustrating when you’re trying to pay someone but they aren’t making it easy. Now think of this from the perspective of a business. How many […]

What Does This Mean For Payments and Transactions

The first step in getting paid is to actually sell something. You could offer every kind of payment option there is, but if you don’t know about sales strategies it won’t matter. That’s why it’s always in someone’s best interest to learn sales strategies and implement them as they go. Here are some sales tips […]

Earn Money today

Managing accounts payable is often little more than a second though for small businesses and entrepreneurs. Marketing, sales, and delivery of services are typically at the forefront of a manager’s or business owner’s mind, not how and when they are going to pay their bills. However, failing to properly manage accounts payable can seriously affect […]

accept payments

We’re living in a fascinating time for accepting payments. From cryptocurrency to selfie payments, the 21st century is not lacking in payment innovation. But what does this mean for business owners? Quite frankly, it means you need to get it together. If you’re still only accepting cash or checks, you’re likely leaving a lot of […]

growing your money

We’re in the middle of the year, which means it’s time for a mid-year review. Part of a mid-year review includes looking at cash flow and determining whether or not it’s time to cut expenses. If you’re like most business owners, you probably made some major investments in the beginning of the year in an […]

What is Depreciation

When businesses buy a large asset for their company, it gets a place as an asset on the balance sheet. But the accounting that happens behind the scenes is much more important than lines on an accounting statement. What is depreciation? How does it impact my business? Depreciation impacts your current year business profitability. How […]

invoice rules

The United States tax code has some great advantages for business owners. Millions of business owners leave dollars on the table that should be in their pocket every year when filing their personal and business taxes. Whether you operate as a sole proprietor, an LLC, or a corporation, you can lower your taxes and save […]

Profit and Loss Statement

Tax day is tomorrow! If you are like one of the millions of Americans scrambling to get your taxes in before the deadline, you may have come across questions about itemizing your deduction versus taking the standard deduction. While this is certainly accounting jargon, it is a simple yet important concept to understand. If you […]

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