Every year, you set goals and hope to achieve them. But are you setting the right goals for your business? To set goals that will give you a sense of accomplishment and truly benefit your business, get SMART. A SMART goal is: Specific-- Instead of saying, “I want to increase revenues,” say, “I will increase my net profit by 10% this year.”Measurable--How will you know you reached your goal? … [Read more...]
Interim Accounting Services
Hiring for your accounting department takes time and energy. Posting job openings, conducting interviews, and finally, training the right person to join the team. And after all that, the employees you’ve so carefully selected may need to take a leave of absence at some point.Now what do you do?Well, you could begin the time-consuming process to find a temporary replacement. Or, you could … [Read more...]
Who’s on First? Building your Financial Team
In our last blog article, we talked about why you need a financial team. Good, you’re convinced. You’re ready to get started! But where do you start?Think of your business like a baseball team: you need an infield and an outfield. Infielders are involved in the game on almost every play (weekly or even daily for you). Outfielders are there when you need them, waiting for a “pop fly” inquiry, … [Read more...]
Featured Client: Mendon Area Real Estate
Preparing for Tax Season It’s that time of year. That big box of receipts lurking in the shadows of your office is calling you...it’s taaaax tiiiiime, taaaaax tiiime! Before you know it, you’ll be stuck going through a big mess of papers. And then you’ll have a big bill from your CPA after he/she has spent hours reconstructing last tax year’s information to prepare this year’s tax … [Read more...]
A Writeup Project: Migrating your Accounting Data
So, you’ve got boxes of records and bags of receipts, and every year, tax time hits you and your small company like a ton of bricks. After tax time ends, you’re left with a hefty bill from your CPA and a nagging feeling that you forgot something. Did you capture all of your deductions? What about that time you paid for that new office computer or that lunch for a client in cash? Wait, how many … [Read more...]