Your Credit is Your Character

  • Posted by Marketing Intern
  • On February 23, 2015
When it comes time for you to borrow money to start or expand your business, remember that bankers are risk averse. Their main interest is getting their loan repaid in a timely fashion. Lenders assess the risk factors of the loan through their evaluation of the borrower, using the 5 C’s of credit: collateral, cash, […]
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Is PEO the Way to Go for Better Personnel Management?

  • Posted by Marketing Intern
  • On February 23, 2015
Employees! It is hard to have a thriving business without them. They are a critical-to-success factor in your efforts to expand your business, freeing up your time to spend on activities that move the business further along the growth curve. But as you bring on more employees, you begin to wonder what happened to all […]
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To Debit or Not to Credit

  • Posted by Marketing Intern
  • On February 12, 2015
The accounting profession has experienced a complete transformation in the way financial statements are generated and communicated to users. The emergence of low cost accounting software packages has replaced ledger cards and column pads, while hand written journal entries and general ledger postings seem now to have been replaced by “save” and “ok” buttons. With […]
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Profit Engineering for Small Businesses

  • Posted by Marketing Intern
  • On February 12, 2015
Now that many businesses have ended their calendar year and are preparing for tax reporting, it is an excellent time to evaluate last year’s performance and define areas needing improvement. As the economy tends to drift along at a sluggish pace, most businesses need to sharpen planning skills and develop a strategy that will deliver […]
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Juggling Small Business Growth

  • Posted by Marketing Intern
  • On February 12, 2015
Everyone in business wants to grow, right? Except for hobby businesses, or those where the owner doesn’t have growth as a goal, the answer is usually “yes.” In the beginning, most business owners think only of survival, and rightly so. The popular press is full of studies touting the long odds against business survival, let […]
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Small Business Accounting, Big Deal

  • Posted by Marketing Intern
  • On February 12, 2015
Recently, much of the news coverage of large corporations is concerned with their accounting practices, or “cooking of the books.” These corporations are now facing public scrutiny for their practice of overstating profits, understating expenses, capitalizing expenditures, and improperly reporting debt. Some of these large corporations are also filing for bankruptcy. These practices have led […]
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Know When to Hold Them, Know When to Fold Them…

  • Posted by Marketing Intern
  • On February 12, 2015
Most business owners assume they will go out on top when they are ready. They think they will sell their business at just the right point and cash out like a poker player who walks away from the table after winning a huge pot; rarely is this the case. All too often the business begins […]
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The Day after Katrina…

  • Posted by Marketing Intern
  • On February 12, 2015
The catastrophic impact of Hurricane Katrina on the Gulf Coast raises serious questions about the readiness of small business owners in the event of a natural disaster. The biggest challenge that small business owners face in places such as New Orleans is the arduous task of recreating lost records. So how do you minimize the […]
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