Setting Up Products and Services

Julie Babcock-HydeAccounting Software0 Comments

products and services

The products and services your business sells make it unique. The same thing is true of how these items are set up in your accounting software. Whether you’re using QuickBooks Online or something else, getting your products and services set up right can impact the quality of the information you can get out of your accounting system. Here are the types … Read More

How to Cut Costs with Fixed Assets Management

Julie Babcock-HydeSmall Business0 Comments

fixed assets

Fixed assets are special kind of assets in your business. They include land, buildings, equipment, furniture, and vehicles that your company owns. While we frequently look at expenses to cut costs, fixed asset management is another place we can look to find ways to better utilize our resources and, in some cases, improve our profits. Fixed asset management is a … Read More

5 Tips on Bringing Home the Bacon

Julie Babcock-HydeCash Flow0 Comments

cash

Whether you call it bacon, Benjamins, or big bucks, cash – and having enough of it – is key to running your business. Here are five tips related to managing and getting the most out of your business cash. 1-    All banks are not the same. Choose your bank wisely, and don’t be afraid to switch if you need to. Banks know they … Read More

Three Tips to Maximize Your Social Security

Julie Babcock-HydeRetirement0 Comments

maximize social security

Social security is one of those topics that seems to be minimized by statements like, “You can’t count on it,” and “By the time you reach retirement age, it won’t matter.” These statements are not only incorrect; they contribute toward a lack of education on what’s possible. Social security is still a large part of how most seniors will be … Read More

Do You Spend Too Much Time On Email?

Julie Babcock-HydeTime Management0 Comments

too much time email management

If you feel like you spend too much time on email, you’re not alone. Almost everyone feels the same way. That’s why it’s so important to learn how to be as productive as possible when it comes to handling email. Here are five tips to help you do just that. 1-    Automate your emails. If you’re sending a lot of the … Read More

Cool Apps: Accounting System Add-ons

Julie Babcock-HydeApps0 Comments

cool apps accounting add-ons

Accounting software continues to evolve decade after decade. It started out as one big massive complicated set of programs that only large companies could afford.  Cloud accounting is the modern solution.  Today’s accounting systems are designed to meet the core requirements for many businesses. Enter apps. Apps are the add-ons to accounting systems that can enhance functionality, and there are … Read More

How to Read Your Income Statement

Julie Babcock-HydeSmall Business0 Comments

read income statement

The income statement of any business is probably the most important report of all. It is a snapshot of the financial performance of your business over a period of time, such as a month or year. You might also hear it called the Profit and Loss Statement, or P&L. The income statement can give you all kinds of insights as to whether … Read More

Boost Your Accounting Know-How with These Terms

Julie Babcock-HydeAccounting0 Comments

accounting terms know-how

The field of accounting has its own vocabulary, which can sound like a foreign language to some people. Your financial savvy will increase by learning a few new accounting terms. You’ll be “speaking accounting-ese” in no time, and you’ll become a smarter entrepreneur too. Trial balance A trial balance is an accounting report that simply lists the current balances of your accounts … Read More

Five Fun Customer Perks to Set You Apart in the Marketplace

Julie Babcock-HydeCustomer Service0 Comments

customer perks

It’s always fun to surprise and delight your customers. This puts a smile on your client’s face, boosts loyalty, and is fun for your employees too. Here are five ways to surprise and delight your customers with inexpensive perks.   1. Handwritten thank you note.   Email and social media have all but killed the handwritten thank you note. When … Read More

Five Ways to Reconnect with Your Passion for Your Business

Julie Babcock-HydeSmall Business0 Comments

reconnect with your passion for your business

As business owners, we are a highly self-motivated bunch of people.  We love our businesses, we love helping our customers, and we work very hard at what we do.  Sometimes we work so hard, we get disconnected from our passion.  Occasionally, it’s a good idea to step out of the daily details of business and get ourselves re-energized, reconnected, and … Read More