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

Cool Apps: Food Delivery Options

Julie Babcock-HydeApps0 Comments

apps

If you haven’t looked recently, there is a whole new world out there designed for our convenience. One of these conveniences is food delivery. This industry has changed so much that it deserves a fresh look.   No longer do you need to go out for lunch if you are having a busy day or just need to stay in … Read More

How to Evaluate Your Marketing Spend

Julie Babcock-HydeMarketing0 Comments

marketing

One of the most important success factors of small businesses is the ability to generate revenue, and to do that, most businesses need to market their services and products to bring in new customers and sales. The challenge for small business is how to make their marketing dollars work the hardest, and this requires careful tracking and measurement. Here’s one … Read More

Making Deadlines Can Save You Big Bucks in Your Business

Julie Babcock-HydeProductivity0 Comments

deadlines

There are a lot of deadlines that come with running a business. Missing some deadlines can have serious financial implications to the health of your business. Let’s take a look at how much you’ll save by being on time with the following deadlines. Payroll One of the toughest deadlines of all, making payroll, is essential to keeping employees happy. Making … Read More

Is Your Workplace Female-Friendly?

Julie Babcock-HydeTeam0 Comments

women workplace

Attracting and retaining talent in your small business can be a giant step toward growing into a mid-sized business. Beyond attracting new employees with salary and benefits, here are several perks, policies, and benefits to consider when recruiting women, and employees in general, to your workforce. 1. Flex work hours. Everyone likes regaining control over their workday, and offering flex … Read More

Three Super-Easy Ways to Boost Your Revenue for 2018

Julie Babcock-HydeProfitability0 Comments

revenue

Every business has a gold mine in its current customer base. But not all business owners remember to mine this gold because they are too busy trying to attract new customers or developing new products or services. This is the perfect time of year to step back and remember the three easiest ways to grow your business revenue using your … Read More

Five Tips to Make Tax Time Painless

Julie Babcock-HydeSmall Business0 Comments

tax time

Tax time is probably not your favorite time of year, especially if you have to pay the government your hard-earned dollars. Here are five tips on how we can make it just a bit less painful.   1. Have patience.   Practicing patience will go a long way when you’re dealing with taxes. Keep in mind that for tax professionals, … Read More

Five Ways to Ring in 2018

Julie Babcock-HydeProductivity0 Comments

new year 2018

Happy New Year 2018!  January is the month of new beginnings and a perfect time to strategize about projects that will boost your business prosperity. Here are five ideas to get you thinking about new beginnings for your business. Learn new technology Every year, tens of thousands of new online software applications are invented that will save us time and money. Learning … Read More