Most small businesses own fixed assets, which include items like land, buildings, equipment, and automobiles. The investments of adding, replacing, or improving upon fixed assets is called capital expenditures (capex). It seems like there is never enough money for all the capital expenditures that need to be
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Managing money is often a challenge for small businesses, but home services businesses have some special challenges to manage: Seasonal activity Purchasing supplies and materials for jobs, but waiting to get paid Various billing due dates for subcontractors And customers don’t always pay on time Profit First
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As a small business owner, you’re probably wondering about the latest COVID Relief updates regarding the presidential executive order & memorandums. Let’s get started with the must-know NEW information that affects small businesses. Executive Orders #1-4 of Things To Know: Most people are referring to all of
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With all the changes going on around us, small business owners will not want to miss these important updates on mortgages in 2020! Join us as we welcome guest Eric Leigh, VP of Mortgage Lending on our Facebook Live show. Jennifer (00:01): Hello, and welcome to
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Jobber is software for small home service businesses that can help them organize their entire operation – from scheduling jobs and managing their crews to invoicing customers and collecting payments. Let’s take a look at 5 features Jobber offers that can help boost profits in your service
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2019 is right around the corner. Today the perfect time to think about your business goals and where you want to be one year from now. As year-end wraps up, you’ll soon know your financial numbers for 2018. You’ll then be able to evaluate how you did
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With holidays approaching, this is the perfect time of year to take a moment and reflect on all of the things we are grateful for. Being grateful may sound a bit trite, but it’s also the number one, hands down, fastest way to bring more positivity and less
Read more →Internal control is a very special phrase in the accounting profession. Tactically, it’s the set of processes that help a company produce accurate data throughout the organization, follow reporting requirements and laws, and maintain consistency and accuracy in its operations. Strategically, it’s an entirely new way of
Read more →A quick glance at your car’s dashboard is all you need to check your fuel gauge, speed limit, engine temperature, and RPM when you’re driving down the road. Your car’s dashboard is designed to focus on what’s important and what you need to know to have a
Read more →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
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