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Need to Teach Employees How to Break Out of Jail?

Management and Operations“Enlightened” Profit. A Better Way To Build A Business.Values are the key to building value. More and more of today’s CEO’s now see a three tiered metric of profit as essential to building a strong and sustainable company. TheWisdomGuy.comManagement and OperationsWhen Bad Things Happen to Good Business Owners and EntrepreneursStuff happens. As a business owner and entrepreneur, the more successful you become, the more you open yourself up to criticism, negative feedback or just plain being attacked. Management and Operations [Read Full Article]

Small Biz Tip: Technology: Accounting Software

Tips from September 29, 2009 The Small Business tips today will be about accounting software for your business. Quickbooks is a fast, easy, popular payroll & accounting support. Versions for both Windows & Mac formats. Quicken is more for small business intertwined with personal finances. It separates them & regulates each. Use the program which you feel more comfortable with. Talk to other biz owners. See what they use & why. Look for updates for your accounting software. Make sure you have the most recent edition for efficiency. Daily Overview: Accounting software is meant to help & not leave you confused. Research, test, & evaluate. [Read Full Article]

Small Businesses' Top 5 Financial Mistakes

Small businesses have a lot on their plate when it comes to finances as it determines the state of their business.  Many small businesses have trouble managing their finances, and encounter problems without knowing it. Ironically, many of these small businesses having trouble are making the same mistakes. Learn from these top five financial mistakes small businesses make and keep your business in business.  1. Your Business Has No Financial Policies Established Since there are fewer employees who wear many different hats, policies are important for small businesses to establish rules, regulations, and procedures. It is the same for finance matters. Financial policies provide assurance that everything regarding finances is carried out in the same manner. Policies also encourage efficiency, as each employee learns the policies they are more accustomed to how to handle them.  The important policies to have for your small business include handling petty cash, an employee re... [Read Full Article]

Small Biz Tip: Organize Your Finances

Tips from July 7, 2009 The Small Business tips today will be about organizing your finances. Keep your bills in one place to pay them on schedule and avoid unwanted late fees or worse, damaging your credit record. Consolidate accounts to one credit card if you have outstanding balances. Check balance transfer rats & one time fees. Use a software program. Quicken makes bill paying and reconciliation easy. ABC members receive discounts on the software. When saving receipts, save them in order of your purchases. When the statement comes, it will be easy to go over. Daily Overview: Avoid errors with your finances by organizing. You will also save time and money!  [Read Full Article]

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