New Business Direction LLCFive Essential Components of an Entrepreneur’s Compensation
The two major ways entrepreneurs can take money from their business is through draws or by receiving a paycheck. The type of entity in which their business is set up will determine which method can be used. In either case, entrepreneurs need to be careful not to shortchange themselves. Especially if you’re…
Five Best-Practice Accounts Payable Tips for a Smoother Cash Flow
Watching the cash balance is one of the most frequent activities of a small business owner. Besides making sure you have enough cash for payroll and bills, there is another huge opportunity you can benefit from: lowering the cost of processing your bills. It can be expensive and time-consuming to process bills…
Spring-Clean Your QuickBooks Company File
There are a lot of clues that indicate trouble with your QuickBooks company file. Is it time for a check-up and tune-up? After this ridiculously long winter, you’ll probably hear few complaints about things like puddles in the street, summer heat and spring cleaning. Most people are eager to throw open the…
5 Ways to Accelerate Your Receivables in QuickBooks
Increasing your income is good. But even if you can’t, you can still take steps to collect the money you’re already owed faster. Here are five ways. If you asked five small business owners to name the top three roadblocks they face in their quest for ongoing profitability, it’s likely that all…
Start Planning Now for 2014 Income Taxes
You may not have even completed your 2013 taxes yet. But now is an ideal time to start getting ready for your 2014 returns. We know that you’re in some stage of preparation for your 2013 income taxes. It may seem odd to start thinking about 2014 taxes just now, but actually,…
Is Your Business Using the Right Accounting System?
Have you ever tried on a shirt or jeans and found they didn’t fit at all? They looked great on the hanger, but that was the end of it. Accounting systems come in all sizes, shapes, and colors just like clothing; and just like clothing, some accounting systems fit your business better…
Make QuickBooks Yours in 2014: Customize
QuickBooks can be used as is, or you can customize many elements to improve your workflow, your form output and your business insight. While many of the things you purchase and use in your daily work and professional lives don’t come with options, many do. Think about the last time you bought…
Optimize Your Revenue Mix for More Profits in 2014
Many small business owners focus on generating more revenue every year, and that’s a great objective. But not all revenue is created equally. If you sell more than one product or service in your business, then you can benefit from looking at your revenue mix. Although it’s fun to watch our revenues grow,…
Hosting QuickBooks® in the Cloud
What is Cloud Computing? By now, we’ve all heard about the subject of Cloud Computing. Working in the Cloud simply means that you are accessing servers, software and technology via the internet. It’s something that most of us are already using on a daily basis when we access our bank accounts and…
Customizing Purchase Orders in QuickBooks
Modifying the default template makes tracking easier, more accurate. Part of the reason for QuickBooks’ success is its exceptional flexibility. By allowing users to turn features and preferences on and off, the same software can be used by a wide variety of business types and sizes. In some cases, the default settings…
