Administration is a necessary evil that can take up an enormous amount of time in your business. The less time you have to spend on admin, the more time you can spend on getting new clients, improving your products and services, or carrying out billable work. This Front Desk review takes a look at the…
Front Desk is specially designed for “Personal Services” businesses, including fitness, health and wellness, sports instruction, music, kids’ activities, dance, and more.
This type of theft is most common at retail outlets where credit cards are handled by employees – most frequently restaurant and bars – or where card terminals aren’t regularly monitored, such as at gas stations. As a business owner, it is important to know what to look for to avoid risk to your consumers,…
Credit card skimming (or “shimming,” in the case of chip cards) is a form of theft by which credit card information is stolen with just a small bit of technology, typically installed at the credit card terminal. Thieves install “skimmers” or devices to read and save card information undetected.
As a small business owner, freelancer, or entrepreneur, your most precious resources are time and money. In fact, spending time managing money is probably something you do a lot. There are always invoices to be sent, bills to be paid, time to be tracked, and reconciliation to be done. The days of relying on Excel…
Accounting software can be a blessing or a curse, and it all depends on choosing the right program for your needs.
Many businesses look at where they’re making and losing money purely from a financial perspective — What is it in the business that contributes to the dollars on the bottom line? That’s certainly necessary, but it doesn’t tell the whole story. There’s another vital aspect of getting the most out of your business: spending your…
Task automation is all about efficiency and making sure you and your team focus efforts in the right places.
You’re excited about the creation of your business. Your hard work is coming to fruition and your business is going live. Even if your entrepreneurial spirit isn’t particularly geared toward financial accounting, it’s a crucial part of your business’ success or failure. Fortunately, there are P&L templates available, and accountants are very accustomed to helping…
No matter what items you sell or services you provide, a profit and loss statement (P&L) is essential and required by the Internal Revenue Service.
Industry analysts point out that while many mobile apps are rarely used more than once, over 2.5 billion people actively use instant messaging apps every month. Users of WhatsApp, the most popular chat platform by far, spend an average of nearly 200 minutes each week actively using the app. This makes chatbots as essential of…
Chatbots are being touted as the next big thing in technology, with everyone from tech giants like Facebook, Google, and Microsoft to Taco Bell, CNN, Amtrak, HSBC, the NBA, and Disney using them.
Employees with expense accounts pay for business-related goods and services with the understanding that they’ll be reimbursed. It makes things easier for staff members who travel, entertain clients, or otherwise need to spend money in order to bring sales and profits to your business. The more profit you can get out of your business the…
Expense accounts are financial allowances offered to particular employees to cover business expenses. But they’re also a common place to “leak” cash, and if you’re not careful, they could be costing you.
Every cent you spend on operational costs eats into your profit margin. As a responsible business owner you want to reduce those costs as much as possible. While many of your expenses are fixed or non-discretionary (e.g. rent, utilities, salaries, etc.) there are several areas of your business where you can make better financial decisions….
Many business owners think of customer service as “just one of those things” and write it off as a necessary expense. But with a little effort you can reduce the costs of providing customer service and improve your customer’s experience.
Use the secrets that credit card processors don't want you to know to drastically lower your credit card processing fees.
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