Ideas to Help Make Payments During Tough Times

Posted on 20. May, 2020 by in Budget, COVID-19, Managing Finances, Small Business Tips

If you’ve been recently laid off, here’s how you can get some quick cash to help pay your bills. You’re not alone in trying to navigate the financial uncertainty during the coronavirus pandemic. Millions of American workers who lost their paycheck because of COVID-19 need to find creative ways to pay bills. Here are 6 […]

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New Rules Mean Saving More for Retirement

Posted on 27. Feb, 2020 by in Managing Finances, Misc. Articles, Retirement Accounts, Tax Tips

The Setting Every Community Up for Retirement Enhancement Act, also known as the SECURE Act, was passed by Congress in late December 2019. Here are some of the features in the new legislation that will help you save more for retirement: Money can continue to grow tax deferred If you turn 70½ in 2020 or […]

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Make Your Cash Worth More

Posted on 16. Jan, 2020 by in Cashflow, Managing Finances, Misc. Articles, Small Business Tips

Your cash is parked. Do you know if it’s making or losing you money? For instance, letting it sit in a non-interest-bearing account is a waste of earnings potential. It’s actually losing money if you factor in inflation! Here are some ideas to help you make the most of your banked cash: Understand your bank […]

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Do You Have a Revenue Plan for 2020? 

Posted on 09. Jan, 2020 by in Managing Finances, Small Business Tips

 A great way to start the New Year is to get clear on exactly how you can make your revenue goal number.  A revenue plan is the perfect tool.  You’ll need to be proficient in Excel, and if not, you can work with your accountant on this very important and enlightening spreadsheet.     Start by listing all of your […]

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The Short and the Long of It

Posted on 21. Nov, 2019 by in Accounting, Managing Finances, Small Business Tips

The balance sheet is one of the main financial reports for any business.  Among other things, it shows what a company owns, what they owe, and how much they and others have invested in the business.  One of the characteristics of a balance sheet is how it separates what you own and what you owe […]

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Tips to Improve Your Credit Score

Posted on 08. Nov, 2019 by in Managing Finances, Small Business Tips

Your credit score is more important than ever. Once viewed as a necessity when applying for a mortgage, it now factors into renting an apartment, paying for utilities, buying a cell phone, and determining the amount you pay for home and auto insurance! Here are tips to help you improve and maintain a good credit […]

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Ideas to Improve Your Financial Health

Posted on 04. Nov, 2019 by in Managing Finances, Small Business Tips

No-one likes to be blindsided by financial hardship. Listed here are ten ideas to help ensure your financial health stays healthy. Your safety net. Plan to have a minimum savings balance to cover three months of expenses. Ideally this should be six to twelve months. If your reserves are light, start saving now. Even if […]

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Budgeting Made Simple for the Small Business Entrepreneur

Posted on 31. Oct, 2019 by in Bookkeeping Articles, Budget, Managing Finances, QuickBooks, Small Business Tips

Most of us came from the corporate world where working with budgets was an everyday occurrence. So now you are the one in charge and budgeting is the last thing on your mind for your business. Budgeting is just as important to the small business owner as it is to major corporations. It helps control […]

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Seven Simple Ideas to Help Your Small Business

Posted on 29. Oct, 2019 by in Bookkeeping Articles, Cashflow, Customers, Human Resources, Managing Finances, Small Business Tips

If you are like millions of taxpayers trying to make a living running a small business, you know it is tough out there. Here are seven ideas to help your business survive and thrive.  Understand your cash flow. One of the biggest causes of business failure is lack of understanding cash flow. At the end of the […]

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Bill collector calling? Know your rights

Posted on 23. Oct, 2019 by in Managing Finances, Misc. Articles

Maybe you’re behind on paying your bills because of circumstances outside of your control. Or perhaps there’s been an error in billing. Either way, these scenarios may lead to a run-in with a debt collector. Fortunately, there are strict rules in place that forbid any kind of collector harassment in the U.S. If you know […]

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