BLOG
6 Tips when Returning to Work Post COVID
As regions in the US begin to open up again and enter into this uncharted territory of post-pandemic life, there are lots of questions and even fewer answers about returning to work. As the business owner, there are obvious concerns about keeping your employees safe...
6 Tips when Returning to Work Post COVID
As regions in the US begin to open up again and enter into this uncharted territory of post-pandemic life, there are lots of questions and even fewer answers about returning to work. As the business owner, there are obvious concerns about keeping your employees safe...
UPDATE: PPPFA Loan Changes
The ups and downs and sideways changes with the Payment Protection Progam continue! On June 5th, President Trump signed into law the PPPFA (Payment Protection Program Flexibility Act). Back in April, we posted this article on How to use your PPP loan. Since then, a...
New Ways To Sync with Reach Reporting
Reach reporting has expanded its customer base!! Since our creation, we have synced only with QuickBooks Online and QuickBooks Desktop. Syncing with Quickbooks has worked well, and we are proud of what we created! Like all things, though, if you're not moving forward,...
Four Crucial Business Metrics To Know
Regardless of what kind of business you are running, understanding business metrics and financial numbers are crucial to running a successful company. You may be lucky enough to have loyal customers, referrals you don't have time for, and an in-demand product. If you...
5 Tips to Simplify Financial Reporting Software
Financial reporting software is fundamental to the long-term success of an organization, uniquely small-to-medium sized businesses. It is the indispensable method of documentation that, in a nutshell, monitors the money coming in, and the expenses going out. Mary...
How to use your Payment Protection Program Loan
The US Government recently authorized the Paycheck Protection Program or PPP. The first round of forgivable loans has closed, and approximately $349 billion was distributed to small businesses across the country. A second round is expected by weeks end, but for now,...
7 Ways to Stay Productive at Home
Most of us are spending much more time at home these days—much more time. You are most likely reading this from home at the kitchen table or living room couch. Some of you probably have a dog or cat staring at you, wondering why you are not at work. These are most...
Managing Business in Time of Crisis
If you are a small business owner, I am sure you are intensely stressed and are looking at things day to day if not hour by hour. Did you have a plan in place for crisis situations like the one we are in now? If so, how is it going? Let's talk about a few steps and...
Identifying & Combating Work Burn-Out
Ever pulled into your work parking lot and just sat in your car? Cried a little when your alarm goes off because you know what your day brings. Whether it’s a difficult client or a micro-managing boss, either way, trudging into work feels like climbing Mount Everest....
How to Network and Get Results.
Whether you like it or not, networking is vital to being in the business world. It can be the most effective and least expensive way to promote yourself and grow your business. If you mostly conduct business in your local area, this is especially true. ...
Finding and Retaining High-Value Clients
Your Most High-Value Client may Surprise you It's pretty common knowledge that acquiring a new customer is exponentially more expensive than retaining a current customer. As you work to discover who your high-value client or clients are, you will begin the...
Two Key Changes to 2020 Tax Laws
Tax laws are ever-changing. This is not new, and keeping up with the changes is enough to make your head spin. This year the changes bring good news to those who want to spend less and save more money in 2020. The IRS has made revisions in two places, making it...
4 Financial KPI’s to Never Ignore
It’s the new year, and you have set some new or revised goals for your business. Excellent! Now what? How do I know if I am headed in the right direction? What information will help me course correct or tell me I am on the right path? Key Performance Indicators, or...
7 Tax Season Tips to Survive and Thrive in 2020.
The holidays are winding down, the decorations are getting put away, and you are recovering from your food/sugar coma. January is here, and any CPA (or the loved one of a CPA) you know this means you are headed into tax season (insert doom music here). There is no...
Creating a Small Business Budget
Budget, it’s not a four-letter word, but to some people, it may as well be. We work hard gathering the expected and unexpected costs of running a business, add in potential income, and create a budget. Then only to struggle (and most often fail) to adhere to...
3 Red Flags to get the IRS’s Attention
How to get an Audit for your Small Business The dreaded A- Word!!!! AUDIT!!! While audits for small businesses are less frequent than audits for individuals and large corporations, they are most certainly on the rise. Audits can be scary, time-consuming, and...
How to bring clients into the 21st Century
Everyone has at least one of these clients. Utterly uninterested in new technology or pretty much anything from the 21st century. They love their shoebox of receipts, their paper ledgers, and manual calculators and want to stick to using them. Their love of the "old...
Does Your Financial Reporting Boost Revenue?
Today’s financial reporting goes far beyond what it did in the past. Forget those QuickBooks reports of yesteryear. Technology has changed how and when we receive business information. In turn, along with how it affects the decisions we make in order to boost...
How saying “no” can make you more successful.
“Really Successful People Say No To Almost Everything” -Warren Buffett Why is saying “no” so difficult? Whether in the business world or in our personal lives, we want to help people, we want to please our friends and family. We have a fear of letting someone down or...
3 Purposes of Writing Annual Reports
Can you believe it is October? At my house, the leaves are changing, and the temperature is dropping. These things tell me it is time for sweaters, football games, pumpkin spice everything, and if you are in the accounting industry, annual reports. Most companies...
Time is Money – 3 ways be more efficient.
Time is money. Wasted time means wasted money means trouble. -Shirley Temple The original quote of "Time is Money" came from Benjamin Franklin back in 1748. He wrote it in a manual for young men entering the business world — sound business advice 271 years...
Create a Financial Story with Reports.
Create Reports that are Understood and Appreciated This post could also be titled "Accomplish the seemingly impossible." Seriously though, as an advisor, we honestly want our clients too truly understand where they stand financially. That's why you do what you do each...
Make your Annual Report SHINE!
It's coming up on that time of year again. Believe it or not, we are in the last quarter of the year, which is your cue to start gathering the information to build annual reports for your business or your clients business'. I heard that groan… don't stress! Reach...
Do I need to use Cloud Accounting?
Unless you have been living under a rock, chances are you have heard the term "Cloud technology." It is becoming the new norm in many industries, including the accounting industry. Intuit predicts that 78% of small businesses will use cloud technology by 2020. Not...
Do’s and Don’ts of Financial Reporting.
Financial reporting is a tough play. We get it. You, as the financial advisor, are required to provide reports that are insightful, beautiful, and that deliver a clear message. That's a tall order. If that weren't enough, your client is judging YOU on this. They have...
Four Accounting Mistakes Hurting your Business
Did that title make you cringe a little? I promise you are not alone; we all are guilty of having at least one lazy accounting habit. It doesn't matter how long you have been in business; we could all use a small reminder (or large reminder!) of some best practices....
Work Smarter not Harder
Two ways to spend less time at the office and have happier clients We have all heard the quote "No one ever said on their deathbed they wish they had spent more time at the office." We love our jobs and find great satisfaction in what we do and how we help people....
The Why and How of Setting Financial Goals
Stop setting goals. Goals are pure fantasy unless you have a specific plan to achieve them. -Stephen Covey It is January 1st, and you are up early with your new running shoes, your headphones on with some heart-pumping music and you are killing it on that treadmill....
Reporting Software and the Small Business Owner
Success isn't always about greatness. It's about consistency. Consistent hard work leads to success. Greatness will come. -Dwayne Johnson You have done it! Gone out on a limb and started your own small business. You have taken something you love and are good at...
5 Reasons to Change Financial Reporting Systems
Ever had one of those moments when you are staring at your screen debating between laughing, crying or throwing your computer out the window? All because the software that is supposed to make your job easier is only complicating it more? Your financial reporting...
Financial Reports You Should Be Running
Running a business is a non-stop job. Keeping yourself up to date on the financial in’s and out’s of your company alone could keep you plenty busy. There are a handful of financial reports that need to be reviewed on a regular basis, monthly or at least quarterly....
Benefits of Financial Reporting Software
Ever wondered... “Is financial reporting important?” The simple and quick answer is YES!! The more detailed answer is a little longer. There are many reasons why reporting software is essential to running a business. Once you see the benefits you will begin to wonder...