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OSYB Blog: Number Crunch!

News and Views from OutSource Your Books, LLC

Should You Consider Telemedicine?

November 8, 2018 by OSYB Staff

So, what is telemedicine?   “Telemedicine is the ability to provide remote diagnosis and treatment of patients by licensed healthcare professionals virtually, often by phone or video.”  It is a supplemental service only for non-emergency situations and definitely not meant to replace all healthcare services.  If you are self-employed or own a small business, you should […]

What Benefits Can Your Small Business Offer?

November 6, 2018 by OSYB Staff

Benefits are an important key to hiring the best employees for your business.  As a small business owner, what can your small business offer to entice employees that will contribute to your company’s success?  First of all, make sure that you are in compliance with the Applicable Large Employer (ALE) requirements for large businesses under the […]

Self Employed? Save Time Invoicing

November 1, 2018 by OSYB Staff

You have achieved one of your dreams, to be self-employed.  Congratulations!  Now it is up to you to maintain a strong and stable cash flow.  If you have multiple customers, you are responsible for tracking hours, creating  invoices and sending them to customers, corresponding with accounts payables, and ensuring that your invoices are paid in […]

Getting to Know the Self-employed

October 30, 2018 by OSYB Staff

QuickBooks Self-employed surveyed 923 self-employed people to document the reasons for being self-employed, how and why they got started and what motivates them to succeed.  Here are some of the results of the survey:  Why self-employment? They have a hobby that they are passionate about and have wanted to pursue it for a long time. […]

Business Credit Card or Small Business Loan?

October 25, 2018 by OSYB Staff

Bankrate.com shares that “According to the Small Business Administration, a third of American businesses get started with less than $10,000 in capital.”  Is that a feasible financial situation for most businesses?  If not, what do most business owners do?  Some finance their businesses from personal savings accounts or personal credit cards.  A more appropriate option […]

Some of the Small Business Association’s Successes in the last 65 years

October 23, 2018 by OSYB Staff

Forbes honors the 65th anniverary of the Small Business Administration (SBA) by sharing 3 business success stories.  The SBA’s mission states, “Small business is critical to our economic strength, to building America’s future, and to helping the United States compete in today’s global marketplace.”   Here are 3 businesses that started off small and were recipients […]

Does Your Online Reputation Need Tweaking?

October 18, 2018 by OSYB Staff

So perhaps, you made a mistake and your online reputation was tarnished, or you just started your business and need to build your reputation or you’ve been in business a while and have not paid attention to your online reputation.  Here are some stats that Research shows that “in the 25-34-year-old age group, 84% have left […]

Should You Lease?

October 16, 2018 by OSYB Staff

Bloomberg Accounting Blog shares some things to consider when making leasing decisions due to the new lease accounting standards.  Here are some things to consider: “Historically, many companies were attracted to leasing because under the old rules, companies could keep their leases off-balance-sheet. Now, under the new leasing standard ASU 2016-02, companies are required to recognize […]

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