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OSYB Blog: Number Crunch!

News and Views from OutSource Your Books, LLC

First Time Hiring?

June 28, 2017 by OSYB Staff

Hiring your first employees has more impact on the healthy survival of your business than you may think.  Take heed of what intuit quickbooks has to share in  How to Hire Your First Employees. “Tony Hsieh, the CEO of Zappos, famously said in 2010 that hiring mistakes cost his company $100 million. Although Zappos is […]

How to Valuate Your Business?

June 27, 2017 by OSYB Staff

There may come a time when you want to sell your business, pursue another venture or retire.  You may want to sell your business to the next generation, to an employee, or even to a competitor.  Whatever you decide to do, you need to be able to valuate your business.   Start with an understanding of […]

A Guide to Personal Branding

June 23, 2017 by OSYB Staff

Neil Patel of Quicksprout shares the importance of personal branding and how it can help you to steer your business to success.  Building a personal brand is not about being the loudest carnival barker or inflating your ego, it’s about the process of creating a prescribed image in others of you or your service/product.  The […]

Thinking of Refinancing?

June 22, 2017 by OSYB Staff

There are a lot of reasons why and when people refinance their homes.  It is important to remember to talk to your mortgage broker and banker, your financial planner, and tax accountant, to make an educated decision and prevent you from creating a refinance mess. Some reasons why you may refinance: Obtain a lower interest […]

Do You Have A VPN?

June 21, 2017 by OSYB Staff

If you don’t know that VPN stands for Virtual Private Network, you need to.  Protecting your customers’ confidential information, and your business information should be at the top of your internet security list. TECHPLUTO shares “A virtual private network, known by the acronym VPN, is a way of keeping your browsing activity secure even when […]

Putting Ourselves First

June 19, 2017 by Ed Becker

As business owners and entrepreneurs, we usually are last in line for attending to ourselves. We work very long, exhausting hours trying to get ‘everything’ done. Which is an oxymoron, because everything is never done.  Burn out rates and business failure stats are high because the candle gets burned at both ends. We don’t make […]

Maximize Your Hiring Practices

June 16, 2017 by OSYB Staff

Finding the right person to fill a position in your company that has the needed experience, brings strong attributes to meet your business goals, fits in with colleagues, and will grow your business with you, is not an easy task.  It is a tall order, and, if you don’t have a human resources team working […]

3 Important Financial Statements

June 15, 2017 by OSYB Staff

It’s important for entrepreneurs to know the fundamentals of the three most important financial statements for reporting to those outside of the business: The Statement of Financial Position or the Balance Sheet The Statement of Income or The Profit & Loss Statement The Statement Of Cash Flows Small Business Profit Explosion summarizes and breaks down […]

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