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OSYB Blog: Number Crunch!

News and Views from OutSource Your Books, LLC

Answers to Frequently Asked Questions About Health Care Reform

September 18, 2013 by OSYB Staff

There are many questions from business owners about the Health Care Reform laws that will be going into effect over the next couple years. And with good reason they are asking questions. It is a lot of new requirements and much of it is confusing. Here are some FAQs to help you sort it out. 

On Big Corporate Bond Deals

September 18, 2013 by OSYB Staff

Verizon to offer a large corporate bond deal, very large between $20-50 billion sold. They are raising money to buy out Vodaphone’s 45% stake in Verizon Wireless. The pricing will have to be very attractive to generate interest in purchasing from those not dedicated to corporates. Read more details here.

3 Things You Can Do Today to Greatly Reduce Theft in Your Business

September 18, 2013 by OSYB Staff

On a tailspin of last week’s Accounting Fraud article which got people asking for more. Here are 3 more things you can implement today to reduce theft in your business. Three very simple and quickly implemented tips that will definitely improve your checks and balances and cut down on theft. Read tips…

Should You Buy Shares of Stock or Not?

September 17, 2013 by OSYB Staff

Why would people buy stocks in companies when they have no control? The average person has a limited amount of money to invest. So they buy what they can and what they think will yield a profit, ROI, at some point. They look for stocks that they believe will compound in value. Read more…

On Voluntarism

September 17, 2013 by OSYB Staff

It is always a good thing to give your time and your expertise to others when you can. Finding time to do this may seem tough, but if you start out slowing you will enjoy it and then you will find more time to give more. It just seems to happen. 

The Financial Accounting Foundation Has Outlived Its Usefulness (As if it Ever Was)

September 16, 2013 by OSYB Staff

The FAF, Financial Accounting Foundation, established in 1972 does not seem that it has really accomplished anything that it was intended to do. Now a decade later it seems that we are ultimately back at square one and starting over because the FAF has really not accomplished anything during this time. 

3 1/2 Creative Accounting (Fraud) in Creative Agencies

September 15, 2013 by OSYB Staff

Fraud can happen in any business. It does not have to be a large corporation for someone to figure out a way to steal. Most business owners are very busy and trust in their people. They are not always aware of the day to day finances. Read this for a few typical scenarios.

Having trouble getting paid by customers? – Try these 8 tips

September 15, 2013 by OSYB Staff

Many business owners have problems with late paying customers. This can cause cash flow problems. It is never easy to budget if you don’t receive payments when you expect them. But you don’t want to lose customers by being too pushy. Read this article for eight great tips on how to get customer to pay […]