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OSYB Blog: Number Crunch!

News and Views from OutSource Your Books, LLC

Identify Your Target Market

February 27, 2018 by OSYB Staff

Neil Patel, Quicksprout, shares why identifying your target market is vital for the life of your startup.  Without a clear target market and a strategically crafted marketing campaign you will fail to produce high conversion rates at low acquisition costs.  CB Insights shares the 2 top reasons why startups fail :   42% of startups […]

To Partner or Not to Partner

February 22, 2018 by OSYB Staff

In the business world, sometimes when a person becomes a partner, performance evaluations are often no longer discussed nor implemented.  This omission can cause critical problems especially when a partner is under performing in both tangible and intangible ways. Accounting Today shares a variety of ways that partner evaluations can be done: Build an agreed […]

Small Business Planning for Emergencies

February 20, 2018 by OSYB Staff

As a small business owner, you have to strategize and plan short term and long term business and financial plans.  Don’t forget to include a comprehensive business natural disaster plan. Natural disasters can occur anytime, anywhere and everywhere.  So why and how should you plan for an unpredicatable occurrence?  QuickBook Intuit had some thoughts to […]

Consider These 7 Suggestions Before December 31 for your 2017 Tax Filing

December 28, 2017 by OSYB Staff

Don’t Mess With Taxes has 7 important items you should consider acting upon before December 31st in consideration of the new 2018 tax laws: Prepay your property taxes Double up donations Make medical moves Bunch other deductible expenses Recharacterize your Roth Don’t take out that home equity loan Don’t get married As always, discuss these […]

Employee Extras that Count

December 19, 2017 by OSYB Staff

Accounting Today and Best Companies Groups have been raking the best firms to work for over the last ten years.  This year’s survey showed 11 employee perks that the top firms are at an advantage in providing.  Here in no particular order: Flexible work hours and shortened work weeks Formalized succession planning practices or programs […]

Freelancers, Know Thy Time-Tracking Applications

December 7, 2017 by OSYB Staff

As a freelancer, tracking the time you spend on numerous clients can sometimes be cumbersome and confusing.  Freelancers that don’t track their time meticulously will lose precious income.  Intuit Quickbooks has done some research and here are their 6 favorite time-tracking applications: Best Time-Tracking Apps for Personal Productivity   Productivity Time Challenger – “For those […]

Do You Run an Effective Meeting?

December 5, 2017 by OSYB Staff

Staff often complain that they spend too much time in meetings which leaves with less time to perform their tasks.  Small Business Profit Explosion shares some tips on how to run meetings that make an impact and give employees the time and tools to effectively reach their goals.  Here are some ideas to consider: Ask […]

Accountant Consider Rebranding Thyself

November 13, 2017 by OSYB Staff

It appears that accountants should consider rebranding themselves as a hiring trend shows that small businesses do not include accountants in their top ten positions to recruit.  Here are the current 5 top finance jobs in demand by small businesses: Business Analyst Business Development Manager Data Analyst Estimator Audit Manager Unfortunately, accountants are facing archaic […]