OSYB Blog: Number Crunch!
News and Views from OutSource Your Books, LLC
Business Leader Assess Thyself
April 6, 2017 by OSYB Staff
Quarter 2 could be good time to assess your leadership skills. No one knows all the answers all of the time. As a leader, it’s perfectly fine to be honest with your employees and ask them to work with you to find solutions for a kink in your business plan. A strong leader can lead […]
Stay on Top of Your Receivables
April 5, 2017 by OSYB Staff
Part of preparing for your Quarter 2 should include a review of your first quarter receivables. Small Business Profit Explosion outlines some great ideas on how to make sure your receivables are flowing in through a planned system that you have designed. Make sure to include checking in on your customers after receipt of your […]
Mistakes That Can Upend Your Business
April 4, 2017 by OSYB Staff
As you start preparing for your second quarter, it’s vital to keep close tabs on your cash flow. Bill Mosca, founder of Accountiful says “Just because a business is profitable doesn’t mean it’s got sufficient cash flow to sustain itself.” Your service or goods may be selling well but a defunct cash flow can sink […]
Small Business Tips for Starting Q2 2017
April 3, 2017 by Ed Becker
The first quarter of the year is ending, this is the right time that you need to review the stats, trends, and such to have a stronger Q2. Often Q2 gets lost, because many business people think they have a lot of time left in the year to make adjustments. Throw that bad trend out […]
Automate Your Business Using Quickbooks and Zapier
March 30, 2017 by OSYB Staff
Your small business needs to be automated. Demystify how Zapier and Quickbooks automate your credit card transaction, online payments and other transactions, freeing you up to make more sales. Check it out: How to Use QuickBooks and Zapier to Automate Your Business
Free Template to Balance Your Sheets
March 29, 2017 by OSYB Staff
Intuit Quickbooks details how balancing your sheets and understanding how it is connected to your other financial statements can help you make better informed decisions with possibly better financial results. Read more: A Small Business Owner’s Guide to Balance Sheets (and a Free Template)
Catching Tax and Financial Crooks is Harder
March 28, 2017 by OSYB Staff
Understand how cuts in the IRS budget and experienced agent attrition is affecting the IRS’s ability to do their job. Staffing levels have been paralyzed at 1956 levels and there is no change in sight, but they have improved efficiency and the quality of their cases. See what Don’t Mess with Taxes has to share: […]
Filing Tax Return as Self-prepared vs. Professional Preparer
March 27, 2017 by Ed Becker
Tax return filing deadline is creeping up pretty quickly! If you have not already made a decision of how you will file, it’s getting down to the wire now. Many tax professionals will be booked up by now, or have very few openings. If you have never used a tax professional, you should be choose […]
