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OSYB Blog: Number Crunch!

News and Views from OutSource Your Books, LLC

Position Your Small Business to be Competitive this Holiday Season

October 11, 2018 by OSYB Staff

It’s time to gear up for what is the busiest season of the year for most small businesses.  “According to the National Retail Federation, sales could climb even higher than initially predicted due to higher wages, more disposable income, and a strong job market.” Don’t let major online e-commerce giants dwarf your ability to compete for […]

Are Your Instagram Posts Engaging?

October 9, 2018 by OSYB Staff

QuickSprout shares that Instagram has more than a billion users.  Your presence is needed on Instagram and you should be utilizing Instagram ads.  It’s not enough to have a profile, you need to be active on Instagram, 500 million users are actively daily.  The US demographics reveal that almost 60% of users are under the […]

Are You Putting Instagram Ads to Work for You?

October 4, 2018 by OSYB Staff

Are you utilizing Instagram ads to reach your current and potential clients?  If not, here’s why you should be: more than 70% of businesses use Instagram 70% of hashtags are branded if you are not using Instagram, your competitors probably are 80% of Instagram accounts follow at least one business profile Here’s one main reason […]

Do You Have a Solid Grasp of Your Retained Earnings?

October 2, 2018 by OSYB Staff

Let’s start with a defintion of retained earnings, Intuit QuickBooks shares, “retained earnings are defined as the sum of all company profit since business inception, less all earnings payments to owners since inception.”  You need to know your retained earnings because it is a key metric that will help you measure your small business’s long […]

Jump on the 2019 Back to School Bus Early

September 27, 2018 by OSYB Staff

If you missed the 2018 back to school business opportunities, you need to start planning now for 2019.   Intuit QuickBooks shares, “The National Retail Federation estimates that the total spending for K-12 schools and college combined was $82.8 billion in 2018, presenting a big opportunity for businesses in all industries to capitalize on the school […]

Are You Using Apps in Your Accounting Procedures?

September 20, 2018 by OSYB Staff

“According to research from Intuit, nearly 70% of small businesses realize the value of using apps to streamline business functions, but 41% say they are unsure which apps would be most useful to their business.” Here are three accounting related processes that can benefit from integrating apps: Eliminate data entry – use a time tracking […]

Thinking of Starting Anew Professionally?

September 18, 2018 by OSYB Staff

Are you getting a career itch?  You might be suprised but a lot of people change careers for a variety of reasons.  So don’t be daunted.  However, it is a good idea to have a solid plan in place and judiciously follow some steps.  See what TechPluto has to say to help you get your […]

Is Your Social Media Marketing Effective?

September 13, 2018 by OSYB Staff

So, you know you have an established client base, but this does not preclude you from requiring a strong social media presence.  Effective social media marketing will help you to acquire new clients and increase your profit margins.  If you wait too long, other businesses may surpass you with their connections to potential clients.  Check […]