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OSYB Blog: Number Crunch!

News and Views from OutSource Your Books, LLC

Collecting Past Dues or Writing Off Bad Debt?

January 22, 2015 by Ed Becker

Trying to collect past due accounts can be very frustrating. Sometimes it is a bad idea to allow credit on some accounts. Once you have a past due account, that customer should not be allowed to carry a balance again. How can you collect on past dues and when should you choose to write them […]

Top 5 Ways to Avoid an Audit

January 13, 2015 by Ed Becker

As the tax season begins, everyone is thinking about filing their returns. Not many people are thinking about getting audited; the stress of being audited is enough to keep most people honest. Even honest people and small business owners get flagged for the dreaded audit. There are things you can do or avoid doing that […]

New Year’s Resolutions for Small Businesses

January 5, 2015 by Ed Becker

Many people talk about and make New Year’s Resolutions annually. More importantly, have you ever considered making business resolutions? Do you reflect at the beginning of each year to plan ahead for changes or improvements that will help your business in the coming year? The New Year is the perfect time to effectively look at […]

5 Ways to Cut Costs to Increase Profits

December 11, 2014 by Ed Becker

With the end of the year being so busy, many small business owners are stretched thin with holiday shopping and increased staff. Oftentimes this is the time of year when business owners’ attention to detail wanes. You aren’t looking at profit margins as closely because you’re doing higher volume sales. The harsh reality is that […]

How to Survive the Holiday Shopping Season

December 8, 2014 by Ed Becker

Now that the Holiday Shopping Season has officially begun with Black Friday, Small Business Saturday, and Cyber Monday, you should be prepared for the holiday rush. Was your staff overwhelmed with the rush of business and chaos of the busiest days of the shopping year? Did you have any technical issues that needs to be […]

Does Your Marketing Strategy Help Your Holiday Sales?

November 21, 2014 by Ed Becker

As we prepare to enter the Holiday season, small businesses are striving to keep up with the large multimillion dollar companies. Many hope that their marketing throughout the year has built strong brand awareness and customers are inclined to buy locally from small businesses. Events like “Small Business Saturday” are gaining traction and “Buy Local” […]

More current and future trends for accounting firms- large and small

November 19, 2014 by Ed Becker

In this segment we will discuss current and future trends that will affect accounting firms and small business accounting companies. In order to stay competitive and keep up with your clients, your company has to continually stay on top of new trends and important changes in the same way you have to stay on top […]

What is Trending in Accounting Firms- Large and Small?

November 12, 2014 by Ed Becker

Globalization has created many new and exciting trends across the board for industries, even accounting. If you are a small, isolated business owner, you may notice these trends a lot slower. Regardless of where you are in the changing times, at some point your company is going to have to come to terms with globalization […]