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OSYB Blog: Number Crunch!

News and Views from OutSource Your Books, LLC

Does Your Online Reputation Need Tweaking?

October 18, 2018 by OSYB Staff

So perhaps, you made a mistake and your online reputation was tarnished, or you just started your business and need to build your reputation or you’ve been in business a while and have not paid attention to your online reputation.  Here are some stats that Research shows that “in the 25-34-year-old age group, 84% have left […]

Should You Lease?

October 16, 2018 by OSYB Staff

Bloomberg Accounting Blog shares some things to consider when making leasing decisions due to the new lease accounting standards.  Here are some things to consider: “Historically, many companies were attracted to leasing because under the old rules, companies could keep their leases off-balance-sheet. Now, under the new leasing standard ASU 2016-02, companies are required to recognize […]

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 […]

Cyber Criminals Target Natural Disaster Victims

September 25, 2018 by OSYB Staff

Natural disaters are calamitous for all the people affected by it.  Also, extremely tragic is that cybercriminals take advantage of this vulnerable population for their own gains.  Individuals and corporations are equally at risk.  Disasater victims, volunteers and donors are vulnerable to “phishing” attacks as they have to communicate with unfamiliar people and groups.  When […]