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OSYB Blog: Number Crunch!

News and Views from OutSource Your Books, LLC

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 […]

How to Add Value to Your Business

March 6, 2017 by Jarred Berman

When it comes to purchasing real estate, the age-old proverb holds true: location, location, location.  When it comes to purchasing a business, the same holds true, except the proverb goes like this: valuation, valuation, valuation. Valuation experts are looked at to ascertain a value, or a range of values, for the subject interest in question.  […]

Making the Most of Business Credit Cards

August 29, 2013 by Ed Becker

Business credit cards are a double-edged sword. If you’re not the type of manager who can meticulously manage spending – don’t bother with credit cards in the first place. If you’re up the challenge, they can be a great way to improve the financial flexibility of your business. Avoiding Credit Card Traps Although they won’t […]

Dealing with Seasonal Cash Flow Dilemmas

August 9, 2013 by Ed Becker

Virtually all businesses encounter cash flow setbacks at one point or another. Pool maintenance services are hit hard during the winter months, retail shops see sharp declines after the holiday season, and most tax preparers close up shop after the April 15th deadline. A quick glance at the books of any business will show seasonal […]

7 QuickBooks Apps that will Maximize Bookkeeping Efficiency

April 29, 2013 by Ed Becker

Synopsis: An overview of 7 exciting QuickBooks Apps that can improve bookkeeping efficiency for small businesses. The rapidly evolving Intuit App Center offers software add-ons that can dramatically improve bookkeeping efficiency. The app center allows 3rd party software developers to create powerful new services that expand the core QuickBooks experience. Below you will find 7 […]

Small Business Cash Flow: How to Improve It?

November 28, 2011 by Ed Becker

Cash flow and profitability are not the same thing. Understanding the difference is critical for the health (and survival) of your small business. Many small business owners run their businesses by watching there bank balances, but this can be a recipe for disaster because they are not considering key items like outstanding checks and loans. […]