Understanding How Teams Grow

Do you have employees who need to work together as a team?  Or perhaps you need to work as a team with your customers and vendors.  When people of different backgrounds get together for a common goal, there are often four stages they go through before they become a...

Metrics make the difference

Courtesy of Christie Browning Do you know the critical numbers that make a difference in your business? Those numbers such as the amount of visitors you get to your website, the number of product demonstrations you need to do to make a sale, what your average sale...

Getting Ready for Payroll in QuickBooks Online

If you’re planning to do your own payroll in QuickBooks Online, you’ll need lots of setup time — and perhaps our assistance. Payroll setup and processing is probably the most complex, challenging set of tasks you’ll encounter in QuickBooks...

“Can’t Touch This” accounts (Tax and Profit)

Courtesy of Sharon Marrell (A Profit First Professional Colleague) I added a Tax and Profit account at another bank so I didn’t have the urge to “borrow” from them. I deposit into my Tax and Profitaccount on the 10th and 25th from my income account using the CAP...

The Best Payment Terms for Faster Cash Flow

A great way to speed up your cash flow is to get paid faster by customers who owe you money.  One way to do that is to examine your payment terms to see if you can accelerate them.  First let’s talk about what payment terms are common.  Then I’ll share a...

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