It’s time to start making good decisions on good data
It's time to start making good decisions on good data. Running a services business—whether it’s plumbing, consulting, or HVAC—requires a ton of juggling! Accounting might not be (is almost certainly not) your favorite. But having good, clean accurate info is the key...
6 Quick Tips to Collect Faster from Your Clients in 2024
Increasing your profit in 2024 can be as simple as speeding up collections from your clients. The faster you collect, the more cash you have in the bank. Here are six tips to help you accelerate the collection process and boost your bottom line. 1. Tighten Your...
Increasing Profit in 2024 – Mastering Supplier Negotiations
One of the easiest ways to increase your profit in 2024 is negotiating with your suppliers. Here are some ideas to help you ace your supplier negotiations: Know Your Worth: Get a list of your vendors, rank ordered by how much you spend with them. Who is your biggest...
Four Steps to Higher Profit in 2024
We have helped a ton of clients increase their profit with a simple 4 step program. STEP 1: A PICTURE is worth 1,000 words. Get rid of the Financial Statements (created by accountants for accountants) and tell your accountant to switch to using simple charts and...
Unlock your profit growth with the 80-20 rule
There are lots of ways to increase profit this year. One of the best ways is to focus on the 80-20 rule. Simply put, the 80-20 rule (aka the Pareto Principle) is: “Roughly 80% of outcomes come from 20% of causes.” - Quoted from about a million websites....
Four Simple Accounting Hacks for Non-Accountants
Hack #1: Become a “Receipt Ninja”: Snap photos of your receipts on a mobile app that connects with your accounting software (like Dext). As long the app is set up properly, it will save tones of time. Hack #2: More Pictures, Less Numbers: Turn your books into charts...