Year-end is coming up for many businesses, and it’d be nice to know what your final revenue and profit numbers will be for the year. Before we can calculate these key numbers, there are year-end adjustments that may need to be made to your books that will change the numbers. Here are seven common ones. Bonuses It’s great to give bonuses to employees at year-end, but it’s not so great to forget about the tax…
Read MoreRunning a business is filled with regulations everywhere you turn. These can drain precious time away from the core of your business, but if you ignore them, there could be huge financial consequences you may be risking without even realizing it. The best way to handle them is to understand your exposure, consult with any experts you need to bring in, create a checklist, and make sure you’re in compliance. Here’s a head start in…
Read MoreIf you’re looking for ways to boost your productivity, technology is a great place to start. The good news is there are many free options available. Here are five favorites you might not know about. 1. Bridge lines. If you need teleconference lines, you’re in luck: there are many high-quality options that are completely free. You can have several people, even hundreds, dial into a line and conduct a meeting or training session via the…
Read MoreJust about everyone suffers from a lack of time to do all the things they want, or even need, to do in their business. One of the solutions to freeing up your time is to delegate. The question is, what are the most effective tasks to delegate? Here are ten ideas for you to consider (or reconsider) to free up your valuable time for more important things. 1. Social media. We didn’t even have social…
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