How to Get Professional business stationery on a tight budget
If you’re like most budget-conscious companies, any opportunity to grow your business while saving a few dollars is a win. These tips will help you create professional business stationery that builds trust in your brand, promotes your company, and helps market your...
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Are You Falling Behind By Not Automating These Business Activities?
The daily processes and transactions involved in operating a business can mean long hours of repetitive tasks and occasional oversights due to human nature. Automating these tasks can result in significant savings in resources and eliminate mistakes caused by human...
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5 Common Bookkeeping Pitfalls – and How to Avoid Them
Although most entrepreneurs recognize the importance of careful financial management, few want to spend their time dealing with numbers. Unfortunately, not keeping a close eye on your income and expenses can be very costly for a business. Here are five of the most...
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How to Set Payment Terms If You’re a Freelancer or Contractor
Following up on late or non-paying customers is no freelancer’s favorite task. Which is precisely why you need to set payment terms up front – and in writing – before you work with a new client or customer. By communicating and agreeing on the non-negotiables for...
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11 Tips for Overseas Business Travel
Tip Tuesday! If you’re ready to expand internationally – perhaps you plan to open a store overseas, start working with international clients or make a leap into exporting – these tips will help you prepare for hassle-free business travel. Travel tip 1: Check your...
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The Perfect Budget for Your Profitability
A budget is not to be thought of as a financial limitation. A budget is only a plan that outlines how you want to generate sales, spend your money and ideas on how you can organize your business financial affairs that best suits your financial success. If you have a...
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Quick Tips for 1099’s
Tuesday Tip Day! Businesses that hire independent contractors should be familiar with the 1099-MISC which is sent out to contractors to use for their tax-filing purposes. 1099 forms are only sent to sole proprietorships and partnerships. You do not need to send a...
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5 PayPal Alternatives to Send and Receive Money Online
PayPal is the world leading online payment service. You can transfer money to and from your bank account, pay for goods, and even receive payments worldwide. It's a useful tool for entrepreneurs, freelancers, and even for personal use. However, it does have its...
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Accounts Receivable – Year End Review
It is time to start taking a serious look at your Accounts Receivable. Accounts Receivable is a significant current asset on your balance sheet. This amount is reported as “net realizable value” – the amount that is expected to be received from customers in...
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Are You Prepared for Year End?
Are you ready for year end? At the end of the year, it’s very important to review your business financials as this information will be used to prepare your tax returns. It’s important for you to review and understand your business financials regularly throughout the...
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