Effective management and leadership involve creative problem solving, motivating employees and making sure the organization accomplishes objectives and goals. There are five functions of management and leadership: planning, organizing, staffing, coordinating and controlling. These functions separate the management process from other business functions such as marketing, accounting and finance. Planning The planning function of management […]
What is a bookkeeper?
Merriam-Webster dictionary refers to a bookkeeper as a person who records the accounts or transactions of a business. While the simple definition above is true, a knowledgeable bookkeeper with significant business experience can assist business owners in major as well as day to day financial decisions which could influence a companies’ future in real and positive ways. […]
How to Grow Your Business with Referral Groups
Are you ready to take business networking to the next level? Then try a business referral group. Business referral groups, also called business referral networks or leads clubs, are networking organizations with a difference: They’re all about giving and getting referrals. For business owners who want to get fast results, a business referral group can […]
10 Bookkeeping Basics You Can’t Ignore
Millions of small business owners and startup entrepreneurs are masters at creating great products and services, building awesome teams and winning over customers. Many of them, however, would probably flunk basic bookkeeping. But if you – the business owner – don’t understand the different types of “accounts” your bookkeeper uses to organize your finances, measuring […]
8 Things You Need to Know About Small-Business Loans
Small businesses may be the engine of our economy, but many small business owners view the lending process as complicated and frustrating. Too often, growing enterprises find themselves shut out when they attempt to obtain small business loans. In theory, it should be difficult to obtain funding–lenders are in the business of making money, not […]
First Steps in Opening a New Business in Texas
Deciding to open a business is a thrilling prospect and, for those who have done their research, a good decision. If you haven’t thought seriously about the pros and cons of opening a business we suggest you take some time and check out our previous blog post titled “Considering Opening your Own Business?“. After you […]
Considering Opening your Own Business?
Have you been thinking about taking the next step in your career? Is being an entrepreneur calling your name? Opening a new business can be both exciting and overwhelming. As the old saying goes if you fail to prepare you are preparing to fail. Knowing what you are getting yourself into and being prepared will give […]
17 Small Business Statistics You Need to Be Well Aware Of
If you own a small business—or are thinking about starting one—you’re in excellent company: there are 28.8 million small businesses in the United States, according to the U.S. Small Business Administration, and they have 56.8 million employees. Small businesses (defined as businesses with fewer than 500 employees) account for 99.7% of all business in the […]
Business Bookkeeping Terms
A good bookkeeper is invaluable to a business owner. This is not just because they free up your time, organize your financial life, and help you prepare for the future growth of your company. No, the secret to a good bookkeeper is a patience source of information who can help you learn […]
Small-business optimism surging, surveys show
Small business owners’ view of the economy is surging and giving them an incentive to hire. That’s the finding of surveys released last week by two advocacy groups, the National Small Business Association and the National Federation of Independent Business. The number of owners who believe the economy is doing better than it was six […]
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