Tag: small business

Total 19 Posts

Greater Revenue Through Systems of Engagement

Geoffrey Moore coined the term “systems of engagement” to describe IT systems that support multiway communication and collaboration between businesses and customers. These are distinct from “systems of record,” or those IT systems (e.g., databases and management information systems) designed primarily for one-way, read access of structured data. In today’s

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The Future of Online Accounting

The increase in the number of online accountants seems to have has coincided with the elevation of online software. As such, small business accounting is as efficient as it has ever been. There are several reasons for the rise of online accounting services. In a world where ease of use

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Smart Tools to Improve Cash Flow and Collections

No business can operate over the long term without generating sufficient cash inflows. Even a profitable firm will struggle if it can’t collect enough cash to fund operations. If cash collections are too slow, there are some great tools that can help you improve the process. When your business faces

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When Is A Good Time To Switch Accounting Services

From improper classifications to the 1099s you still don’t have prepared because you’re tracking down corresponding W-9 information, your taxes are going to need an extension—again. This is the fifth year in a row you have agonized through tax season, wringing your hands and wondering how you can fix it

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The 7 Deadly Sins of Bookkeeping

Accounting is a tedious and often stressful task for business owners. When working on the bookkeeping for a business, mistakes can occur if it is not completed meticulously. When a bookkeeping mistake happens, it provides inaccurate financial data about the company’s finances and may lead to poor business decisions. Accounting

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