Accounting adjustments can be a red flag for an auditor. If a company has an experienced accounting staff and strong internal controls, they’re going to get most things right. Each accounting entry is supported by sources documents, such as invoices, receipts, and purchase orders. Accounts are reconciled in a timely manner, and the financial […]
Do you notice all of the delivery trucks on the road? At one point the other day, I saw Amazon Prime, USPS, and Fed-X trucks: all in the same block. The volume of trucks increased during the pandemic. Sure, online business is booming, but a big factor is shipping costs. How to you […]
If you’ve ever felt that the static location and four walls of your store or office have limited your ability to spread brand awareness physically, then don’t be afraid to branch out. Your physical marketing and branding efforts don’t have to start and end in the physical space that your store occupies, after all. Hire […]
Although you might not see your employees much outside of work, there’s no denying that they also have personal lives. In fact, things that are happening in their personal lives can often affect their performance at work. While the simplest thing to do might be to tell your employees to leave their personal issues at […]
The official statistics you see on the state of the economy can make for depressing reading. The media likes to zero in on the one negative economic factor, ignoring all of the positive progress the country has made over the last fifty years or so. While the previous decade didn’t meet the financial expectations […]
If you are planning on hosting an important business event in 2020, this blog post has you covered. We’re are going to take a look at two of the main areas of consideration when it comes to planning an important corporate event: the venue and the entertainment. Finding The Best Event Venues No […]
The school is supposed to be a child’s second home. It is where they learn about various subjects that can be useful in their everyday lives. It is also where students meet life-long friends and teachers who can make a difference in their lives. Their respective parents have the primary responsibility of choosing a […]
Creating new revenue streams is a smart business decision, but how to you assign company costs to each source of revenue? The process can be difficult, and if you don’t allocate costs in a way that makes sense, your financial results will be distorted. You won’t understand how profitable a particular business line is, […]
The decision to hire an accountant isn’t always an easy one. Sometimes it can feel obvious that you need to hire someone to help with your finances, but there are other occasions when you tell yourself you can do it on your own. However, an accountant can help you with a number of different things. […]
There’s nothing wrong with promoting a loss leader product to get customers in the door. Your grocery store does it all the time. Around July 4th, the store advertises rock-bottom prices for charcoal, hot dogs, buns, and other items for your holiday picnic. They also bundle these products into a nice display area […]