Posts Tagged ‘Financial Management’
How to Handle Franchise Accounts
The ability to understand franchise accounts is arguably the most important skill that a franchisee can possess. While some franchisors will offer to take over this responsibility, franchisees need to have a comprehensive knowledge of franchise accounting practices for their own protection and control.
Read More The Real Cost of Overtime
Whether you pay hourly or by salary, overtime is expensive and often not worth the expense. In most cases your employees should be able to complete their work in the 40 regular hours each week.
Read More 4 Ways to Separate Your Personal & Business Finances
As the owner of a small business, separating your business life from your personal life is a must. One way that this can be done is to draw a bold line between one’s personal finances and business finances.
Read More 5 Tips for Small Business Owners to Save More Money
Dollar signs are a big part of what small business owners see in their eyes when operating a small business. These dollar signs represent both potential income for a company and any expenses it incurs. When there is plenty of money to go around, things are great. However, when money is tight for small business owners, it can be quite challenging.
Read More 7 New Years’ Resolutions to Set for Your Company
As 2013 draws to an end, you’re probably focused on closing out the year with a bang. You’ve got to think about taxes, dealing with old inventory and any other details that will help you make sure that the you can move on to next year.
Read More Looking to Expand to Another Country? Check Your Finance Translations First
There are many barriers to entering into a completely unfamiliar market in another country, but the benefits that it carries are huge. One of these barriers can be language.
Read More 10 Tips for Making Payroll Simple and Stress Free
Payroll can be one of the most cumbersome areas for business owners to tackle. Number-crunching, creating reports, and keeping track of all kinds of data is enough to make many individuals want to hide under their desks.
Read More How to Keep Thorough and Accurate Books
There are a lot of factors that go into running a successful small business, and one of the most important is one that many small business owners (especially those who are just starting out) overlook: bookkeeping.
Read More Need to Cut Corners? 9 Tips for Dealing with a Budget Cut
The economy in the past few years has not been kind to businesses owners. Sometimes you can’t cling to idealistic notions of how your business should be run, and hard tactics have to be implemented to ensure the survival of your company.
Read More How to Account for Gift Certificates in Your eCommerce Store
So you decide you want to issue gift certificates. How does the accounting work for those? It is a little involved, but nothing that is beyond the capability of services like GoDaddy Bookkeeping to handle.
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