Are You Coachable?

If you are like most people, I imagine you think you are coachable. But are you really? Here are 3 questions to help you find out for yourself: There are only a few reasons that the average distributor in our industry has sales well under $500,000 per year.  In my opinion, having spoken with hundreds of thousands of distributor owners and sales reps, most people are underperformers because they are not coachable.  When people start out telling me that they’ve been in the business XX number of years, I know…

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Which QuickBooks Version Is Right for You?

Ask the Accountant… Question: I have never used QuickBooks before. Which one should I buy: Desktop or Online? Answer: I have been a fan of QuickBooks Desktop (the regular one) for distributors, but over the last several years, Intuit (owner of QB) has been strongly pushing QuickBooks Online (QBO). It has become apparent that QBO is the future of QuickBooks. For this reason, I recommend that any distributor who is new to QuickBooks go with QBO. I don’t want to see anyone go into Desktop and then have to switch…

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Ask the Accountant: Can I Move Order History to QuickBooks?

Ask the Accountant… Question: I am thinking of converting from another industry software into QuickBooks Online. Can I move my order history from my old system into QuickBooks? Answer: I get this question often when discussing system conversions with distributors. Unfortunately, you cannot move order history from another order management system into QB. You can, however, move your Customer and/or Vendor List from your current system into QBO, although I strongly suggest you clean up your lists before making this move. If you are currently in QB Desktop (Pro, Premier…

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