QuickBooks has a simple year-end process for both QB Desktop and QB Online. The distributor/owner’s role in this process is to record all cash inflows and outflows through the year-end (bank and credit card transactions) and reconcile these accounts with their corresponding statements.
Read More
I hear this often, and it’s OK. Sales is your superpower, and what a skill that is! If you do your accounting and it takes too long or you expend too much energy, it’s defeating and likely not cost-effective.
Read More
Do you wonder if you are really successful in this industry? In my view, if you meet these three requirements, you are a true success.
Read More
An Employer Identification Number could be a more secure choice than your Social Security Number when setting up an LLC.
Read More
We all know daily vitamins power our body for optimum health. Vitamin C helps power your mindset for optimum success. “Vitamin C” for success is confidence.
Read More
The good news is that QBO is continually tested and it is improving. The bad is that the learning curve is, and will be, long and shallow.
Read More
QBO does not have a sales order function. Sales orders, purchase orders and estimates are what are known as “non-posting” transactions.
Read More
The most obvious benefit is that QuickBooks Online (QBO) is accessed online, from anywhere you can log in – on the road, from your office, home or wherever. And, so can your employees or accountant.
Read More
Changing leadership styles is not an overnight process. It takes time. Here are six ideas to help implement, inspire and engage leadership style.
Read More
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…
Read More