Question: I have been working for a Distributor for a few years, but am thinking of leaving them and starting out on my own. What steps should I take? Answer: Starting a business from scratch has many variables to be addressed, here are four from the accountant’s perspective. 1. Be sure you are free of…
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Happy Halloween, everyone! And welcome to another exciting installment of my fave five. This week, there were a ton of awesome sports promotions, and a variety of other items that caught my eye. Keep reading for my five picks. 1. Sixers ‘Rocky’-Inspired Jerseys The Philadelphia 76ers debuted their City…
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Question: I am planning to grow my business. Should I just start out in QuickBooks Enterprise? Answer: “Big” is a relative concept. I have several ad specialty distributor clients who generate $3 million in annual sales, and QB Premier serves them perfectly well. QB Enterprise does have more features than Premier, but many are not…
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What a week it’s been for promotional merchandise! From sports giveaways to charity tees, I’ve been taking note of a ton of eye-catching promos that I just have to share. Keep reading for my five picks. 1. Dodgers Rally Towels https://twitter.com/Dodgers/status/1052351191852572672 Yes, as a native Californian I’m 100 percent biased here, but I love a…
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I believe that many businesses have brands that suck. I mean suck away opportunities for sales and profits! Let me explain. First, there are many companies out there with brand names that only indicate they sell printing or promotional products. Names like, “City Printing Company” or “Peoria Promotional Products LLC.” These names suggest the company…
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I’m sorry I’ve been away so long, fave five fans. What can I say? I’ve been busy trying to get ahold of everything in Nissin’s Ramen merchandise collection. But I’m back now, and I wanted to share some promotions I saw this week that are my new favorites. Let’s hit it…
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Question: Can I enter credit card charges as journal entries in QuickBooks Premier? Answer: QuickBooks strongly discourages making journal entries, except in a few rare instances. You should not enter credit card charges as journal entries. QuickBooks has an icon on the homepage just for that. It’s in the lower righthand corner of the homepage…
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No matter what you think about Amazon, you have to admire its founder, Jeff Bezos. He has become the wealthiest person in modern history. Here’s what he says about failure: “Nine times out of 10, you’re going to fail. But every once in a while,…
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You are in the middle of working hard and accomplishing important work. You are in the groove and the juices are flowing, allowing you to operate at peak productivity with really impactful ideas. You are in the zone and you are unaware time is passing. You feel great. You are about to … You were…
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Question: I have customers that pay me by credit card, but the credit card company takes out fees. I am receiving less than the total amount on the invoice. How do I handle that in QuickBooks Premier? Answer: I am seeing this situation more often, where the credit card company takes out the fees and…
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