2020 marks the start of our 14th year in business which is not only bucking the odds but is a pretty solid accomplishment according to a Small Business Trends study that states that most new businesses don’t make it beyond year two. What helps us execute tasks efficiently and cost-effectively is the right combination of tools that allow us to automate much of it while being able to maintain creativity and monitor results.
A budget provides the framework and visibility for reaching your future financial goals. But the thought of creating a budget or even thinking about a budget causes people some serious anxiety.
If your business is not doing some level of lead generation marketing, you are missing out on opportunities to grow your business. All businesses need customers to grow. To do this, they need to market to potential customers to gain their attention. This is where lead generation marketing comes into play.
The concept of “matching” is one of the basic principles of accrual-basis accounting. It requires companies to match expenses (efforts) with revenues (accomplishments) whenever it’s reasonable or practical to do so. This concept applies when companies make advance payments for expenses that will benefit more than one accounting period. Here are some questions small business owners and managers frequently ask about prepaying expenses.
Regardless of how big your business is, regular data backups are fundamental to securing your company’s network. In fact, conducting regular backups is undeniably one of the most important steps a business can take to overcome the effects of a network disaster.