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Salt Lake City Bookkeeping Blog

5 Inspiring Home Business Ideas for the Stay at Home Mom

Posted by Thomas Liquori on Jan 13, 2017 9:00:00 AM

If you’re a stay at home mom who wants to bring in extra income for your family, you’ll be excited to learn that there are plenty of opportunities out there! In fact, all you have to do is a little digging to uncover really inspiring business ideas for stay at home moms.

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Topics: Small Business Consulting, small businesses

Why Your Small Business Should Have a Business Plan

Posted by Thomas Liquori on Jan 11, 2017 9:00:00 AM

You’re all ready to start a small business. You have the passion. You have the funding. You even have a few key team players in mind. But before you make it official, you definitely need something else: a business plan.

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Topics: Small Business Mentor, small businesses, business plan

Why Owning a Franchise Is a Huge Growth Potential

Posted by Thomas Liquori on Jan 6, 2017 9:00:00 AM

Are you someone who has an entrepreneurial spirit? You may want to make owning your own business a life goal — and with franchising, it can be easier than you might suspect.

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Topics: Small Business Consulting, Business Mentoring, Franchise Business

I Need My Bookkeeping Cleaned Up Now! What Should I Do?

Posted by Matt Roberge on Jan 4, 2017 9:00:00 AM

Do you need your small business bookkeeping cleaned up? Don’t worry I get it, you fell behind on your books. Stuff happens. After all, what is more important in business than making sales, right? However, at some point, you need to just get that bookkeeping mess cleaned up and caught up. And you want to make sure you never face this situation again.

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Topics: Small Business Bookkeeping, Bookkeeping Professional, Bookkeeping Cleanup

Keep Your Business Safe: The Warning Signs of a B2B Scam

Posted by Thomas Liquori on Dec 30, 2016 9:00:00 AM

B2B scams target businesses in an effort to draw money into fraudsters’ pockets. Fraudsters rely on the fact that companies and nonprofit organizations are busy, have multiple staff members and often order many products and services. Common B2B scams include sending invoices for products a company did not order or delivering products a business did not order, along with an invoice.

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Topics: Small Business Management, Small Business Consulting, Small Business Mentor, business scams, small businesses

Why Does Your Small Business Need a Mentor for Growth and Survival?

Posted by Thomas Liquori on Dec 28, 2016 9:00:00 AM

Mentoring is sometimes seen as a resource for young people just getting started in their careers. However, small businesses can derive huge value from mentors. According to one 2012 study, polled companies that used mentoring increased revenues by 106 percent on average, or about $47,000. Companies that were polled and did not report using mentoring increased revenues by an average of 14 percent or $6,600.

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Topics: Small Business Bookkeeping, Small Business Consulting, Small Business

Your Small Business Has Overdue Accounts? Try These 5 Tips To Collect

Posted by Leanne Armstrong on Dec 23, 2016 9:00:00 AM

Money owing from customers in the form of accounts receivable is one of the biggest contributors to your company’s cash flow. While business success hinges on having positive cash flow activity - where there’s more money coming in than there is going out - the money that flows into your business can’t really be counted as income until it becomes cash-in-hand.

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Topics: Cash Flow Management, Accounts Receivable, QuickBooks Accounts Receivable, Growth Coach

Why You Should Raise Seed Money Through Sales

Posted by Matt Roberge on Dec 21, 2016 9:00:00 AM

I've been meeting with a lot of startup companies lately and many of them are trying to raise a seed round of funding. When I talk with the founders, I get curious and ask a lot of questions. I've drawn one key conclusion about something that I typically find all of them have in common.

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Topics: Business Sales, Investing, Startup, lean startup

What is a Bookkeeper?

Posted by Thomas Liquori on Dec 16, 2016 9:00:00 AM

In a nutshell, bookkeepers are those who manage the financial records of a company so the company’s bills are paid and the revenue is recorded. The bookkeeper also ensures employees are paid when they should be, and invoices are sent out in a timely fashion.

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Topics: Bookkeeping, Bookkeeper, what is bookkeeping

3 Reasons Why You Need To Create A Buyer Persona

Posted by Leanne Armstrong on Dec 14, 2016 9:00:00 AM

Do you know who’s buying your products or services? Some small businesses waste enormous amounts of time and money marketing to faceless crowds, only to find that their sales fall consistently short of their expectations. Taking the time to create an effective buyer persona is a proven way to figure out exactly who your customers are so you can target your marketing strategy accordingly. Once you understand who purchases, and is likely to purchase from you, your small business will be primed to maximize its advertising return-on-investment.

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Topics: Marketing Small Business, Inbound Marketing, Customer Success, Buyer Persona