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Salt Lake City Bookkeeping Blog

7 Things about Failing You May Not Have Known

Posted by Austin Walker on Jul 28, 2016 8:30:00 AM

Nobody sets out with the intention of failing, or particularly likes it when it happens. At best, failure is a frustrating experience, but at worst it can be utterly demoralizing.

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Topics: Small Business, Business Failure

The Cloud Accounting Movement... Who Cares?

Posted by Matt Roberge on Jul 26, 2016 8:30:00 AM

The movement to cloud accounting is nothing new; it’s also a buzzword, as many businesses have been in the “cloud” for years. The cloud is nothing more than secure access to your information, no matter where you are, because it's hosted on the Internet. However, businesses accounting has technically been living in the cloud for years through the use of virtual servers and online data storage sites like Dropbox.

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Topics: Bookkeeping Services, Growth Coach, QuickBooks Online, Cloud-Based Accounting

Small Business Marketing: The Good, the Bad, and the Ugly

Posted by Austin Walker on Jul 21, 2016 8:30:00 AM

Sometimes it doesn’t seem to matter how digitally advanced your small business is, or how dedicated you are to making it the very best it can be. If potential customers don’t know who you are, where you are, or what your product or service is going to do for them, all your hard work and the most up-to-date technology available isn’t going to help you succeed.

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4 Things We All Hate About Delegation

Posted by Austin Walker on Jul 19, 2016 8:30:00 AM

While most of us know a successful delegator or two, that doesn’t make it any easier for us to become one. The illusion of losing control when we offload tasks to others can be a pretty compelling reason not to go there. Besides, how can we expect our employees, our customers, and that loan officer down at the bank to continue to take us seriously as entrepreneurs if we’re not trying to accomplish the work of at least half a dozen people at once?

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Topics: Delegating, Small Business Mentor

Making Tough Choices in Ten Minutes or Less

Posted by Austin Walker on Jul 14, 2016 8:30:00 AM

As small business owners, we invest a lot of time and energy into making daily decisions. While some of those decisions, like debating which font to use on a business card, aren’t terribly consequential, others can have widespread ramifications and may involve anything from implementing budget cuts to investing in new products or services.

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Topics: Small Business, Strategic Planning, Decision Making

6 Ways to Move Your Restaurant Business into the 21st Century

Posted by Austin Walker on Jul 12, 2016 8:30:00 AM

There was a time when all that your restaurant really needed was good food and a great location to guarantee its success. But with the advent of social media and online mobility, menu and locale alone aren’t always enough to grow and maintain a healthy client base.

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Topics: Online Marketing, Marketing Small Business, Restaurant Management

Should You Issue Stock Options to Your Employees?

Posted by Trent Read on Jul 7, 2016 8:30:00 AM

Issuing stock options to employees as a form of compensation is a great option for early-stage companies.  The following are a few benefits to issuing stock options:

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Topics: employee, Valuation, Stock Options

Business Accounting: Hire a Bookkeeper Service or an Individual?

Posted by Matt Roberge on Jul 6, 2016 8:30:00 AM

When you assess your business accounting needs, you have some choices: ignore them, do them yourself, find an outsourced bookkeeping service, or hire an individual. 

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Topics: Part-time CFO Services, Hire A Bookkeeper, Outsourced Bookkeeping Services, Bookkeeping Service

5 Clichés About Small Business Bookkeeping You SHOULDN’T Avoid

Posted by Austin Walker on Jun 30, 2016 8:30:00 AM

As a small business owner, bookkeeping might be right up there with visiting the dentist as one of your favorite things to do. Much like going to the dentist however, a little inconvenience today often saves a lot of pain tomorrow. Does that sound a bit cliché? Perhaps. But clichés can offer a surprising amount of wisdom when they’re used the right way.

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Topics: Small Business Bookkeeping

How to Sell Strategic Planning to a Skeptic (You)

Posted by Austin Walker on Jun 28, 2016 8:30:00 AM

Well-planned entrepreneurship almost qualifies as an oxymoron in the world of business. How do small business owners effectively harness big-picture creativity, and transform it into a small-picture format? All too often, it seems, the answer is they don’t.

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Topics: Small Business, Entrepreneurship, Strategic Planning