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Salt Lake City Bookkeeping Blog

Joe Mazur

Recent Posts

The Perks of Hiring a Restaurant Bookkeeper on Time

Posted by Joe Mazur on Mar 26, 2020 12:00:00 PM

Driven by ambition, most business owners tend to think beyond the realms of the possible. I know this because I’ve dabbled in the business world for a good minute.

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Topics: QuickBooks consulting, Business Efficiency, Business Ideas, Outsourced Bookkeeping, Year End Bookkeeping

How to Manage Your Cost of Goods Sold: Small Business Bookkeeping Tips

Posted by Joe Mazur on Sep 25, 2019 12:59:00 PM

An important aspect of small business growth planning is understanding and managing your cost of goods sold. Whether your business sells products or services, it’s important to know “what is the cost of goods sold?” for each item or service you sell. This number provides the basic information you need to promote small business growth.

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Topics: Restaurant Bookkeeping, Small Business

Bookkeeping Services for Small Businesses

Posted by Joe Mazur on Feb 8, 2017 9:00:00 AM

Trying to do your own bookkeeping can be daunting. You have a whole company to run and your area of expertise may simply not be in the financial or business fields. Fortunately, you have many options. So how can you find the right small-business bookkeeping services for your needs?

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Topics: Small Business Bookkeeping, Small Business

How to Track Cash Flow from Business Operations

Posted by Joe Mazur on Feb 3, 2017 9:00:00 AM

Determining operating business cash flow helps you distinguish how much money your business makes from customers and operating activities, such as selling products and services, from money made from financing or investing. Calculating your operating business cash flow helps you manage your money and ensures you have enough funds from customers to cover operating expenses and costs.

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Topics: Cash Flow Management

What is Cash Flow From Operations

Posted by Joe Mazur on Feb 1, 2017 9:00:00 AM

Cash flow refers to the money coming into a business. There are many ways money can enter a business and many ways for companies to add to their profits and revenues. However, understanding cash flow from operations is an important part of making decisions. If your business is creating a cash flow statement for an annual or quarterly report, cash flow from operations will play a key role.

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Common Small Business Mistakes

Posted by Joe Mazur on Jan 27, 2017 9:00:00 AM

Small-business mistakes can add up to big disasters. While large companies have the capital and budgets to fix big errors without folding, the same is just not true of smaller enterprises. If yours is a growing business, even relatively minor errors can be costly enough to cause you to close your doors.

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Topics: Small Business

When Is the Right Time to Expand Your Small Business?

Posted by Joe Mazur on Nov 16, 2016 9:00:00 AM

There’s nothing as thrilling as starting a small business and watching your best ideas take flight. But just because you’re busy doesn’t mean you’re ready to expand — or even that you should expand. Here’s what you need to consider before you take the expansion plunge.

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Topics: Small Business Growth, Small Business

Common Expenses for Restaurants

Posted by Joe Mazur on Nov 9, 2016 9:00:00 AM

Long hours, high overhead, wasted ingredients and difficulty making profits are some of the barriers to success for restaurant owners. Yet, for those who love the business or who dream of having a place where everyone knows your name, there’s no other opportunity that comes close. For the best chance of success, do your research, partner with a mentor and hire experienced employees — and read up on the most common expenses that restaurant owners pay.

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Topics: Restaurant Bookkeeping

Why Small Businesses Need Social Media

Posted by Joe Mazur on Nov 2, 2016 9:00:00 AM

Why Small Businesses Need Social Media With people ignoring real life to focus on what’s happening online, and tales of social media-driven bullying abounding, it’s easy to write off platforms like Twitter and Facebook as unimportant for your business. Yet, the effectiveness of social media as a way to reach and connect with customers and influencers cannot be denied. It’s true that nasty comments and false rumors can cause problems, but with thoughtful posts and habitual attention, you can become known as a thought leader in your field.

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Topics: Small Business

Why Small Business Is Important to the Economy

Posted by Joe Mazur on Oct 26, 2016 9:00:00 AM

The mom and pop shops in your hometown may not have as much name recognition as a major corporation like Apple or GE, but small businesses create more new jobs than any other kind of enterprise, according to the U.S. Small Business Administration.

The largest multinational corporations count on small businesses to funnel products and services their way.

And over the past 20 years, small businesses created 64 percent of new jobs, accounting for 44 percent of the total private payroll in the U.S.

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Topics: Small Business