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Salt Lake City Bookkeeping Blog

4 Key Areas of Operations You Should Never Ignore

Posted by Leanne Armstrong on Jul 25, 2018 9:00:00 AM

There are a handful of important functions that drive the average small business, including strategy, marketing, finance, and operations. Your success depends on creating and growing a company with a thorough understanding of all of these elements. But today we’ll focus on the 4 key areas of operations you’ll want to pay close attention to.

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Topics: Scaling A Business, Growth Coach, Business Process

Anyone Can Start A Business, But Only A Few Can Finish

Posted by Matt Roberge on Mar 29, 2016 8:30:00 AM

It's really easy to start a business, but it's hard to successfully finish one. Sounds pretty smart doesn't it? I wish I came up with it myself, but it really hit home for me when I read it. 

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Topics: Business Process, Exit Planning, Strategic Planning

Growth Planning Always Leads Back To Sales And Marketing

Posted by Matt Roberge on Jun 25, 2015 7:30:00 AM

We have been doing a lot of growth planning for our small business lately. Planning growth in a small business is something that I'm passionate about, so I really enjoy the whole process. Our bookkeeping services are designed to help all of our clients businesses grow. Planning growth in a business doesn't come easy to everyone and they often have to hire an outside consultant to help. Below I'm going to take you through an incredibly over simplified growth planning process. This blog isn't meant to be a template for how to plan growth. Rather, I want to point out no matter how you plan the growth of your small business it all leads back to marketing and sales.

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Topics: Financial Reporting, Small Business Growth, Sales, Grow Your Business, Business Process, Marketing Small Business, Strategic Planning

How To Turn Your Idea Into A Successful Business

Posted by Matt Roberge on Jun 23, 2015 8:13:00 AM

I love the idea guy in the small business world. We all know them right? It's your buddy that is always coming up with a new hot idea. Often times these ideas are brought up over a beer at your local watering hole. Most of the time nothing comes of these ideas. However, sometimes businesses are formed from the crazy idea. The majority of the ideas flop as a business concept and fail. In fact according to Bloomberg 80% of entrepreneurs that start a new business fail within the first 18 months. I believe the main reason is that the idea guy often doesn't know anything about running a business, but figures he can do it anyway. Some ideas gain traction and actually become real businesses, but they are certainly the minority. So how can you turn your great idea into a successful business?

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Topics: Business Ideas, Small Business Growth, Business Process, Entrepreneurship, Scaling A Business

How an Efficient Bookkeeper Travels

Posted by Matt Roberge on Dec 23, 2014 7:00:00 AM

I consider myself an excellent traveler. However, my wife says I'm the most annoying person to travel with. When I'm travelling somewhere and the airport is involved everything needs to be just so. My bookkeeper instincts kick in and there is only one way to travel; that is the right way. Here is how an efficient bookkeeper hits the road.

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Topics: Efficient Bookkeeping, Efficiently Using QuickBooks, Scaling A Business, Business Process

The Fine Art of Making a Taco Teaches Valuable Small Business Lessons

Posted by Matt Roberge on Oct 10, 2014 7:00:00 AM

If you know me well you probably know that I am a huge fan of Mexican food. More specifically I love tacos. I love tacos so much in fact that if I were on death row facing execution and they asked me what I wanted for my last meal I would answer "tacos" with no hesitation. The guard might ask what kind and what I wanted on them and I would say: "Three hard shell beef tacos, with sour cream, cheese, pico de gallo, lettuce and hot sauce." As the guard walked away I would then question him, "Wait just a second sir, aren't you going to ask me what order I want my taco prepared?" 

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Topics: Entrepreneurship, Small Business Growth, Scaling A Business, Business Process, Tacos

I Need Help Growing My Small Business

Posted by Matt Roberge on Oct 3, 2014 7:00:00 AM

If you need help growing your small business you are not alone. Successful small business owners typically do not lack the great idea or passion to grow their business. However, once you hit a certain level it can be difficult to make the next big growth step. It becomes less about doing what you do well and more about scaling a small business. Not everyone has the skillset, mindset, experience or education to properly scale a small business. Most people think if they just had an endless supply of money that they would easily be able to scale their business. Money does not scale a business; execution does.

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Topics: Grow Your Business, Small Business Growth, Scaling A Business, Financial Reporting, Small Business Consulting, Business Process

15 Non-billable Tasks That Will Grow Your Small Business

Posted by Matt Roberge on Sep 17, 2014 7:00:00 AM

As your business evolves it is important that you stay on task to grow your small business. Many small business owners get caught up in the day to day operations rather than focusing on big picture tasks. If your mentality is that only you can do every task correctly then you are going to hit a serious roadblock while growing your business. Some business owners believe that handling as much billable work as possible will result in the highest profit margin since there is no overhead. The difficulty with that mentality is you can only do so much. Non-billable time is extremely important and critical if you are serious about growing your business. Here are 15 non-billable tasks that will help your small business grow quickly.

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Topics: Grow Your Business, Small Business Growth, Scaling A Business, Financial Reporting, Small Business Owner, non-billable time, Business Process, Business Management

Putting Your Small Business In A Logical Order

Posted by Matt Roberge on Aug 15, 2014 7:00:00 AM

When you started your small business did you set things up in a logical order? Most entrepreneurs find out the hard way that there is a logical order to setting up your small business. Most businesses start out so small that they don't think it is important or worth the time and money to set up their business the right way from the beginning. Like most new entrepreneurs they focus on sales and making money because otherwise they will be broke and their business will fail. If they have success they find out later that they may not have set up their business the best way from the beginning. This often results in lots of consulting to restructure the business and fix all the mistakes that were made. Here is some advice on setting up your business correctly from the beginning and handling things in a logical order.

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Topics: Starting A Business, Small Business Growth, Business Process, Scaling A Business, Business Start Up

What’s Keeping Your Small Business from Growing?

Posted by Matt Roberge on Aug 11, 2014 7:00:00 AM

Is your small business growing beyond your expectations? If your answer is no do you know what is keeping your small business from growing? It seems like some small business owners are always struggling. They seem beyond busy, but still they are coming up short on their growth aspirations. I certainly don’t have a magic formula for small business growth, but I do understand many of the roadblocks that small business owners face when trying to grow. Here are a few things I believe are keeping your small business from growing.

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Topics: Grow Your Business, Small Business Growth, Scaling A Business, Small Business Sales, Financial Reporting, Business Process