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Salt Lake City Bookkeeping Blog

How to Benefit from the Value You Add to Your Community

Posted by Leanne Armstrong on Jul 2, 2019 9:00:00 AM

The impact of small businesses both nationally and locally is unquestioned. Not only do more than 30 million small businesses operate across the US (99.9% of all businesses), they employ nearly half our country’s private work force.

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Topics: Grow Your Business, Growth Coach, Business Community

Consider These 5 Key Soft Skills the Next Time You Hire

Posted by Leanne Armstrong on May 29, 2019 9:00:00 AM

Your needs as an employer are unique to your business. So it only makes sense to hire employees who demonstrate appropriate knowledge, technical abilities, or academic credentials. But no matter what business you’re in, you should also make a point of considering an applicant’s less tangible qualities. Especially since soft skills matter a great deal in today’s dynamic workplace environment.

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Topics: Grow Your Business, Scaling A Business, Hiring, Growth Coach

Boost Revenue, Cut Costs: The Psychology Behind Anchoring

Posted by Leanne Armstrong on Apr 10, 2019 9:00:00 AM

Because it can be applied to both pricing and negotiations, the anchoring bias has the potential to boost your company’s revenue and help you cut costs. Identify how anchoring works and you’ll be better positioned to charge more for your product or service, while paying less for your business expenses.

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Topics: Grow Your Business, Growth Coach, Business Accountant, Pricing

Identity Thieves Are on the Rise: How Will You Keep Your Small Business Safe?

Posted by Leanne Armstrong on Dec 27, 2017 9:00:00 AM

Identity thieves - and the fraud-based havoc they cause in the US – were responsible for losses exceeding $16 billion in 2016. In fact, according to a study by Javelin Strategy and Research, more than 15 million Americans fell victim to identity theft last year. And that’s a record high.

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Topics: Grow Your Business, Bookkeeping Theft, Growth Coach

Is Your Small Business On A Road to Nowhere?

Posted by Matt Roberge on Nov 15, 2017 9:00:00 AM

I spend a decent amount of time in my truck driving by myself in remote places. I think that has something to do with being a fisherman in Montana.

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Topics: Financial Forecasting, Grow Your Business, CFO Consulting, Growth Coach

Need Cash? How to Choose Between a Small Business Loan and a Line of Credit

Posted by Leanne Armstrong on Oct 25, 2017 9:00:00 AM

Business loans and lines of credit (LOCs) are valuable sources of capital for your small business. Both offer access to funds that can help your company get going, or get bigger. Either may do away with the need to approach independent investors.

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Topics: Cash Flow, Grow Your Business, Growth Coach, business credit

Are You an Emotionally Intelligent Small Business Owner?

Posted by Leanne Armstrong on Aug 23, 2017 9:00:00 AM

The impact of emotional intelligence (EI) on the workplace was first brought to our collective attention when author and psychologist Daniel Goleman wrote about it in 1995. Goleman described EI as an aptitude for effectively recognizing, managing, and expressing our emotions - and for helping others to do the same.

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Topics: Small Business Owner, Small Business Consulting, Grow Your Business

10 Signs You Should Invest in Bookkeeping Services

Posted by Leanne Armstrong on Apr 21, 2017 9:00:00 AM

As an entrepreneur, it only makes sense for you to keep one eye on your business, and the other on situations that could cause trouble for your company. While there are many reasons why small businesses fail - or turn less than the healthy profit they deserve - research suggests that one of the main culprits is poor accounting.

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Topics: Bookkeeping Services, Small Business Bookkeeping, Grow Your Business

If You Don't Know Your Numbers You Don't Know Your Business

Posted by Matt Roberge on Feb 23, 2016 8:30:00 AM

I Need To Know My NumbersI was watching CNBC's The Profit last night and Marcus Lemonis said something brilliant.

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Topics: Financial Forecasting, Financial Reporting, Grow Your Business, Scaling A Business, Growth Coach

Just Like Player Poker, Running A Business Is A Risk

Posted by Matt Roberge on Feb 18, 2016 8:30:00 AM

I started playing poker right around the start of the craze over the World Series of Poker more than a decade ago. All of a sudden, Texas hold 'em blew up. I played in my first Texas hold 'em tournament in a casino for a $100 buy-in, had 90+ opponents, and took first place, winning over $2,000. 

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Topics: Small Business Growth, Grow Your Business, Scaling A Business, Growth Coach