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Salt Lake City Bookkeeping Blog

Why Pursuing Perfectionism May Be Costing Your Business Money

Posted by Leanne Armstrong on Mar 20, 2019 9:00:00 AM

There’s an epidemic sweeping our nation, and its name is perfectionism. The last few decades, says social psychologist and perfectionism expert Thomas Curran, have seen a disturbing increase in our drive to be perfect in body, mind, and career. But the reality is that perfection is an impossible objective by definition – the compulsive pursuit of which can, among other things, compromise your health, your goals, and your company’s bottom line.

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Topics: Business Efficiency, Scaling A Business, Delegating, Growth Coach

How to Organize Your Filing System for Improved Efficiency

Posted by Leanne Armstrong on Feb 20, 2019 9:00:00 AM

The goal of organizing your company’s digital filing system is to be able to find what you need, when you need it – even if it’s months or years from today. Whether you store files locally (on office desktops, laptops, or mobile devices), in the cloud, or with the help of a dedicated company server, good file management practices will save you time, money, and endless frustration.

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Topics: Outsource Bookkeeping, Outsourced Accounting, Scaling A Business

How to Hang on to Great Talent

Posted by Leanne Armstrong on Feb 13, 2019 9:00:00 AM

Today’s labor market is the tightest in decades. And with millions of job openings across the nation, companies of all sizes are finding it difficult to attract and hang on to the talent they need. The quest for qualified staff is only expected to intensify going forward, leading experts to predict that business owners will have to ramp up their efforts to retain a solid and reliable workforce.

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Topics: Scaling A Business, sourcing employees, talent acquisition, employee engagement

Three Necessities For Small Business Growth

Posted by Matt Roberge on Feb 6, 2019 9:00:00 AM

It seems to me that most small business owners number one priority and goal is growth. Everyone wants to grow their small business.

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Topics: Financial Forecasting, Small Business Consulting, Scaling A Business, Growth Coach

Try One of These Popular Management Tools to Keep Business Projects Under Control

Posted by Leanne Armstrong on Jan 3, 2019 9:00:00 AM

Tussling with time management? Struggling to move that new project forward? You’re not alone. A recent study listed managing project costs, hitting deadlines, and sharing information across teams as the biggest hurdles facing project managers in 2018.

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Topics: Scaling A Business, Business Management, Growth Coach, Business Apps

How to Foster More Profitable Vendor Relations

Posted by Leanne Armstrong on Dec 5, 2018 9:00:00 AM

Like many strategic business alliances, the advantages of investing in better vendor relations aren’t always immediately evident from a bottom line point of view. But the reality is that regardless of the business you're in, suppliers and service providers play a key role in keeping your company profitable.

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Topics: Small Business Growth, Scaling A Business, Growth Coach, Vendor Relationships, Vendor Selection

Employees Can Be Expensive - Read This Before You Hire

Posted by Leanne Armstrong on Oct 24, 2018 9:00:00 AM

Has your business reached the point where hiring an employee or two seems like the right move? Working with a regular team means you’ll always have someone on hand to perform key business tasks when they’re needed. But personnel doesn’t come cheap. Before making the decision to hire, take some time to explore what employees really cost – above and beyond the wages you pay them.

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Topics: Small Business Growth, Scaling A Business, Employee Costs

Want a Great Company Culture? Avoid These Hiring Mistakes

Posted by Matt Roberge on Oct 18, 2018 11:52:14 AM

A great company culture can resonate through many areas of the organization, creating a collaborative and supportive community that ultimately bolsters the bottom line. A great company culture is what creates words like “synergy” that everyone strives for, but no one truly understands until they’ve seen it in action.

So what’s the secret sauce for creating a great company culture? Getting the right people in the right role within your company and avoiding these common hiring mistakes.

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Topics: Scaling A Business, Business Culture, Hiring, sourcing employees, Employee Costs

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: Business Process, Scaling A Business, Growth Coach

Want to Know Who You’re Up Against? Conduct a Competitive Analysis!

Posted by Leanne Armstrong on Nov 8, 2017 9:00:00 AM

What makes your business stand out in today’s market? Unfortunately, many entrepreneurs try to answer that question without first finding out what their competitors are up to! Going into business without solid market research and a plan is like trying to build a house without a blueprint.

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Topics: Scaling A Business, Growth Coach, Competition, Competitive Analysis