Posts Tagged ‘good business practices’
Fast and Easy Cash Accounting….oh, it’s Accrual World
March 8th, 2010 | 
Author: 
Holy Cow! I'm Not Equipped to Make These Decisions Yet!
Accrual Method or Cash Method Accounting?
Its Here & There Is No Escape: Business Tax Return Deadline Sept. 15
I hate to be the bearer of bad news, but the time for putting off your business tax return is over. But, of course, you’ve already turned in your paperwork to your Accounting professional and you’re all set to go because you know corporate and partnership tax returns are due September 15, 2009 (assuming an extension was filed), right? So there’s no need to also mention that individual tax returns are due October 15, 2009 (again assuming an extension was filed)? Uhhh, riiiggghht…
Doh! I forgot to file my taxes!
Posted in Business Finance, taxes | 
Tags: accounting, extensions, good business practices, late filing, small business, tax, tax law, tax return, taxes | 
2 Comments »
Singin’ The AR Blues? How To Get Your Business Mojo Workin’ Again (Part 2)
In our previous blog we began exploring the benefits of changing your invoicing policy and how that one small change can effectively save you from becoming a casualty of your clients cash flow problems. Today we are looking at the specifics as to how to go about putting that plan into action.
Very few business owners start their company with the goal of becoming collection agents, so being put in that position can lead to avoidance. You have a personal relationship with your clients and it can become an emotional issue for many small business owners—who wants to add stress to people you know are already struggling? So let’s take the emotional baggage out of the equation by setting up some simple guidelines that communicate your expectations and provide more up to date information for your clients that will help them better budget their payments so you get to avoid being “the bad guy”.
Posted in Business Finance |
Tags: A/R, accounting, accounting software, Accounts Re, billing, business communication, cash crunch, cash flow problems, economic crisis, economic downturn, good business practices, invoicing, invoicing policy, non paying clients, recession, small business |
3 Comments »