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Business Management – Being Your Own Boss Part 1

Being your own boss can be the most rewarding or frustrating state for a small business owner to find themselves in. It can be the most rewarding because you are working toward and gaining your own financial freedom, geographical flexibility, control over your time, and freedom to choose your future. But it can also be the most frustrating in that you can become overworked, stressed out, defeated … [Read more...]

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Marketing – Communication Systems for Small Business Owners

So if you are like me, you have a small business where you manage most all of your business functions, including client communication. My goal with client communication is to reach the broadest range of my clients using the communication medium they prefer in an efficient way. Thankfully, technology has opened the doors to many different communication systems for small business owners to … [Read more...]

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Before Payroll Part 6: Setting up Employees in QuickBooks

If you have made it this far with me with Payroll, you know we have gone through Employee Automation,  understanding the Cost of an Employee, Payroll Account Applications, Employee Payroll Documents, and Setting up Payroll Accounts in QuickBooks. This post, Setting up Employees in QuickBooks, is the 6th and final post in the "Before Payroll" series I have put together for you to help you think … [Read more...]

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Accounting Basics Part 5: QuickBooks Bank Reconciliation

Last week's accounting topic was all about entering transactions into QuickBooks, and this week builds on that topic by helping you complete a QuickBooks bank reconciliation. A bank reconciliation is where you take your bank statement for a given account and make sure all transactions are entered into QuickBooks. I will take you through all of the steps you need to do to reconcile your account at … [Read more...]

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Business Formation – Protecting Limited Liability

This post on protecting limited liability is a continuation of last week's post on business entities, I want to discuss an important topic about protecting the limited liability you need to protect your other businesses and personal assets from liability in the event of litigation or some other event. The most important element in an LLC or Corporation is protecting limited liability for the … [Read more...]

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Before Payroll Part 5: Setting up Payroll Accounts in QuickBooks

Today I will help you work on setting up Payroll Accounts in QuickBooks. It is  important that you have all of the payroll liability and expense accounts set up before running your first payroll so that you can track your liabilities and expenses correctly. Getting everything set up right beforehand will help save you trouble down the road as you accrue and pay liabilities. I will help you … [Read more...]

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Accounting Basics Part 4: How to Enter Transactions in QuickBooks

So you have QuickBooks, you have set up the Chart of Accounts, and entered your Opening Balances; now I will share with you how to enter transactions in QuickBooks. You will need to have your bank accounts, credit cards, Paypal account, and loans entered into your Chart of Accounts before you go forward with this, so make sure you are caught up to speed with my previous posts. We will review how … [Read more...]

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Business Formation – Choosing a Business Entity

In the process of going through your Business Plan, you will need to begin thinking through how you want your business set up and what business entity you will be using. This post is designed to give you an overview of choosing a business entity that is right for your business. This is not specific advice that I recommend you going forward with without first consulting an accountant, lawyer, or … [Read more...]

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Passion – Building a Sustainable Lifestyle

Friday again... the day when I take a step back from the details and work of the week to gain a better perspective on where I am and where I am going. Hopefully this will help you take that step back as well to examine your life and work and determine whether or not you are heading in the direction you desire. I was blessed to be able to spend some time over the past few days with a dear friend … [Read more...]

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Marketing – Plugins For WordPress

Last week I encouraged you in building your website by getting some basic content set up in order to have something to bring people to. Before going out and looking for traffic and engaging in social media, I would recommend adding some useful plugins for WordPress your site to help you manage your website, track visits, and link to search engines and social sites. These are plugins I currently … [Read more...]

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