Author Archives: Cindy Hovig

Five Tips to Get Ready for a Pain-Free Tax Time

Now is a perfect time to get your financial records in order. Tax moves you make now can mean saving you money. Here are five quick tips for you to feel more prepared about your financial status as you go into year-end. Avoid Penalties This time of year is ideal to double-check your tax payments […]

Five Fun Features in Xero You Can Profit From

A great accounting system should help you streamline your accounting processes, speed receivables, and help you identify opportunities to increase your profits. In order to maximize these benefits, you’ll want to make sure you take advantage of the system’s features that enable these benefits. There are many features to benefit from, and here are just […]

Five Best-Practice Accounts Payable Tips for a Smoother Cash Flow

Watching the cash balance is one of the most frequent activities of a small business owner. Besides making sure you have enough cash for payroll and bills, there is another huge opportunity you can benefit from: lowering the cost of processing your bills. It can be expensive and time-consuming to process bills and handle the […]

Reports That Count

If you are wanting more information than you normally get when it comes to your monthly financial reporting, Xero delivers some quite unique numbers that you will love to look forward to. There is “life” beyond the boring balance sheet and sometimes incomprehensible income statement, and here’s how Xero delivers. Executive Summary The Executive Summary […]

Avoid the Three Biggest Sales Mistakes and Close More Business

Every sales lead is precious. It takes a lot to get people’s attention these days, and once a lead or prospect comes in your door, you’ve accomplished that hurdle, but now you have another one: getting the business. To ensure you can turn those prospects into paying customers as often as possible, here are three […]

Five Fall Projects to Refresh Your Financial Results

As we move into the fall season and the final quarter of the year, it’s a perfect time to commit to a project in your business that will help you reach the year’s end in better shape. Here are five ideas: 1.     Back-to-School Time If payroll expenses are one of the higher costs in your […]

Need an A/R Makeover? A Quick, 5-Item Best Practice Checklist

Technology has allowed businesses to make substantial improvements in their customer invoicing processes. The good news is that when you implement these technologies, you will almost always get paid much faster. If it’s been a few years since the last time you’ve changed your accounts receivable processes, it’s time for a new look. Here are […]

Five Cash Leaks to Avoid

Cash flow improvement is a hot issue for small businesses; in many businesses, it seems like there is never enough cash when you need it. The last thing a business owner wants is to reduce their cash balance unnecessarily. To help you preserve or increase your cash, here are five cash management leaks to avoid. […]

The Fine Art of Prioritization

Running a business usually means putting in over 40 hours a week. In fact, if you’re the typical entrepreneur, you have more ideas you want to implement than you have time for! That’s when proactive, strategically executed prioritization can make all the difference. So Hard to Choose If you have lots of ideas in your […]

Have You Been Hacked? How to Minimize Your Risk

Just about every day, we read in the news that another company has been hacked. You might have already been directly affected by the password thefts at LinkedIn last year or Evernote this year. Or you might have had your own social media account, email, website, network, or computer hacked. Worse, many of you have […]