Business Startups: The Upside of an Economic Downturn

With long established businesses closing and others struggling to keep their doors open, you would think that this would be worst time to start a new business. However, history shows that some of the most successful businesses started during poor economic times, Disney and Microsoft, to name two. Read More »

Tags: Bloom, Business Ideas, Business Plans, Business Startups, Commercial Space, Competitive Edge, Economic Downturn, Economic Slowdown, Economic Times, Flexible Lease Terms, Government Incentives, Low Interest Rates, New Business Startup, Perfect Time, Previous Years, Quality Employees, Right Time, Successful Business, Top Heavy, Worst Time

Accounting Software: Is it time to upgrade?

When businesses start out, they generally don’t need a very expensive or complicated accounting program to handle their accounting functions. They simple require something that will keep tracking of their payables and billings, and possibly payroll. However, as a company grows and expands, its needs in the area of accounting can also grow. Read More »

Tags: Accountant, Accounting Program, Accounting Software, Accounting System, Current Software, Customizable Reports, Data Conversion, Flexibility, Formatting, Investment Accounting, Payables, Payroll, Retraining, Right Choice, Right Time, Saving Time, Software Program, Software Vendor, Time And Money, Wishlist

Timing is everything

You can kill a great joke with bad timing. And, you can kill great bookkeeping with bad timing, too. Bookkeeping is not just about entering the numbers; it’s about entering the numbers at the right time.

If a customer pays you to do some work, their money should be reflected in the month you actually deliver the product or service. This sounds basic but it’s often ignored. Here’s why it’s important:
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Tags: Accounting System, Bad Timing, Blog, Bookkeeping, Joke, Money, Right Time, Swings