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Optimize Your Revenue Mix for More Profits in 2014

by accelerator | Dec 12, 2013 | Bookkeeping Tips, Business Development, Profitability Tips

Many small business owners focus on generating more revenue every year, and that’s a great objective.  But not all revenue is created equally.  If you sell more than one product or service in your business, then you can benefit from looking at your revenue mix....

Avoid the Three Biggest Sales Mistakes and Close More Business

by accelerator | Oct 17, 2013 | Business Tips, Customer Service Tips, Management Tips, Profitability Tips

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...

Five Fall Projects to Refresh Your Financial Results

by accelerator | Oct 3, 2013 | Business Development, Business Tips, Management Tips, Profitability Tips

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...

Do You Know Your Small Business Vitals?

by accelerator | Sep 5, 2013 | Accounting, Bookkeeping Tips, Business Development, Business Tips, Management Tips, Profitability Tips

On a doctor’s visit, the first thing the nurse does is take your vitals:  your temperature, blood pressure, pulse rate, and respiration rate.  These basic measurements are the first place doctors look to see if something is wrong with our health. Knowing your vital...

Five Ways to Rev Up Your Referrals

by accelerator | Aug 22, 2013 | Business Development, Business Tips, Customer Service Tips, Management Tips, Profitability Tips

In the vast majority of industries, referrals are the most cost-effective way to gain new clients and grow your business.  When you attract new clients through referrals, your marketing costs are lower, your selling process is easier and more effective, and the...

What Does Popeye Have to Do with Accounting?

by accelerator | Aug 8, 2013 | Accounting, Bookkeeping Tips, Business Tips, Expense Reduction Tips, Management Tips, Profitability Tips

You might have heard the terms “cash basis accounting” or “accrual accounting.”  Your net income number can change depending on which method your books are set up for.  Here’s a simple explanation of the difference, with a little help from one of the most famous...
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