All in Planning
Most small business owners who use accounting software quickly master the basics. They automate processes like invoicing and payroll, track expenses and view real time financial reports to manage cash flow and make better business decisions.
But what many business owners don’t take advantage of are key insights that can improve customer care and increase sales. Here are some smart ways you can use your accounting software to help boost your bottom line.
Depending on the current state of your finances, financial freedom might seem a long way away. For many people, financial freedom—when you don’t have to worry about how to pay the bills and your money is invested and making money for you—is a far off dream. What they don’t understand is how close financial planning can get them to that dream.
Financial planning isn’t all staring at ledgers and creating spreadsheets, although if you like that sort of thing you’re welcome to do it. It’s about creating a list of your financial goals and figuring out how to get yourself there.
Here are some steps to take to get started on your financial plan.
Did you know that 50% of small business expenses are generated on the go? It’s no wonder the majority of expense receipts end up shoved in coat pockets or an old shoebox.
In spite of all of the high-tech options out there, 47% of small businesses are still using spreadsheets for expense management, leaving room for errors that could really hurt their bottom line come tax time.
Why not take the uncertainty and disorganization out of expense tracking by going mobile?
These five apps can be used anywhere, anytime, to ensure no penny goes unlogged or unclaimed.
