Articles and news about small business bookkeeping
Fifth Third Bank Background The unusual name Fifth Third Bank about in 1908 when Cincinnati’s Third National Bank and the same city’s Fifth National Bank merged. Though the former was the senior partner, as it were, the name Third Fifth name was rejected because it was feared some might associate it with significant alcohol consumption, in a […]
Most business owners think they can fly under the legal radar of their clients and don’t really need an attorney…until it’s too late. We’re not fans of being fear mongers but we do want to be realistic about giving advice. Where Do I Find an Attorney? Attorney Referral from a Friend The easiest way to […]
As a business, a crucial part of success is managing your cash flow. All the amazing branding and wonderful customer service in the world won’t keep your doors open. No matter your industry–cash keeps your business functioning. A big part of managing your cash flow includes understanding how to get paid. We’ve talked before about […]
Before we get into the meat of things, it’s morally necessary for us to remind you that when you are in the service industry, try not to make too many life-changing work decisions sans a contract. Of course, you want to trust the guy you are doing business with, but don’t trust him too much! […]
Service Contracts – Understanding The Legal Jargon This article is specially written for service based business which include design companies, web development, software companies, graphic design firms, marketing companies and photographers. What Kinds Of Contracts Do I Need? Service Contracts You will probably use this contract the most. It reflects the services you will provide […]
Paypal is terrible. I know that, you know that, Paypal even knows that. Paypal’s customer support is notorious for being terrible. They’re known for freezing the funds of their customers for no reason, their antiquated user interface is confusing and half the “download reports” buttons don’t even work. There’s a reason their customers build things […]
We are using a web design shop as an example throughout this article, but these principles can be applied to almost any small business. Hypothetical Math Let’s say you build websites for an average of $7,000 in cost, and you build 40 websites per year. Awesome. Your revenue is probably around $280,000 annually. Maybe two […]
What Is A Sales Action Plan? An email sales action plan is a framework for the sales cycle of your business. Probably your typical sales cycle is this… a lead comes into your company, you put forth effort to land this new lead and then after a few weeks the communication fizzles out. Our sales […]
Compass BBVA Background BBVA Compass, one of the 25 largest U.S. banks (based on deposit market share), operates throughout the Sunbelt region. It operated 688 branches in Alabama, Arizona, California, Colorado, Florida, New Mexico and Texas. It ranks among the largest banks in Alabama (2nd), Texas (4th) and Arizona (5th). In addition, BBVA Compass has […]
Starting a business is nothing to take lightly, but these days it’s easier than ever to become your own boss. With advances in technology, we’re now able to use crowdfunding, social media and e-commerce sites and smartphone apps to build a business from the ground up and nurture it into success from the comfort of […]
