Sign in

Whether Covid-19 is here or goes away, you still have let your market know that you are here to help and provide value for them. Here are a few quick…


By Lia Tutt

Bookkeeping is a major part of business. For maximum profits, you have to keep on top of it. Here are some major areas.

Chart of Accounts

The Chart of Accounts needs a high degree of control. Accounts should not be added or subtracted without first considering how these changes will affect the recording of transactions and the impact on your financial statements.

It’s common for business owners to put expenses in a wrong account within a department. This is why a bookkeeper should be contacted to review your financial statements and apply proper journal entries to correct the mistakes.

Financials


By Lia Tutt, PA

I get this question sometimes from New Business owners. A new business owner asked “How do I get my service out there, I just started a business?” “How do I start a virtual business with little money?” others have asked.

Legalities

Whether your business is online or not, you should check with your city government for business licensing requirements. Some states or cities require a sales permit. If you want to open a day care center or medical office in your home then you have to check with the zoning department and their requirements. You need…


Cashflow increasing takes planning and identifying areas needing improvement. Make sure you are marketing and selling regularly. Keep your bookkeeping up to date. That way you can catch slow paying…


Cashflow increasing takes planning and identifying areas needing improvement. Make sure you are marketing and selling regularly. Keep your bookkeeping up to date. That way you can catch slow paying…


Planning ahead for marketing and budgetting, every month is necessary to keep your business progressing. Technology doing this saves time. These days you can write enough newsletter articles to last…


“”Do the one thing you think you can’t do. Fail at it. Try again. Do better the next time. The only people who never tumble are the ones who never mount the high wire. This is your moment. Own it. “

By Oprah Winfrey

As a small busines owner, major challenges include inefficient planning and cashflow issues. These make the business owner feel stuck and unable to grow the business. These major reasons are why some businesses do not succeed. Funding is required for growth. Adding on consultants and contractors can propel growth. Their expertise save time and allow for…


Growing your business requires that you manage your money. Here are five areas to begin your success journey with.

  1. You must keep up-to-date accounting records, such as income, expenses, credit card and debit card statements, and more. With accurate up-to-date bookkeeping records, you know if your are reaching your business goals.

2. Keep your business plan current. This document helps you see if you are on track toward your goals. This plan shows where you are now, where you want to be and how you will get there. Financials are included. …


When setbacks come or you don’t know how to progress to a higher level, then it’s time to analyze your business. Answer these 6 questions to get started toward more profits.

  1. Is there an opportunity in the problem if you make adjustments to match the change in trends?
  2. Is your cashflow consistent or do you need to increase your money managing?
  3. Are you consistently marketing, measuring the results, and making adjustments as needed?
  4. Are you being productive or distracted by tasks that really don’t help you toward your business goals?
  5. Are you so overwhelmed that you should outsource some of…

“The most important persuasion tool in your entire arsenal is integrity.”

by Zig Ziglar

People in business value integrity. They buy from whom they know, like and trust. People pay…

Lia Tutt, PA

Accountant, Business Consultant, Author of Building Wealth Through Challenges. FREE Report Business tips: https://apexpowconsulting.lpages.co/video-preconsult/

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store