Accounting Strategies For Small Business

Bid Ideas for Small Business: Scaling Your Small Busiess Doesn’t Always Lead to Profit

Accounting Strategies For Small Business / By Matt Krieger

The ride-sharing company Uber had its initial public offering (IPO) in May 2019. Depending on how you calculated their valuation, the Company was worth between $75 and $82 billion. As I write this article on July 21, 2019, their current valuation is still around $74 billion. What made their IPO interesting was that a variety […]

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6 Signs You Need An Accountant

My first contact with a potential client is usually a quick introduction call. On this call, I love to learn more about the owner and their business. I pepper them with questions to learn how I might be able to help them most. Small businesses are fascinating to me and I love hearing owner’s stories.

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12 Rapid Fire Ways to Increase Profit in a Small Business

Accounting Strategies For Small Business / By Matt Krieger

As a small business owner, I know that you have nights that you lay in bed thinking about how to increase the cash flow from your business or what your current bank account balance is. One of the most common questions I get is “How can I increase the profit from my business?”. The great

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What is Your Profit Formula?

Accounting Strategies For Small Business / By Matt Krieger

As a business owner, I know that profit can be somewhat a philosophical discussion. If you’re like some of the business owners I talk and work with, the profit you show at the end of the year often doesn’t correlate with the amount of cash the businesses generated for your pocket. Jim Culhane of Quality

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Big Ideas for Small Business – Budgeting for Profit

Accounting Strategies For Small Business / By Matt Krieger

Tom and Alexis Leonard had dreams to be entrepreneurs. However, like most people, they were stuck at a point in life where they needed to live off of both of their incomes. Tom was an engineer whose job had little flexibility. Alexis worked from home as a sales rep for a wine distributor. After the

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4 Ways to Drive Revenue Growth

Accounting Strategies For Small Business / By Matt Krieger

I talk with many business owners who tell me their goal is to increase their revenue by X% next year. “Great, how are you going to do that?” is usually my response. Many of these owners haven’t really thought through a solid plan to increase their revenue. The response is often a new marketing method

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Big Ideas for Small Business: 4 Examples of KPIs for Your Scorecards

Accounting Strategies For Small Business / By Matt Krieger

Wouldn’t it be great if you could get a sheet of paper each week or month that tells you at a high level how the four most important aspects of your business were going? Most small businesses don’t have regular scorecard reporting they use to run their business. This is a shame because just a

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Big Ideas for Small Businesses: 3 Ways Small Businesses Can Use Big Data

Accounting Strategies For Small Business / By Matt Krieger

Too many small business owners are losing out by not using some of the data they have readily available. I am always surprised at how many small businesses are missing huge opportunities to learn about their customers from accounting, finance, and other data they have readily available. While small businesses certainly don’t have the amount

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Hey you, STOP OVERPAYING YOUR TAXES!

Accounting Strategies For Small Business / By Matt Krieger

A recent study prepared by the Treasury Inspector General for Tax Administration (TIGTA), found that more than 2,000 small companies, either unaware of or confused by the small-corporation exemption from the Alternative Minimum Tax, may have overpaid their taxes by an average of $11,638. It is important to note, these are just companies that paid

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3 Ways Small Business Owners Can Give Themselves a Raise

Accounting Strategies For Small Business / By Matt Krieger

As businesses grow with time, bad habits begin to form. These bad habits take many forms…some will effect your customer service, some will effect your employees, and most all will effect your bottom line. For those of you that have ever purchased a business, you will know exactly what I mean. When you purchase a

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Accounting Strategies For Small Business

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