Using QuickBooks to Track Mileage

by | Apr 7, 2014 | QuickBooks, Small Business Owners, Small Business Success Series

The IRS has hired many new auditors and the audit rates for small businesses are increasing dramatically.  Our local IRS office used to have only two auditors for the whole El Paso area.  They now have over 20 auditors. If you’re audited, auto usage will...

Avoid These Common Business Mistakes and Watch Your Profits Soar Part 4 of 4

by | Apr 5, 2014 | Business Profit & Cash Flow Tips, Business Success Series, Small Business Owners, Small Business Success Series

  Money Mistakes Small Business Owners Make   Business is all about people.  Selling to prospects, creating support networks, and motivating employees are vital to your success.  This is the work most business owners enjoy and concentrate...

Documenting Your Systems Easily

by | Jan 20, 2014 | Business Profit & Cash Flow Tips, Small Business Owners, Small Business Success Series

  Documenting systems used to be very difficult and time consuming.One of the key system documents I produced for my business is called “The Life of a Tax Return.”  This is a seven-page MS Word document outlining the various steps we follow to prepare a...

Using Systems to Improve Sales and Profits – Part 2

by | Jan 18, 2014 | Business Profit & Cash Flow Tips, Business Success Series, Cash Flow, Small Business Owners, Small Business Success Series

Every System Can Be Improved You must believe that every system can be improved in order to willingly do all of the work required to document your systems.  You must truly understand and believe that there are real benefits to doing so.  Even if all of...

Using Systems to Improve Sales and Profits – Part 1

by | Jan 17, 2014 | Business Profit & Cash Flow Tips, Business Success Series, Cash Flow, Small Business Owners, Small Business Success Series

A common complaint I hear from business owners is that they spend all day answering their employees’ questions or correcting their errors.  If a business owner is really dedicated to using their time to massively increase sales and profits, they must eliminate...

Build The Perfect Profit Machine! – Part 3

by | Jan 16, 2014 | Business Profit & Cash Flow Tips, Business Success Series, Small Business Owners, Small Business Success Series

Systems Are the Key to Financial Success Remember what I said earlier?  Fundamentally, every business is a system:  a set of processes that, working together, reliably produce an intended result.  The key to financial success is to focus on improving...