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3 Ways to Capture More Time in the Day

3 Ways to Capture More Time in the Day

The benefits of technology set the expectation to get more done – faster – than ever before. But everyone needs space in the day. Creating ...
6 Ways to Streamline Accounts Payable

6 Ways to Streamline Accounts Payable

Processing bills is time-consuming, and therefore relatively expensive when considering all of the handling and paperwork. Here are 6 ways to make the bill paying ...
How to Successfully Manage Budgets: Part 2 of 2

How to Successfully Manage Budgets: Part 2 of 2

As we stated last month in the first installment (click here if you missed it), setting a company budget is the first step toward reaching ...
How to Grow a Business with Successful Budgeting: Part 1 of 2

How to Grow a Business with Successful Budgeting: Part 1 of 2

Budgets are essential for businesses to set goals and to control expenses. The unfortunate reality is that probably half of all companies don’t set budgets, ...
4 Factors That Make a Business More Competitive

4 Factors That Make a Business More Competitive

Business-as-usual often means focusing on things like growing sales or expanding products and services. But a secret weapon for a stronger, more competitive business may ...
Back-charging Made Simple – 5 Easy Steps to Accurate Job Costing

Back-charging Made Simple – 5 Easy Steps to Accurate Job Costing

In almost all construction or land development situations, the need arises to charge a vendor/subcontractor for damage, improper work, or general neglect. Whether it’s for ...
5 Simple Steps to Take Now for Easy 1099 Prep Later

5 Simple Steps to Take Now for Easy 1099 Prep Later

Closing out the third quarter is a good time to look ahead, because getting a jump on year-end activities saves a last minute crunch during ...
A Few Pointers for Deducting Entertainment Expenses

A Few Pointers for Deducting Entertainment Expenses

The IRS has plenty of rules regarding deducting expenses from business income; one area that has plenty of rules is entertainment.  As business owners and ...
Cool Tech Tools: Google Drive

Cool Tech Tools: Google Drive

Google Drive, which used to be called Google Docs, is a great way to collaborate with team members and stakeholders that are in different locations.  ...
The One Question to Ask Each Day

The One Question to Ask Each Day

Business owners are torn in a hundred different directions every day.  It can take up most of the work day just fighting fires, serving customers, ...
Ten Ways to Retain Your Top Talent

Ten Ways to Retain Your Top Talent

Employee retention is a critical aspect of the success of any business.  Maintaining a consistent employee base increases customer satisfaction and a more efficiently functioning ...
Is Providing a Company Car a Good Idea?

Is Providing a Company Car a Good Idea?

Are you a business owner considering whether to provide company cars for your employees who travel frequently for business?  In this article, we will explore ...
Cool Tech Tools: Customer Portals

Cool Tech Tools: Customer Portals

If your business requires sharing documents of any kind with your customers, business associates, and employees, then a portal may be beneficial.  You can save ...
Spinning Profits from Silkworms and Financial Systems

Spinning Profits from Silkworms and Financial Systems

David Brigham was a post-doctoral student at Oklahoma State University in 1996 when he came up with a remarkable idea about silkworms. He knew spider ...
Five Ways to Streamline Data Entry

Five Ways to Streamline Data Entry

Are you manually entering data into your accounting system?  If so, there may be a way to enter that data that’s faster, cheaper, and better.  ...
Does Your Accounting Department Have Holes?

Does Your Accounting Department Have Holes?

Many business owners think that accounting consists of someone to do income tax returns, and someone to do bookkeeping.  That’s all that a small business ...
Is Your Accounting Department Protected From Fraud?

Is Your Accounting Department Protected From Fraud?

We have all heard stories of situations where a trusted employee has been accused of taking money from their unknowing employer.  Lucrum even has a ...
5 Spring Cleaning Tips for Businesses

5 Spring Cleaning Tips for Businesses

How much time do you spend each day looking for information about orders, customers, vendors, or employees? Can you easily determine which five customers were ...