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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

NOTE: Since the passing of the New Tax Law in 2017, the rules for deducting the expenses mentioned in this article have changed. Please visit ...
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 ...
Is that large purchase a good idea?

Is that large purchase a good idea?

In the course of business, there is usually a point where a large outlay of cash is considered to either reduce costs by improving efficiency, ...
Understanding Assets vs. Expenses Can Build Wealth

Understanding Assets vs. Expenses Can Build Wealth

Assets and expenses both have a “debit” balance on the financial statements, but that’s where their similarities end.  Spending on one can build wealth while ...
How Smart Bookkeeping Leads To Business Insights

How Smart Bookkeeping Leads To Business Insights

Would you like to own a company that is growing at least 100 percent each year?  That’s the happy situation of GoBeyond SEO, a Charlotte ...
When You Need To Fire An Employee

When You Need To Fire An Employee

It’s never pleasant to think about terminating an employee. But if a change in personnel is needed during 2015, then it’s best to plan ahead ...