February 5, 2019
Come on Small Business owners! It’s time to get your house in order
Would you ever play a game of poker if you were the only player not allowed to look at your cards? No, never! Then why do a lot of business owners operate their business without being fully informed about the condition and performance of their business? The difference is poker is a game, your business is your livelihood there are a lot of people, customers, employees, and family members, relying on your success. Having a solid Back Office Support System (BOSS) is something you can control. So why increase the risk of failure or poor performance by not having a process in place that keeps you organized and fully informed about the condition of your business? Here is what you need to do:
Build a system and a process
Train people and make them take ownership of the tasks required for the BOSS
Monitor the system, processes and the people on a regular & routine basis
Utilize the timely & accurate information provided by the BOSS. As an owner, you need to look at the cards that have been dealt to you.
How do you get started? Find a firm that has a devotion to implementing and monitoring BOSS.
BOSS Tips! Business owners today are very fortunate to have affordable technology available to them. Here are two applications for the BOSS:
· MilesIQ automatic mileage log for your business vehicle. One of the biggest tax deductions is the business cost of operating a vehicle. The tax deduction is based on the business use % of the vehicle. MilesIQ automates the tracking of use and provides a log to support your tax deduction.
· Paperless Document Storage – in today’s environment, paper-based record keeping is not cost effective. Go paperless! Use applications like Receipt Bank and QuickBooks Online to build a paperless record retention system that is less costly than paper-based recordkeeping. Plus a paperless based system adds value by automating the recording of transactions in the accounting system and attachment of the supporting source document.
How do I implement these applications? Find a firm that has a devotion to applications that support BOSS.
Collins & Ganley a firm devoted to BOSS
These days, we seem to have endless articles on IT security while traveling, but far fewer on physical safety. Because summer can be big travel months for many businesses, we put together the following list of tips to help keep you safe while away from home.
As your trusted advisor, we are always looking for ways to improve your financial health—and that doesn’t stop at business activity. We also want to support you with tips to help you save money in your personal life as well.
June is national safety month, and it never hurts to remind your clients and community that safety always comes first. Our goal with this blog is to help you augment your marketing initiatives with a few ideas around safety. While we can’t cover every industry in a single post, we hope that you find the tips below useful and that they spark some innovative new marketing ideas!