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- Jan 27
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Is “Motivation” Really Just Garbage?
Do you ever struggle to find motivation? Stop waiting for motivation to strike and follow these tips to start getting things done!
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- Jan 06
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Five Ways to Welcome in a New Year: 2023
Looking for a fresh start in 2023? Discover First Steps Financial’s five ways to welcome the new year (and make it your best yet!).
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- Dec 15
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The Benefits of Narrowing Your Focus in Business
When it comes to business, most people think that the more markets they conquer, the better. But this isn’t always the case. In fact, specializing in one area of business can have a number of benefits for your company.
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- Dec 09
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The 3 Best Business Books I Read in 2022
This is the time of year I reflect back on 2022 and think about what worked well and what didn’t. I love belonging to my Smart Boss Business Book group. It is composed of amazing women who share their experiences and how they are applying what they learned from the books we are reading.
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- Dec 02
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The Accounts Payable Process
All businesses, no matter their size, have bills to pay. The larger the business, the more formal the accounts payable process tends to be. That doesn’t mean small business owners can’t benefit from a formal accounts payable process. Too many “fake” bills are being sent, and all businesses should have safeguards in place. Let’s take a look at the workflow of accounts payable to see where we can put some controls in place to protect your hard-earned money.
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- Nov 18
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Understanding Equity on the Partnership Balance Sheet
The equity section of a business’s balance sheet is the most difficult part to understand. The accounts that make up that section vary depending on the type of entity in which the business is structured. In this article, let’s take a look at what the equity section looks like for companies that are organized as partnerships.
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- Nov 11
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Is Your QuickBooks Online File a Mess? Here’s How to Tell and What You Can Do About It
QuickBooks Online can be a life-saver for small business owners, but only if your files are in good shape. A messy QuickBooks Online file can lead to all sorts of problems, such as incorrect financial reports and missed tax deductions. So how do you know if your QuickBooks Online file is a mess? And more importantly, what can you do about it? In this blog post, we will answer those questions and provide tips on how to clean up your QuickBooks Online file.
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- Nov 05
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Create the Right Year-End Check List
The equity section of a business’s balance sheet is the most difficult part to understand. The accounts that make up that section vary depending on the type of entity in which the business is structured. In this article, let’s take a look at what the equity section looks like for companies that are organized as partnerships.
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- Oct 27
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Pricing Methods for Your Products and Services
How do you arrive at a price for the products and services you sell? While it depends on what industry your business is in, there are only a handful of foundational pricing methods that are useful to know. Here are several of them.
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- Oct 20
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Your Guide to Successful Tax Planning for Your Small Business
As a small business owner, you know it’s important to keep your finances in order. But did you know tax planning is one of the most important aspects of financial management? Unfortunately, many small business owners don’t do any tax planning at all.
In this blog post, we will discuss why tax planning is so important for small businesses, and we will also give you some tips on how to prepare for a successful tax planning session.
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