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Author Archives: Jay Mercer
Understanding Payment Terms
If there is a period of time between when your customers receive your goods or services and when they pay for them, then several things are true: You have a balance in Accounts Receivable on your balance sheet that represents … Continue reading
Posted in Accounting, Business Tips
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Positive Pay
Positive Pay is a service offered by banks that is designed to reduce fraudulent check-cashing against your account. If you are writing checks on your bank account (as opposed to using ACH transactions), then the positive pay service, which usually … Continue reading
Posted in Business Tips
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Tax Time, Ready or Not
It’s always a huge relief to many people who get their taxes done early. That gray cloud of stress that nags at you to get it over with can be gone in a matter of weeks instead of months. April … Continue reading
Posted in Business Tips, Tax
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The New I-9 Form
The I-9 form is used for employment eligibility when hiring new employees. It is one of many forms that need to be completed when you onboard a new employee. Effective Tuesday, January 17, 2017, the new I-9 form, which is … Continue reading
Posted in Business Tips
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Start the New Year with a 2017 Profit Plan
Are you ready for 2017 to be even better than 2016? If so, take a few minutes to reflect on the questions below and take action to set your 2017 profit plan. Question 1: What were the three best business … Continue reading
Posted in Profitability Tips
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Five Money-Saving Things to Do Before Ringing Out 2016
Hopefully you’re having a wonderful December with all of the holidays and parties this month. And if you’ve spent too much on gifts and decorations, never fear. Here are six ways to save on your accounting and taxes. But hurry, … Continue reading
Posted in Cost-Savings Tips
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Cool Apps: Google Forms
Do you ever need to collect information from your customers? There are many ways to do it: a form in Microsoft Word®, a fillable PDF, and a Web form are all very common. Less common but slicker than the rest … Continue reading
Posted in Cool Tech Tools
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Is There Really a 4-Hour Workweek?
Tim Ferriss made the 4-hour workweek a popular concept in his 2007 book. But is there such a thing, and more importantly, can business owners like you and me cash in on it? As the last of the Baby Boomers … Continue reading
Posted in Bookkeeping Tips, Business Development, Time Management Tips
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Signs You Might Be Outgrowing Your Accounting System
If you’re struggling with your accounting system, it might be a sign that you’re ready for something new. Perhaps your company has grown so much that it’s outgrown its older accounting solution. Here are several indications to look for that … Continue reading
Posted in Accounting, Bookkeeping Tips
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A Quick Primer on Crowdfunding
An interesting way to fund your dream project, whether you are a startup or a more established business, is to consider crowdfunding. Crowdfunding is when many people provide the money in small amounts for a project. Although crowdfunding is not … Continue reading
Posted in Business Tips
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