Podcasts about QuickBooks

We are coming to the end of another year and it's time to really look closely at your finances so that you are prepared when it comes time to file your taxes.  Today I am talking about a common misconception when it comes to figuring out what your taxable income is.  Many business owners will take a look at their business bank account and think this is the number they will need to pay their taxes on, but this is not accurate, and it causes a lot of problems when it comes down to calculating taxes owed on taxable income, especially if that bank account balance is lower than the actual net income.  This can bring about a large tax liability that you may not be ready for.  I've heard many times that business owners don't think they will owe taxes because they only have about a small dollar amount in their bank account.  This in theory seems like it should be the answer, but you'll find out today what can cause this number to not match what your true profit and loss or net income amount is.  It doesn't matter if you are using a computerized bookkeeping system such as QuickBooks, Xero, Wave or Freshbooks or a manual spreadsheet using Excel or Google Sheets, you still need to get your net income to prepare your tax return.  Whether you are just getting started with your business, you are a self-employed, a solopreneur, entrepreneur, small business owner, remote virtual online bookkeeper, virtual assistant or VA, you really want to pay attention to this episode, so you don't fall into this same belief.  I want to make sure that you are as prepared as possible for filing your taxes and you don't find any surprises when you figure out what your tax consequences are for the year… Looking for a payroll solution for your business?  You can get an exclusive 15% discount on your payroll services when you sign up here: www.FinancialAdventure.com/ADP Grab Your FREE guide:  5 Essential Strategies For Stress-Free Bookkeeping: www.FinancialAdventure.com/5Essentials Join me for my 7 Mistakes To Avoid In Your Business Workshop and learn how you can raise the level of success in your business by registering here: www.FinancialAdventure.com/Workshop Looking for an extremely beneficial online bookkeeping resource?  Join us in our Mastering Your Small Business Finances Membership where you can ask questions and get answers regarding your specific business.  We dive deeper into the topics on this podcast, provide additional resources and accountability: www.FinancialAdventure.com/MYSBF Fill out the Contact Us form if you have a question or need help with your bookkeeping or payroll: www.FinancialAdventure.com/Contact-Us Your FREE Online Virtual Bookkeeping Business Starter Guide & Success Path is waiting for you: www.FinancialAdventure.com/StarterGuide Sign up for a virtual coffee chat to see if starting a Bookkeeping Business is right for you: www.FinancialAdventure.com/Discovery Join Our Facebook Community:  www.Facebook.com/Groups/WomenBusinessOwnersUltimateDIYBookkeepingBoutique Are you a bookkeeper looking to start, grow or scale your bookkeeping business?  Join our FREE bookkeeper community here: www.FinancialAdventure.com/BookkeeperCommunity QuickBooks Online - Save 50% Your First 3 Months: www.FinancialAdventure.com/QuickBooks Show Notes:  www.FinancialAdventure.com This podcast is sponsored by Financial Adventure, LLC ~ visit www.FinancialAdventure.com for additional information and free resources.

Want to hear a new sermon every day? Support World Evangelism by becoming a subscriber to the DAILY PREMIUM AD-FREE SERMON PODCAST using the links below: Subscribe to the premium podcast for only $3/month at Supercast: https://vbph-sermons.supercast.tech/ Subscribe to the premium version of this podcast in Apple Podcasts for $4.99/month: https://apple.co/3dix1mC ALL PROCEEDS GO TO WORLD EVANGELISM --- We need five-star reviews! Tell the world what you think about this podcast at: Apple Podcasts: https://apple.co/3dix1mC Podchaser: https://www.podchaser.com/podcasts/vbph-sermon-podcast-43369 Join our bible reading plan: https://bible.com/p/37105438/98d214149e0115fd6b7114ad30095ebf Want to receive text updates from our church? Send the keyword VBPH to 844-990-3380. Please let us know how this message has influenced you by connecting with us using one of these options: Email: pastor@vbph.org Voicemail: https://anchor.fm/vbph-sermons/message Facebook: https://facebook.com/vbph.church Instagram: https://instagram.com/vbph.church Twitter: https://twitter.com/vbph_church Website: https://vbph.church Are you in Hampton Roads and want to visit our church? Come join us IRL: 1045 Lynnhaven Pkwy., Virginia Beach, VA 23452 --- RAISE EVEN MORE FOR WORLD EVANGELISM BY EXPLORING OUR SHOW'S SPONSORS: Try Audible Premium Plus and Get Up to Two Free Audiobooks – https://amzn.to/3l9vPpw Find the perfect freelancer for your project at Fiverr – https://fvrr.co/2Yy97Ql Save and Invest with Acorns. Get $5 bonus investment in five minutes – https://bit.ly/38OZ6QT Get 55% off of QuickBooks for your first three months – https://bit.ly/3A9Kc3P Try Melio: The free bill-paying solution for small businesses & churches – https://bit.ly/2XdVEgc How about a protein bar that actually tastes good? That's Built Bar! – https://bit.ly/3hvTFuH The BEST Smart Home Technology At the BEST Price: WYZE.com – https://bit.ly/3bLnAfp

Want to hear a new sermon every day? Support World Evangelism by becoming a subscriber to the DAILY PREMIUM AD-FREE SERMON PODCAST using the links below: Subscribe to the premium podcast for only $3/month at Supercast: https://vbph-sermons.supercast.tech/ Subscribe to the premium version of this podcast in Apple Podcasts for $4.99/month: https://apple.co/3dix1mC ALL PROCEEDS GO TO WORLD EVANGELISM --- We need five-star reviews! Tell the world what you think about this podcast at: Apple Podcasts: https://apple.co/3dix1mC Podchaser: https://www.podchaser.com/podcasts/vbph-sermon-podcast-43369 Join our bible reading plan: https://bible.com/p/37105438/98d214149e0115fd6b7114ad30095ebf Want to receive text updates from our church? Send the keyword VBPH to 844-990-3380. Please let us know how this message has influenced you by connecting with us using one of these options: Email: pastor@vbph.org Voicemail: https://anchor.fm/vbph-sermons/message Facebook: https://facebook.com/vbph.church Instagram: https://instagram.com/vbph.church Twitter: https://twitter.com/vbph_church Website: https://vbph.church Are you in Hampton Roads and want to visit our church? Come join us IRL: 1045 Lynnhaven Pkwy., Virginia Beach, VA 23452 --- RAISE EVEN MORE FOR WORLD EVANGELISM BY EXPLORING OUR SHOW'S SPONSORS: Try Audible Premium Plus and Get Up to Two Free Audiobooks – https://amzn.to/3l9vPpw Find the perfect freelancer for your project at Fiverr – https://fvrr.co/2Yy97Ql Save and Invest with Acorns. Get $5 bonus investment in five minutes – https://bit.ly/38OZ6QT Get 55% off of QuickBooks for your first three months – https://bit.ly/3A9Kc3P Try Melio: The free bill-paying solution for small businesses & churches – https://bit.ly/2XdVEgc How about a protein bar that actually tastes good? That's Built Bar! – https://bit.ly/3hvTFuH The BEST Smart Home Technology At the BEST Price: WYZE.com – https://bit.ly/3bLnAfp

Want to hear a new sermon every day? Support World Evangelism by becoming a subscriber to the DAILY PREMIUM AD-FREE SERMON PODCAST using the links below: Subscribe to the premium podcast for only $3/month at Supercast: https://vbph-sermons.supercast.tech/ Subscribe to the premium version of this podcast in Apple Podcasts for $4.99/month: https://apple.co/3dix1mC ALL PROCEEDS GO TO WORLD EVANGELISM --- We need five-star reviews! Tell the world what you think about this podcast at: Apple Podcasts: https://apple.co/3dix1mC Podchaser: https://www.podchaser.com/podcasts/vbph-sermon-podcast-43369 Join our bible reading plan: https://bible.com/p/37105438/98d214149e0115fd6b7114ad30095ebf Want to receive text updates from our church? Send the keyword VBPH to 844-990-3380. Please let us know how this message has influenced you by connecting with us using one of these options: Email: pastor@vbph.org Voicemail: https://anchor.fm/vbph-sermons/message Facebook: https://facebook.com/vbph.church Instagram: https://instagram.com/vbph.church Twitter: https://twitter.com/vbph_church Website: https://vbph.church Are you in Hampton Roads and want to visit our church? Come join us IRL: 1045 Lynnhaven Pkwy., Virginia Beach, VA 23452 --- RAISE EVEN MORE FOR WORLD EVANGELISM BY EXPLORING OUR SHOW'S SPONSORS: Try Audible Premium Plus and Get Up to Two Free Audiobooks – https://amzn.to/3l9vPpw Find the perfect freelancer for your project at Fiverr – https://fvrr.co/2Yy97Ql Save and Invest with Acorns. Get $5 bonus investment in five minutes – https://bit.ly/38OZ6QT Get 55% off of QuickBooks for your first three months – https://bit.ly/3A9Kc3P Try Melio: The free bill-paying solution for small businesses & churches – https://bit.ly/2XdVEgc How about a protein bar that actually tastes good? That's Built Bar! – https://bit.ly/3hvTFuH The BEST Smart Home Technology At the BEST Price: WYZE.com – https://bit.ly/3bLnAfp

SponsorsRewind: https://cloudaccountingpodcast.promo/rewindCenterCard:  https://cloudaccountingpodcast.promo/centerClient Hub: https://cloudaccountingpodcast.promo/clienthubNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes3:57 – SPACs Headed for New Wave of Restatements for Accounting Errorshttps://news.bloombergtax.com/financial-accounting/spacs-headed-for-new-wave-of-restatements-for-accounting-errors 5:57 – Senators Question Commissioner About Company Offering Fee-Based Access to IRS Phone Lineshttps://procedurallytaxing.com/senators-question-company-offering-fee-based-access-to-irs-phone-lines/ 11:55 – Opinion | IRS reform will generate a lot more revenue than the CBO thinks - The Washington Posthttps://www.washingtonpost.com/opinions/2021/11/17/cbo-build-back-better-irs-revenue-too-low/ 14:17 – AICPA, NASBA publish revised CPA Evolution Model Curriculum - Journal of Accountancy https://www.journalofaccountancy.com/news/2021/nov/aicpa-nasba-revised-cpa-evolution-model-curriculum.html                                17:20 – A closer look at the Model 20:55 – Practical v. Theoretical – which is better for accounting education? 22:14 – In the weeds – what's missing from the revised CPA Evolution Model Curriculum? 26:21 – Can I get this in Excel? Faculty want the  CPA Evolution Model Curriculum in Excel.  32:54 – The Sage Group plc (SGGEF) CEO Steve Hare on Q4 2021 Results - Earnings Call Transcripthttps://seekingalpha.com/article/4470238-sage-group-plc-sggef-ceo-steve-hare-on-q4-2021-results-earnings-call-transcript Sage posts 10% drop in operating profit after investing in cloudhttps://finance.yahoo.com/news/sage-posts-10-drop-operating-072946722.html Accelerating growth driven by continued strategic progress (PDF)https://www.sage.com/investors/investor-downloads/press-releases/2021/11/full-year-2021-results-17-november-2021/ 35:14 – Intuit inc (INTU) Q1 2022 Earnings Call Transcripthttps://www.fool.com/earnings/call-transcripts/2021/11/18/intuit-inc-intu-q1-2022-earnings-call-transcript/ 38:16 – Chimp Change – how QuickBooks Advanced is heading deeper into the midmark with MailChimpIntuit: Monetizing Its Vast Data Treasure Trove by Creating Better Outcomes For Customershttps://seekingalpha.com/article/4470721-intuit-intu-stock-monetizing-vast-data-better-outcomes-for-customers                 40:24 – What's new in QuickBooks Online: November 2021 – QuickBookshttps://quickbooks.intuit.com/blog/whats-new/whats-new-in-quickbooks-online-november-2021/ 44:53 – Practice Ignition raises $50M | Accounting Todayhttps://www.accountingtoday.com/news/practice-ignition-raises-50m Practice Ignition lands $50M to scale globallyhttps://techcrunch.com/2021/11/17/practice-ignition-lands-50m-to-scale-globally/ 46:29 – Formstack raises $425M for a no-code platform that helps businesses automate their customer and internal workflowshttps://techcrunch.com/2021/11/18/formstack-raises-425m-for-a-no-code-platform-that-helps-businesses-automate-their-customer-and-internal-workflows/ 47:22 – Paychex Adds Support for Vaccination Status Tracking to its COVID-19 Technology Solutionshttps://www.wibw.com/prnewswire/2021/10/19/paychex-adds-support-vaccination-status-tracking-its-covid-19-technology-solutions/ 47:52 – Pixie, the operating system for small accounting firms, pockets £2.25M to grow furtherhttps://www.uktech.news/news/pixie-uk-startup-funding-20211118 48:36 – Accounting tech start-up to double headcount following funding boosthttps://www.siliconrepublic.com/jobs-news/accounting-tech-start-up-double-headcount-funding-boost 49:24 – Scammers Clone Exec's Voice, Steal $35M From Bankhttps://www.newser.com/story/312228/scammers-clone-execs-voice-steal-35m-from-bank.html 52:40 – Listener Voicemail. Thank you!  54:44 – We've Got a Review! Thank you! Get in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsFuture Firm: https://futurefirmaccelerate.com/Accounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link above to get more info!Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

This Podcast Is Episode Number 447, And It's About Why Getting The Leads And Doing The Work Are Still Not Good Enough There was a time when a contractor put a simple ad in the paper or a line listing in the Yellow Pages, and they would have more leads than they could handle. It was the only way to go, and the contractors who insist on that and "Word of Mouth" do not survive.   Could those contractors have avoided failure?   I believe they could have. This article explores the top reasons construction businesses fail and the three key questions that every contractor like you needs to ask to prevent failure. It would be best to answer these questions to provide a clear path to your continued and future growth and success.    Contractors who did not move from simple ads that had always worked, and evolved a Marketing Plan made the same mistake other failed companies and brands made. They were unable to Innovate, Reinvent, and Evolve by having a deep understanding of what business they were in, who and what they were competing with, and by challenging themselves to understand their actual expertise.   It's important to plan to give your construction business the best chances for success. Planning means anticipating challenges and developing ways to successfully address them, so they don't upend your construction company.  Here are the top reasons why your construction company could still fail: Lack of market demand  You need to have a market to make money. That means there needs to be enough people who need your service and are willing to pay money to hire you. Without that, you won't be able to cover your costs or earn enough to survive. Before you spend your time, money, and energy starting a business, make sure there's a need for it.  Some ways you can identify needs: Look for competition. If no one else is offering the service, there's a chance there's no market for it. That might not initially stop you from moving forward, but if no one already offers your product or service—or anything close to it—you'll have to do more to prove there's a market. Conduct market research. Studies and interviews help determine whether people in your target market agree with you that there is a need for your offering and that they would pay for it.  Lack of expertise Contractors like you might be tempted to partner with or hire their friends or family—people they genuinely like and would work well with. That doesn't always translate to success, however. For your business to be successful, you need specific expertise, and you need people whose skills complement yours.  You also need people who are willing to discuss your decisions with you and make sure there's a business case to be made for each decision you make. Someone with a differing perspective provides a vital way to double-check whether your choices are best in the long-term for your business or whether other options are available.  Ensure you hire people with balanced competencies. If your roofing business involves installing solar panels, you might need a technical expert to ensure the technology runs smoothly. You'll likely also need a financial expert to help you with bookkeeping and possibly a manager to oversee employees. It's OK to hire people you like, but make sure your team also has the skills to attend your business successfully.  Lack of finances You need money to produce your services and ensure all employees are paid. It's not enough to know how much money you need month-to-month; you need to forecast your development cycle, how inventory moves through your supply chain and variations in seasonal income.  If your construction business doesn't earn as much in the first few months as you predicted, you'll need to bring in more money quickly to save your business.  Ask Yourself: What are you offering? New construction, remodeling, or service and repair? Who is your competition? DIY, other contractors, money homeowners for a construction project? What is your real competency? Residential, Commercial, or both? The Truth Is Four Levels Deep! Challenging yourself is the key to answering these questions. Write your answers on paper or computer, sleep on them and then revisit them again and again until you get to the truth. Getting The Leads And Doing The Work Is Only Part Of The Answer Not answering them and acting on the knowledge is one reason why so many construction companies shrivel and die. They focus on the wrong areas to innovate or improve. They focus on the wrong enemy and threat. As a result, they miss what they could be doing to succeed and prosper over time. Define The Type Of Contracting You Offer And Who Is Your Competition It may not be the same form, structure, and category that you operate. For example, Home Depot does not see itself competing in the building supply business but for a share of the home and commercial remodel and repair market. Be that homeowner doing a weekend project, Handyman Contractors, Remodel Contractor, Trade Contractor, and other contractors and House Builders. This approach and behavior across the organization, too, saw themselves as fighting for a share of the building supply market. Final thoughts It is straightforward to get caught up in the short term and what you have today. You measure your share in the particular segment you operate in and obsess about your immediate competition just as contractors who did not market effectively did years ago. But you need to step back and ask yourself the three key questions and make sure you answer them in a way that will define and liberate your construction company at the same time. Also, keep in mind that you can significantly improve your odds of success by planning, being strategic with who you hire, ensuring there's a market for your offerings, and considering alternative funding sources.  P.S. Here's a Promo Code that you can use in both our Fast Easy Accounting Store and Construction Accounting Academy for a 40% Discount: FASTEASY40 You can use it today, November 26, 2021, to next Friday, December 3, 2021, at 11:59 PM. (Please note: Offer does not apply to Outsourced Accounting, Bookkeeping Review, or any Consultation and Training products; you can use it, however, to purchase any course or monthly subscription classes in Construction Accounting Academy). About The Author: Sharie DeHart, QPA is the co-founder of Business Consulting And Accounting in Lynnwood, Washington. She is the leading expert in managing outsourced construction bookkeeping and accounting services companies and cash management accounting for small construction companies across the USA. She encourages Contractors and Construction Company Owners to stay current on their tax obligations and offers insights on how to manage the remaining cash flow to operate and grow their construction company sales and profits so they can put more money in the bank. Call 1-800-361-1770 or sharie@fasteasyaccounting.com

Want to hear a new sermon every day? Support World Evangelism by becoming a subscriber to the DAILY PREMIUM AD-FREE SERMON PODCAST using the links below: Subscribe to the premium podcast for only $3/month at Supercast: https://vbph-sermons.supercast.tech/ Subscribe to the premium version of this podcast in Apple Podcasts for $4.99/month: https://apple.co/3dix1mC ALL PROCEEDS GO TO WORLD EVANGELISM --- We need five-star reviews! Tell the world what you think about this podcast at: Apple Podcasts: https://apple.co/3dix1mC Podchaser: https://www.podchaser.com/podcasts/vbph-sermon-podcast-43369 Join our bible reading plan: https://bible.com/p/37105438/98d214149e0115fd6b7114ad30095ebf Want to receive text updates from our church? Send the keyword VBPH to 844-990-3380. Please let us know how this message has influenced you by connecting with us using one of these options: Email: pastor@vbph.org Voicemail: https://anchor.fm/vbph-sermons/message Facebook: https://facebook.com/vbph.church Instagram: https://instagram.com/vbph.church Twitter: https://twitter.com/vbph_church Website: https://vbph.church Are you in Hampton Roads and want to visit our church? Come join us IRL: 1045 Lynnhaven Pkwy., Virginia Beach, VA 23452 --- RAISE EVEN MORE FOR WORLD EVANGELISM BY EXPLORING OUR SHOW'S SPONSORS: Try Audible Premium Plus and Get Up to Two Free Audiobooks – https://amzn.to/3l9vPpw Find the perfect freelancer for your project at Fiverr – https://fvrr.co/2Yy97Ql Save and Invest with Acorns. Get $5 bonus investment in five minutes – https://bit.ly/38OZ6QT Get 55% off of QuickBooks for your first three months – https://bit.ly/3A9Kc3P Try Melio: The free bill-paying solution for small businesses & churches – https://bit.ly/2XdVEgc How about a protein bar that actually tastes good? That's Built Bar! – https://bit.ly/3hvTFuH The BEST Smart Home Technology At the BEST Price: WYZE.com – https://bit.ly/3bLnAfp

Want to hear a new sermon every day? Support World Evangelism by becoming a subscriber to the DAILY PREMIUM AD-FREE SERMON PODCAST using the links below: Subscribe to the premium podcast for only $3/month at Supercast: https://vbph-sermons.supercast.tech/ Subscribe to the premium version of this podcast in Apple Podcasts for $4.99/month: https://apple.co/3dix1mC ALL PROCEEDS GO TO WORLD EVANGELISM --- We need five-star reviews! Tell the world what you think about this podcast at: Apple Podcasts: https://apple.co/3dix1mC Podchaser: https://www.podchaser.com/podcasts/vbph-sermon-podcast-43369 Join our bible reading plan: https://bible.com/p/37105438/98d214149e0115fd6b7114ad30095ebf Want to receive text updates from our church? Send the keyword VBPH to 844-990-3380. Please let us know how this message has influenced you by connecting with us using one of these options: Email: pastor@vbph.org Voicemail: https://anchor.fm/vbph-sermons/message Facebook: https://facebook.com/vbph.church Instagram: https://instagram.com/vbph.church Twitter: https://twitter.com/vbph_church Website: https://vbph.church Are you in Hampton Roads and want to visit our church? Come join us IRL: 1045 Lynnhaven Pkwy., Virginia Beach, VA 23452 --- RAISE EVEN MORE FOR WORLD EVANGELISM BY EXPLORING OUR SHOW'S SPONSORS: Try Audible Premium Plus and Get Up to Two Free Audiobooks – https://amzn.to/3l9vPpw Find the perfect freelancer for your project at Fiverr – https://fvrr.co/2Yy97Ql Save and Invest with Acorns. Get $5 bonus investment in five minutes – https://bit.ly/38OZ6QT Get 55% off of QuickBooks for your first three months – https://bit.ly/3A9Kc3P Try Melio: The free bill-paying solution for small businesses & churches – https://bit.ly/2XdVEgc How about a protein bar that actually tastes good? That's Built Bar! – https://bit.ly/3hvTFuH The BEST Smart Home Technology At the BEST Price: WYZE.com – https://bit.ly/3bLnAfp

Want to hear a new sermon every day? Support World Evangelism by becoming a subscriber to the DAILY PREMIUM AD-FREE SERMON PODCAST using the links below: Subscribe to the premium podcast for only $3/month at Supercast: https://vbph-sermons.supercast.tech/ Subscribe to the premium version of this podcast in Apple Podcasts for $4.99/month: https://apple.co/3dix1mC ALL PROCEEDS GO TO WORLD EVANGELISM --- We need five-star reviews! Tell the world what you think about this podcast at: Apple Podcasts: https://apple.co/3dix1mC Podchaser: https://www.podchaser.com/podcasts/vbph-sermon-podcast-43369 Join our bible reading plan: https://bible.com/p/37105438/98d214149e0115fd6b7114ad30095ebf Want to receive text updates from our church? Send the keyword VBPH to 844-990-3380. Please let us know how this message has influenced you by connecting with us using one of these options: Email: pastor@vbph.org Voicemail: https://anchor.fm/vbph-sermons/message Facebook: https://facebook.com/vbph.church Instagram: https://instagram.com/vbph.church Twitter: https://twitter.com/vbph_church Website: https://vbph.church Are you in Hampton Roads and want to visit our church? Come join us IRL: 1045 Lynnhaven Pkwy., Virginia Beach, VA 23452 --- RAISE EVEN MORE FOR WORLD EVANGELISM BY EXPLORING OUR SHOW'S SPONSORS: Try Audible Premium Plus and Get Up to Two Free Audiobooks – https://amzn.to/3l9vPpw Find the perfect freelancer for your project at Fiverr – https://fvrr.co/2Yy97Ql Save and Invest with Acorns. Get $5 bonus investment in five minutes – https://bit.ly/38OZ6QT Get 55% off of QuickBooks for your first three months – https://bit.ly/3A9Kc3P Try Melio: The free bill-paying solution for small businesses & churches – https://bit.ly/2XdVEgc How about a protein bar that actually tastes good? That's Built Bar! – https://bit.ly/3hvTFuH The BEST Smart Home Technology At the BEST Price: WYZE.com – https://bit.ly/3bLnAfp

Want to hear a new sermon every day? Support World Evangelism by becoming a subscriber to the DAILY PREMIUM AD-FREE SERMON PODCAST using the links below: Subscribe to the premium podcast for only $3/month at Supercast: https://vbph-sermons.supercast.tech/ Subscribe to the premium version of this podcast in Apple Podcasts for $4.99/month: https://apple.co/3dix1mC ALL PROCEEDS GO TO WORLD EVANGELISM --- We need five-star reviews! Tell the world what you think about this podcast at: Apple Podcasts: https://apple.co/3dix1mC Podchaser: https://www.podchaser.com/podcasts/vbph-sermon-podcast-43369 Join our bible reading plan: https://bible.com/p/37105438/98d214149e0115fd6b7114ad30095ebf Want to receive text updates from our church? Send the keyword VBPH to 844-990-3380. Please let us know how this message has influenced you by connecting with us using one of these options: Email: pastor@vbph.org Voicemail: https://anchor.fm/vbph-sermons/message Facebook: https://facebook.com/vbph.church Instagram: https://instagram.com/vbph.church Twitter: https://twitter.com/vbph_church Website: https://vbph.church Are you in Hampton Roads and want to visit our church? Come join us IRL: 1045 Lynnhaven Pkwy., Virginia Beach, VA 23452 --- RAISE EVEN MORE FOR WORLD EVANGELISM BY EXPLORING OUR SHOW'S SPONSORS: Try Audible Premium Plus and Get Up to Two Free Audiobooks – https://amzn.to/3l9vPpw Find the perfect freelancer for your project at Fiverr – https://fvrr.co/2Yy97Ql Save and Invest with Acorns. Get $5 bonus investment in five minutes – https://bit.ly/38OZ6QT Get 55% off of QuickBooks for your first three months – https://bit.ly/3A9Kc3P Try Melio: The free bill-paying solution for small businesses & churches – https://bit.ly/2XdVEgc How about a protein bar that actually tastes good? That's Built Bar! – https://bit.ly/3hvTFuH The BEST Smart Home Technology At the BEST Price: WYZE.com – https://bit.ly/3bLnAfp

In this episode of The Remote CEO Show, I had the pleasure to interview Joel Sandoval. Joel Sandoval, CPA​ is the owner and founder of Sandoval Tax based in Bakersfield, California. Joel has a passion for helping small businesses with all aspects of their accounting needs, whether it's helping business owners save money on taxes, providing tax-ready financial statements with bookkeeping, or training and consulting with QuickBooks. Joel has a deep care for customer service and is always striving to make sure that his clients are happy. He will go the extra-mile to make sure that his clients feel they are in good hands when it comes to their needs in bookkeeping and taxes. 

Discover how to sell payment processing, and cash discounting, to businesses invoicing customers through QuickBooks. "We're a turbocharger for QuickBooks," explains Tom Aronica, Founder & CEO of Biller Genie. Plus, James discusses opportunities for pitching compliant cash discounting to card-not-present merchants, and Patti reports on promising economic news.

This Podcast Is Episode Number 446, And It's About Practical Tips For Encouraging Repeat High-Profit Clients Many data support the idea that it's less costly, easier, and more efficient to encourage repeat customers than bring in new ones. Among the stats Hubspot lists are: that a 5% increase in customer retention is responsible for more than 25% increase in profit; repeat customers are nine times more likely to convert than first-time visitors, and a 2% increase in customer retention has a similar impact to your bottom line as reducing costs by 10%. Understand The High-Profit Client - Most of them have personality traits commonly known as drivers - folks who are accustomed to getting things done quickly and efficiently. They do not mind paying professionals to service, repair, or build new construction projects related to their houses and commercial buildings. Design and develop your internal customized systems and processes when and where it makes sense. As much as possible, when it is cheaper to buy something ready-made for a fraction of what it costs you to do-it-yourself then buy it.  Systems, Systems, Systems - You need systems (a system is simply a collection of processes built upon an understanding of what works and each method has been tried and tested). Without systems or a desire to "wing it" and see what happens will bring out the animal in these people, and they have been known to cause construction business a great deal of harm and financial pain. First, Design External Systems For the money trail (contract amount, deposits, change orders, payments) For project milestones and projected completion dates (when change orders occur, update the completion date) Cause the least amount of grief and interruptions to their lives Ensure they make the fewest possible decisions (they make decisions all day long) To make sure nobody ever tries to "educate" them about construction (they don't care, that's why they hired you!) Then, follow along these four practical tips to encourage your high-profit clients to keep coming back.  1. Build relationships with clients Take time to learn more about your customers. Do they mention family members? Ask about their loved ones. Do they have particular concerns? For instance - too many cable cords around the house and they have small children. Keep track of their issues and be attentive to their needs. Recommend solutions that address their specific problems. Go the extra mile to show your customers they're important to you.  Ask for their input, as well. They'll get to know your products and services and offer insights into what's working and what could be improved. If you engage them--and make changes based on their feedback--you'll develop a loyal customer base. The more special your clients feel, the more likely they are to hire you again. They'll appreciate your thoughtfulness and value your service.  2. Make it personal Your loyal clients deserve communications that are more personal and less formal. Using impersonal emails for your more extensive email list is fine, but use more personal touches with your best customers.  Phone them or suggest an in-person meeting if you want to let them know about an essential business-related matter. Keep track of important dates, as well. You can send gifts or cards to mark important occasions or to reach out.  Make your best customers feel they stand out from the rest by being more personal with them.  3. Share relevant information Still, if you get to know your customers well, you can pass along articles, books, or other information that might interest them, even if it isn't related to your business. Newsletters are a great way to stay in touch with your customers and let them know what you're up to. It shows them you understand and you care.  4. Remember your loyal clients Businesses sometimes focus their attentions exclusively on new customers, forgetting about loyal and repeat customers. You need new customers to keep your business thriving; however, excluding long-term customers creates customer churn.  It's great to offer new customers rewards and incentives, but that leaves existing customers feeling ignored. Offer your long-term customers bonuses for their loyalty.  Final thoughts The Key Here Is To Get In And Get Out Fast - And they will love you for it! The high-profit client has more money than time, so more than most people; their time is worth a lot more to them than you can imagine. Encouraging repeat customers makes solid business sense. To be successful, you need a balance of new and long-term clients. This means building relationships with people, personalizing your attention, sharing relevant information, and remembering your loyal customers.  A great product or service at a reasonable price might bring your customers in, but outstanding customer service that gives them a positive, memorable experience will keep them coming back.  About The Author: Sharie DeHart, QPA, is the co-founder of Business Consulting And Accounting in Lynnwood, Washington. She is the leading expert in managing outsourced construction bookkeeping and accounting services companies and cash management accounting for small construction companies across the USA. She encourages Contractors and Construction Company Owners to stay current on their tax obligations and offers insights on how to manage the remaining cash flow to operate and grow their construction company sales and profits so they can put more money in the bank. Call 1-800-361-1770 or sharie@fasteasyaccounting.com

Want to hear a new sermon every day? Support World Evangelism by becoming a subscriber to the DAILY PREMIUM AD-FREE SERMON PODCAST using the links below: Subscribe to the premium podcast for only $3/month at Supercast: https://vbph-sermons.supercast.tech/ Subscribe to the premium version of this podcast in Apple Podcasts for $4.99/month: https://apple.co/3dix1mC ALL PROCEEDS GO TO WORLD EVANGELISM --- We need five-star reviews! Tell the world what you think about this podcast at: Apple Podcasts: https://apple.co/3dix1mC Podchaser: https://www.podchaser.com/podcasts/vbph-sermon-podcast-43369 Join our bible reading plan: https://bible.com/p/37105438/98d214149e0115fd6b7114ad30095ebf Want to receive text updates from our church? Send the keyword VBPH to 844-990-3380. Please let us know how this message has influenced you by connecting with us using one of these options: Email: pastor@vbph.org Voicemail: https://anchor.fm/vbph-sermons/message Facebook: https://facebook.com/vbph.church Instagram: https://instagram.com/vbph.church Twitter: https://twitter.com/vbph_church Website: https://vbph.church Are you in Hampton Roads and want to visit our church? Come join us IRL: 1045 Lynnhaven Pkwy., Virginia Beach, VA 23452 --- RAISE EVEN MORE FOR WORLD EVANGELISM BY EXPLORING OUR SHOW'S SPONSORS: Try Audible Premium Plus and Get Up to Two Free Audiobooks – https://amzn.to/3l9vPpw Find the perfect freelancer for your project at Fiverr – https://fvrr.co/2Yy97Ql Save and Invest with Acorns. Get $5 bonus investment in five minutes – https://bit.ly/38OZ6QT Get 55% off of QuickBooks for your first three months – https://bit.ly/3A9Kc3P Try Melio: The free bill-paying solution for small businesses & churches – https://bit.ly/2XdVEgc How about a protein bar that actually tastes good? That's Built Bar! – https://bit.ly/3hvTFuH The BEST Smart Home Technology At the BEST Price: WYZE.com – https://bit.ly/3bLnAfp

Meet Our GuestAnurag Pal, CEO @ Escalonhttps://www.linkedin.com/in/anurag-ap-pal/Learn More About Escalonhttps://escalon.services/Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow NotesComing soon! Get in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsGo here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Meet Our GuestsJoav Bally: https://www.linkedin.com/in/joavbally/Marc Holliday: https://www.linkedin.com/in/marc-holliday-42634558/ Learn More About NetSuite Data Warehousehttps://www.netsuite.com/portal/products/analytics/data-warehouse.shtmlNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow NotesComing soon! Get in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsGo here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Hey Group Practice listeners! New podcast episode out today! This episode is all about exit planning, and I'll be sharing recordings from The Group Practice Exchange followers who have gone through the process of slowing down and exiting themselves! In this episode I cover: Reasons people are exiting group practice How slowing down + exiting can support your vision Group practice owner experiences with exit planning This episode is sponsored by TherapyNotes. TherapyNotes is an EHR software that helps behavioral health professionals manage their practice with confidence and efficiency. I use TherapyNotes in my own group practice and love its amazing support team, billing features, and scheduling capabilities. It serves us well as a large group practice owner. Do you ever wish for a financial therapist who could relieve you from the last few months' bookkeeping, talk you off the edge when you're running into issues with Quickbooks, or help you work through a profit plan for growth? GreenOak Accounting does just that! GreenOak Accounting is an accounting firm that specializes in working with group practices. Their value goes WAY beyond bookkeeping; they can help you get on track for financial success. Schedule a free consultation by going to http://greenoakaccounting.com/tgpe

Want to hear a new sermon every day? Support World Evangelism by becoming a subscriber to the DAILY PREMIUM AD-FREE SERMON PODCAST using the links below: Subscribe to the premium podcast for only $3/month at Supercast: https://vbph-sermons.supercast.tech/ Subscribe to the premium version of this podcast in Apple Podcasts for $4.99/month: https://apple.co/3dix1mC ALL PROCEEDS GO TO WORLD EVANGELISM --- We need five-star reviews! Tell the world what you think about this podcast at: Apple Podcasts: https://apple.co/3dix1mC Podchaser: https://www.podchaser.com/podcasts/vbph-sermon-podcast-43369 Join our bible reading plan: https://bible.com/p/37105438/98d214149e0115fd6b7114ad30095ebf Want to receive text updates from our church? Send the keyword VBPH to 844-990-3380. Please let us know how this message has influenced you by connecting with us using one of these options: Email: pastor@vbph.org Voicemail: https://anchor.fm/vbph-sermons/message Facebook: https://facebook.com/vbph.church Instagram: https://instagram.com/vbph.church Twitter: https://twitter.com/vbph_church Website: https://vbph.church Are you in Hampton Roads and want to visit our church? Come join us IRL: 1045 Lynnhaven Pkwy., Virginia Beach, VA 23452 --- RAISE EVEN MORE FOR WORLD EVANGELISM BY EXPLORING OUR SHOW'S SPONSORS: Try Audible Premium Plus and Get Up to Two Free Audiobooks – https://amzn.to/3l9vPpw Find the perfect freelancer for your project at Fiverr – https://fvrr.co/2Yy97Ql Save and Invest with Acorns. Get $5 bonus investment in five minutes – https://bit.ly/38OZ6QT Get 55% off of QuickBooks for your first three months – https://bit.ly/3A9Kc3P Try Melio: The free bill-paying solution for small businesses & churches – https://bit.ly/2XdVEgc How about a protein bar that actually tastes good? That's Built Bar! – https://bit.ly/3hvTFuH The BEST Smart Home Technology At the BEST Price: WYZE.com – https://bit.ly/3bLnAfp

Welcome to the Tearsheet Podcast. I'm your host, Tearsheet's editor in chief, Zack Miller. This following is part of a new series we're running. It's called the Big Bank Theory, and it's all about the future of banking. We see three options going forward: in the march towards digital, people will gravitate towards the digital arms of incumbent banks, give their business to new upstart challenger banks, or the biggest opportunity, which is bank with the brands they love. Through embedded finance, people are increasingly turning to companies they frequent often -- could be a big retail player like Walmart or SMB accounting software like QuickBooks -- to plan, store, and move money around. The following series includes content from Tearsheet's The Big Bank Theory Conference, held in November 2021. We had three full days with the top companies and professionals defining what banking looks like today and into the future. We heard from large incumbents like Bank of America and startups like Current. Zack 1: Square is one of the next generation technology companies that is absolutely part of the fabric of the future of banking. With a seller ecosystem of millions of merchants and the popularity of its Cash App, Square received a banking license in 2021. I spoke with Luke Voiles, the firm's newly appointed general manager of banking. I've spoken to Luke in the past, where he led Intuit's foray into embedded finance and lending. We discuss Square's roots and ethos, diving into the firm's founding story. Luke shares where the firm sees opportunity to provide financial services for its users -- now and into the future. Here's my talk with Square's Luke Voiles.

Founder of The Content Studio, Tommy Walker continues to share his strategies on workflow optimization and content automation. Businesses are always looking for ways to streamline and produce more. Though it takes a while to set up, having a good workflow in place will ultimately lead to better quality content. Tommy shares his tips as the former Global Editor-in-Chief at Quickbooks. Show NotesConnect With: Tommy Walker: Website // LinkedInThe Voices of Search Podcast: Email // LinkedIn // TwitterBenjamin Shapiro: Website // LinkedIn // TwitterSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Support World Evangelism by becoming a subscriber to the DAILY PREMIUM AD-FREE SERMON PODCAST using the links below: Subscribe to the premium podcast for only $3/month at Supercast: https://vbph-sermons.supercast.tech/ Subscribe to the premium version of this podcast in Apple Podcasts for $4.99/month: https://apple.co/3dix1mC ALL PROCEEDS GO TO WORLD EVANGELISM --- We need five-star reviews! Tell the world what you think about this podcast at: Apple Podcasts: https://apple.co/3dix1mC Podchaser: https://www.podchaser.com/podcasts/vbph-sermon-podcast-43369 Join our bible reading plan: https://bible.com/p/37105438/98d214149e0115fd6b7114ad30095ebf Want to receive text updates from our church? Send the keyword VBPH to 844-990-3380. Please let us know how this message has influenced you by connecting with us using one of these options: Email: pastor@vbph.org Voicemail: https://anchor.fm/vbph-sermons/message Facebook: https://facebook.com/vbph.church Instagram: https://instagram.com/vbph.church Twitter: https://twitter.com/vbph_church Website: https://vbph.church Are you in Hampton Roads and want to visit our church? Come join us IRL: 1045 Lynnhaven Pkwy., Virginia Beach, VA 23452 --- RAISE EVEN MORE FOR WORLD EVANGELISM BY EXPLORING OUR SHOW'S SPONSORS: Try Audible Premium Plus and Get Up to Two Free Audiobooks – https://amzn.to/3l9vPpw Find the perfect freelancer for your project at Fiverr – https://fvrr.co/2Yy97Ql Save and Invest with Acorns. Get $5 bonus investment in five minutes – https://bit.ly/38OZ6QT Get 55% off of QuickBooks for your first three months – https://bit.ly/3A9Kc3P Try Melio: The free bill-paying solution for small businesses & churches – https://bit.ly/2XdVEgc How about a protein bar that actually tastes good? That's Built Bar! – https://bit.ly/3hvTFuH The BEST Smart Home Technology At the BEST Price: WYZE.com – https://bit.ly/3bLnAfp

Support World Evangelism by becoming a subscriber to the DAILY PREMIUM AD-FREE SERMON PODCAST using the links below: Subscribe to the premium podcast for only $3/month at Supercast: https://vbph-sermons.supercast.tech/ Subscribe to the premium version of this podcast in Apple Podcasts for $4.99/month: https://apple.co/3dix1mC ALL PROCEEDS GO TO WORLD EVANGELISM --- We need five-star reviews! Tell the world what you think about this podcast at: Apple Podcasts: https://apple.co/3dix1mC Podchaser: https://www.podchaser.com/podcasts/vbph-sermon-podcast-43369 Join our bible reading plan: https://bible.com/p/37105438/98d214149e0115fd6b7114ad30095ebf Want to receive text updates from our church? Send the keyword VBPH to 844-990-3380. Please let us know how this message has influenced you by connecting with us using one of these options: Email: pastor@vbph.org Voicemail: https://anchor.fm/vbph-sermons/message Facebook: https://facebook.com/vbph.church Instagram: https://instagram.com/vbph.church Twitter: https://twitter.com/vbph_church Website: https://vbph.church Are you in Hampton Roads and want to visit our church? Come join us IRL: 1045 Lynnhaven Pkwy., Virginia Beach, VA 23452 --- RAISE EVEN MORE FOR WORLD EVANGELISM BY EXPLORING OUR SHOW'S SPONSORS: Try Audible Premium Plus and Get Up to Two Free Audiobooks – https://amzn.to/3l9vPpw Find the perfect freelancer for your project at Fiverr – https://fvrr.co/2Yy97Ql Save and Invest with Acorns. Get $5 bonus investment in five minutes – https://bit.ly/38OZ6QT Get 55% off of QuickBooks for your first three months – https://bit.ly/3A9Kc3P Try Melio: The free bill-paying solution for small businesses & churches – https://bit.ly/2XdVEgc How about a protein bar that actually tastes good? That's Built Bar! – https://bit.ly/3hvTFuH The BEST Smart Home Technology At the BEST Price: WYZE.com – https://bit.ly/3bLnAfp

This Podcast Is Episode Number 445, And It's About How To Get Your Life Back In A Seven-Day-A-Week Construction Business Construction business owners already have a time-consuming and challenging job running their business. If their business is open five days a week, they usually need the weekend to catch up on paperwork, pay bills and manage any tasks they didn't get to during the week.    For those with a seven-day-a-week business, there's even less time off. They often feel the need to be onsite whenever the company is open to deal with unanticipated issues, help the staff out, and ensure all tasks are completed.    Being onsite seven days a week isn't healthy or productive, however. It can cause burnout and result in errors being made. It affects the construction owner's personal life and quality of life, not to mention their overall well-being.    Here are three tips for getting your life back when you operate a seven-day-a-week business.  1. Hire a trusted manager The next best thing to having you onsite all the time is to have a manager with authority similar to yours who can be onsite when you aren't. Invest money in hiring a manager to deal with operations so you can take days off. Train that person to deal with any issues you anticipate and make sure they know and understand the business inside and out. Give them the authority to make decisions in your absence. It might take a little time to build up trust with that manager, but they will be invaluable to you when you have them.   2. Delegate tasks you don't need to do As a small business owner, you have regular duties that need to be done but could be better done by an expert. Doing them yourself takes up a ton of your time and forces you to be on the job site more. Look at your tasks and determine which ones are eating up your valuable time. Could you hire a bookkeeper? An accountant?  Virtual assistants can now be hired to deal with invoicing, collecting payments, and making phone calls on your behalf. That frees you up to deal with other tasks at your job site, which means you may get your other duties done and find you have free time.  These outside service providers cost money, but they are worth the expense when you consider the time and energy you'll save by not taking on those tedious tasks. Especially when you factor in the extra personal time, you'll have. 3. Start slowly The worst thing you can do is wait until you feel you're about to have a nervous breakdown before you think about taking days off. That increases the chances that you'll need a day off at precisely the wrong time—during the busy season or when there's a work-related crisis emerging.  To get yourself comfortable with taking days off and get staff used to you being away: Start slowly. Maybe take an afternoon off during the weekday; that's typically the slowest. When you're comfortable with that, start taking an entire day off here and there. After a while, you'll be fine taking two days off, even during busier periods. You may not always have a five-day-a-week job, but at least you'll be okay taking days off for yourself.  Final thoughts As contractors, you wear too many hats that you end up wearing yourself out from the weight of it all or from the time it takes for you to wear all of it. You don't have enough energy nor time. It would be best if you had time away from your business to maintain your sanity and stop yourself from burning out. Having trusted staff and expert service providers in place will help you take a break from your worksite and get yourself some personal time.  About The Author: Sharie DeHart, QPA is the co-founder of Business Consulting And Accounting in Lynnwood, Washington. She is the leading expert in managing outsourced construction bookkeeping and accounting services companies and cash management accounting for small construction companies across the USA. She encourages Contractors and Construction Company Owners to stay current on their tax obligations and offers insights on how to manage the remaining cash flow to operate and grow their construction company sales and profits so they can put more money in the bank. Call 1-800-361-1770 or sharie@fasteasyaccounting.com  

Support World Evangelism by becoming a subscriber to the DAILY PREMIUM AD-FREE SERMON PODCAST using the links below: Subscribe to the premium podcast for only $3/month at Supercast: https://vbph-sermons.supercast.tech/ Subscribe to the premium version of this podcast in Apple Podcasts for $4.99/month: https://apple.co/3dix1mC ALL PROCEEDS GO TO WORLD EVANGELISM --- We need five-star reviews! Tell the world what you think about this podcast at: Apple Podcasts: https://apple.co/3dix1mC Podchaser: https://www.podchaser.com/podcasts/vbph-sermon-podcast-43369 Join our bible reading plan: https://bible.com/p/37105438/98d214149e0115fd6b7114ad30095ebf Want to receive text updates from our church? Send the keyword VBPH to 844-990-3380. Please let us know how this message has influenced you by connecting with us using one of these options: Email: pastor@vbph.org Voicemail: https://anchor.fm/vbph-sermons/message Facebook: https://facebook.com/vbph.church Instagram: https://instagram.com/vbph.church Twitter: https://twitter.com/vbph_church Website: https://vbph.church Are you in Hampton Roads and want to visit our church? Come join us IRL: 1045 Lynnhaven Pkwy., Virginia Beach, VA 23452 --- RAISE EVEN MORE FOR WORLD EVANGELISM BY EXPLORING OUR SHOW'S SPONSORS: Try Audible Premium Plus and Get Up to Two Free Audiobooks – https://amzn.to/3l9vPpw Find the perfect freelancer for your project at Fiverr – https://fvrr.co/2Yy97Ql Save and Invest with Acorns. Get $5 bonus investment in five minutes – https://bit.ly/38OZ6QT Get 55% off of QuickBooks for your first three months – https://bit.ly/3A9Kc3P Try Melio: The free bill-paying solution for small businesses & churches – https://bit.ly/2XdVEgc How about a protein bar that actually tastes good? That's Built Bar! – https://bit.ly/3hvTFuH The BEST Smart Home Technology At the BEST Price: WYZE.com – https://bit.ly/3bLnAfp

If you are one of my regular listeners, you're probably wondering why there is an additional episode this week.  Well, today I have something special for you.  I've decided to do an extra series of podcast episodes for bookkeepers, but don't worry, my normal weekly podcasts will drop at their regular times.  I know that the listeners of this podcast are made up of a mixture of entrepreneurs who either what to start their own business, they are self-employed, solopreneurs, small business owners, bookkeepers and virtual assistants.  Since I provide information on managing your small business finances, this mixture of listeners is expected, but I wanted to have a series of podcast episodes for individuals that will focus on bookkeepers, those who are thinking about or want to start a bookkeeping business or already have a bookkeeping business but want to grow or scale their existing bookkeeping business.  If you are a business owner and you are wondering if you should be doing your own bookkeeping, this episode will be helpful for you as well, and you may learn a thing or two about doing your own bookkeeping.  I know that bookkeepers are in demand, and this is the time of the year when business owners are searching for bookkeepers to help them with their finances, whether they are using QuickBooks, Xero, Wave or a spreadsheet like Xcel or Google Sheets.  I am going to start this series off with a question I want you to ask yourself if you are thinking about starting a bookkeeping business.  Is owning a bookkeeping business right for you, and if so, how do you start a bookkeeping business?  Bookkeeping isn't the right fit for everyone, so if you've been thinking about starting a bookkeeping business, listen in to today's episode where I will cover what it takes to be a bookkeeper and by the end of this episode, you'll know if you have what it takes to own a bookkeeping business, and if bookkeeping is right for you… Register for the Jumpstart Your Bookkeeping Business Workshop on Monday November 22, 2021 at 6:00 PM Central Time Here: www.FinancialAdventure.com/Workshop Are you a bookkeeper looking to start, grow or scale your bookkeeping business?  Join our FREE bookkeeper community here: www.FinancialAdventure.com/BookkeeperCommunity BLACK FRIDAY HOLIDAY BUNDLE PROMOTION!! Get Notified When Registration For My Elevate Your Bookkeeping Business Program To Start, Grow Or Scale Your Own Profitable Bookkeeping Business Is Open For Enrollment Here: www.FinancialAdventure.com/Elevate-Waitlist Your FREE Online Virtual Bookkeeping Business Starter Guide & Success Path is waiting for you: www.FinancialAdventure.com/StarterGuide Looking for an extremely beneficial online bookkeeping resource?  Join us in our Mastering Your Small Business Finances Membership where you can ask questions and get answers regarding your specific business.  We dive deeper into the topics on this podcast, provide additional resources and accountability: www.FinancialAdventure.com/MYSBF Fill out the Contact Us form if you have a question or need help with your bookkeeping: www.FinancialAdventure.com/Contact-Us Grab Your FREE guide:  5 Essential Strategies For Stress-Free Bookkeeping: www.FinancialAdventure.com/5Essentials Sign up for a quick chat to see if starting a Bookkeeping Business is right for you: www.FinancialAdventure.com/Discovery Join Our Facebook Community: www.Facebook.com/Groups/WomenBusinessOwnersUltimateDIYBookkeepingBoutique QuickBooks Online - Save 50% Your First 3 Months: www.FinancialAdventure.com/QuickBooks Show Notes:  www.FinancialAdventure.com This podcast is sponsored by Financial Adventure, LLC ~ visit www.FinancialAdventure.com  for additional information and free resources.

Today I want to give you just a few bite-sized ways that you can start to develop a financial system that really works with you.Now ​​look, I know how terrifying looking at numbers can be BUT I can also sit here and honestly speak about how liberating and exciting it can be as well.First and foremost, I want you to create a Money Day. Every single week, choose one day to look at your numbers (creating this habit is really going to give you so much of the Powerback® because you're going to have knowledge, and knowledge is power);Then I want you to consider getting set up with an official accounting software (Personally, I love QuickBooks);Finally, I want you to get that freebie set up; that introductory offer that causes people to say, ‘Yes, I'd like to learn more.'Creating a financial system that works for you does not have to be cumbersome; it does not have to be complicated; it does not need to have all these bells and whistles involved in it. The most important thing here is to find something that works for you!---RESOURCES FROM THIS EPISODEGet 50% off your first 6 months of QuickBooks OnlineAt lauraaura.com, you can now sign up for my free mini-class on Undoing Your Business So You Can Take Your Powerback®Head on over to LauraAura.com to find out more about The BrandstarterTM Course, Brand Reviews, Powerback Sessions, and the freshly launched PowerbackTM Course. CONNECT WITH LAURAAURAInstagram: @thatlauraauraFacebook: @thatlauraauraTwitter: @thatlauraauraWebsite: LauraAura.comTHANK YOU, GUTSY TRIBE!We love, love, love to read your comments, feedback, and reviews. If you haven't yet, drop us one below! Your review might even get highlighted within one of our gutsy love posts or on our website.

Support World Evangelism by becoming a subscriber to the DAILY PREMIUM AD-FREE SERMON PODCAST using the links below: Subscribe to the premium podcast for only $3/month at Supercast: https://vbph-sermons.supercast.tech/ Subscribe to the premium version of this podcast in Apple Podcasts for $4.99/month: https://apple.co/3dix1mC ALL PROCEEDS GO TO WORLD EVANGELISM --- We need five-star reviews! Tell the world what you think about this podcast at: Apple Podcasts: https://apple.co/3dix1mC Podchaser: https://www.podchaser.com/podcasts/vbph-sermon-podcast-43369 Join our bible reading plan: https://bible.com/p/37105438/98d214149e0115fd6b7114ad30095ebf Want to receive text updates from our church? Send the keyword VBPH to 844-990-3380. Please let us know how this message has influenced you by connecting with us using one of these options: Email: pastor@vbph.org Voicemail: https://anchor.fm/vbph-sermons/message Facebook: https://facebook.com/vbph.church Instagram: https://instagram.com/vbph.church Twitter: https://twitter.com/vbph_church Website: https://vbph.church Are you in Hampton Roads and want to visit our church? Come join us IRL: 1045 Lynnhaven Pkwy., Virginia Beach, VA 23452 --- RAISE EVEN MORE FOR WORLD EVANGELISM BY EXPLORING OUR SHOW'S SPONSORS: Try Audible Premium Plus and Get Up to Two Free Audiobooks – https://amzn.to/3l9vPpw Find the perfect freelancer for your project at Fiverr – https://fvrr.co/2Yy97Ql Save and Invest with Acorns. Get $5 bonus investment in five minutes – https://bit.ly/38OZ6QT Get 55% off of QuickBooks for your first three months – https://bit.ly/3A9Kc3P Try Melio: The free bill-paying solution for small businesses & churches – https://bit.ly/2XdVEgc How about a protein bar that actually tastes good? That's Built Bar! – https://bit.ly/3hvTFuH The BEST Smart Home Technology At the BEST Price: WYZE.com – https://bit.ly/3bLnAfp

You may have some fear or feel a sense of resistance when you hear the phrase “affiliate marketing.” Especially if you had ever been burned by this form of marketing in the past.. Like most sectors, a lot  has improved in the affiliate space and that development has stemmed from the creation of tech tools.  On this episode of Marketing Trends, Kevin Osborne, the Senior Vice President of Client Strategy at Acceleration Partners, gave us  the low-down on how affiliate partnerships can be thought of as more than a last-ditch effort to milk remaining dollars out of the market. Management, implementation and fraud resistance are all areas of modern affiliate marketing that have vastly improved as of late. “People tend to pigeonhole “affiliate marketing” as the last mile. Get that last click drive, that last sale. But again, we really encourage these bigger brands that have a broader perspective on what this channel can do and how it can operate across other traditional media channels already running.” But a successful affiliate marketing strategy is' more than just having the right tools, or the best new gadgets. A big part of the value that Acceleration Partners brings to its customers is by providing guidance on best practices as you roll out your program. Kevin and I dove into how using data, tapping into tried-and-true marketing channels, and reducing friction on the back-end have given modern affiliate marketing the power to be a key tool in your marketing mix, not just an afterthought. Main Takeaways:Old School Affiliate Marketing Systems are Out: The time and labor intensive old school model of affiliate marketing was a big lift, even for bigger companies to pull off successfully. Now with evolving technology, the launching and management of a profitable affiliate marketing program is much more cost effective and less staff intensive. The affiliate system is now more efficient and scalable. Direct Mail can be an Affiliate: Don't limit yourself to the old way of thinking about affiliate partnerships, even in terms of where that initial impression comes from. With some businesses, such as the restaurant industry, direct mail can be the most effective affiliate lead tool. Re-engaging with existing customers: As you think about reigniting that affiliate marketing program, look at your existing customer base as the first well to tap into. Re-engaging with existing customers through affiliate marketing can bring them back to new products or services you offer.   Key Quotes:“We look at brands that are trying to acquire subscribers, sign ups, sell shoes, whatever it may be, and at the end of the day, affiliate is simply a channel that's able to pay partners once an outcome takes place. Once a sale takes place at the end of the day, I think a lot of marketers are trying to get to that final accountable metric, which is, ‘does this drive sales?' “You could use this tool, partnership marketing and the different players that are involved in it to drive any part of the consumer journey that you want. You can drive awareness, you can drive engagement, you can drive conversion.”“People tend to pigeonhole “affiliate marketing” as the last mile. Get that last click drive, that last sale. But again, we really encourage these bigger brands that have a broader perspective on what this channel can do and how it can operate across other traditional media channels already running.” “There's some sophisticated technology platforms out there that are great at looking at these deeper analytics. Whether that's attribution, whether that's certain measurement systems based on the partner type, whether it's different commissions based on the interaction that a customer has with the brand, that technology enables us to actually push forward a lot of these new strategies that encompass broader marketing.”“One of the key elements of our services partner development.  We have guys that are going out there and forging new relationships based on a brand strategy. We worked with a food delivery app that was trying to acquire new restaurants. There's certain ways that those restaurants engage with media and take action, and direct mail was actually one of those. So working with direct mail service to actually get that brand's message in front of those restaurant owners was really effective.”“One of the spaces that's most interesting, that's been growing the fastest, is B2B, especially the SMB. They have these teams that are business development teams and business development. And that universe is pretty old school, right? It's guys with a Rolodex that are calling up certain partners or certain individuals that might run an accounting firm that are trying to get people to sign up for QuickBooks. And it's pretty disjointed and it's a big world, right? Some of these firms have 20, 30 people on these business development teams and they're willing to invest because they're really efficient, right? These partners can really drive a significant amount of sales for a pretty reasonable cost.”“As far as the industries that are growing the fastest within affiliate marketing there's these traditional, direct to consumer These guys were living off social and SEM for years.  They were maximizing those channels. They were driving new customers. They were doing it really cost efficiently.fn the last year or two years, it's become inefficient There is a point of diminishing returns where your bids have to go up and the value goes down. And at some point you need to explore other channels. Over the last three, four years, we've seen a huge adoption by those specific companies coming into a failure because it provides scalability, cost efficiency and new audiences that's where we've seen massive growth with those companies moving into affiliates and really changing the landscape and bringing on new innovation.”Bio:Kevin has served in a variety of sales roles at renowned companies, including AOL, Openbay and IAC. He has received numerous accolades for his leadership, sales training, and mentorship along with his digital industry expertise. His passion for startups and entrepreneurship has led to his working with some of the best and brightest companies in the startup space. Through his passion, charisma, determination and win-win approach to problem-solving, Kevin consistently earned the trust and respect of his clients.Prior to his successful career in sales, Kevin volunteered as a teacher with Citizen Schools and played professional hockey in Paris. If you catch him in the right mood, he may even tell you his favorite French expression.To learn more, click here: {{URL of detail page on found on www.mission.org}}---Marketing Trends podcast is brought to you by Salesforce. Discover marketing built on the world's number one CRM: Salesforce. Put your customer at the center of every interaction. Automate engagement with each customer. And build your marketing strategy around the entire customer journey. Salesforce. We bring marketing and engagement together. Learn more at salesforce.com/marketing. 

It has been a year of notable developments for the practice management company MyCase. After starting the year with the arrival of a new CEO, Jim McGinnis, the company went on to make two significant acquisitions — of case management platform CASEpeer and document automation software Woodpecker — and this week is holding its first-ever customer conference, where McGinnis announced a third acquisition — of cloud-based legal accounting platform Soluno — and a roadmap of new features that includes native accounting.    On this episode of LawNext, McGinnis joins host Bob Ambrogi to bring us up to date on everything happening at MyCase, discuss the company's recent acquisitions and what they mean for customers, and share details on the company's product roadmap and longer-term vision.    Before joining MyCase in January 2021, McGinnis was EVP/GM of Wolters Kluwer's Tax and Accounting North America Professional Segment, where he helped build CCH Axcess as a leading SaaS solution in the accounting profession. Earlier, he was vice president at Intuit, where he led marketing and product management for the professional division and led the accountant segment as part of Intuit's QuickBooks business. He has also held senior leadership positions at Activision, PepsiCo, and Procter & Gamble.   Thank You To Our Sponsors This episode of LawNext is generously made possible by our sponsors. We appreciate their support and hope you will check them out.  Paradigm, home to the practice management platforms PracticePanther, Bill4Time, and MerusCase, and e-payments platform Headnote. Woodpecker, legal document automation for solo and small firms.   A reminder that we are on Patreon. Subscribe to our page to be able to access show transcripts, or to submit a question for our guests.

Listen to the rest of this testimony and support World Evangelism by becoming a subscriber to the DAILY PREMIUM AD-FREE SERMON PODCAST using the links below: Subscribe to the premium podcast for only $3/month at Supercast: https://vbph-sermons.supercast.tech/ Subscribe to the premium version of this podcast in Apple Podcasts for $4.99/month: https://apple.co/3dix1mC ALL PROCEEDS GO TO WORLD EVANGELISM --- We need five-star reviews! Tell the world what you think about this podcast at: Apple Podcasts: https://apple.co/3dix1mC Podchaser: https://www.podchaser.com/podcasts/vbph-sermon-podcast-43369 Join our bible reading plan: https://bible.com/p/37105438/98d214149e0115fd6b7114ad30095ebf Want to receive text updates from our church? Send the keyword VBPH to 844-990-3380. Please let us know how this message has influenced you by connecting with us using one of these options: Email: pastor@vbph.org Voicemail: https://anchor.fm/vbph-sermons/message Facebook: https://facebook.com/vbph.church Instagram: https://instagram.com/vbph.church Twitter: https://twitter.com/vbph_church Website: https://vbph.church Are you in Hampton Roads and want to visit our church? Come join us IRL: 1045 Lynnhaven Pkwy., Virginia Beach, VA 23452 --- RAISE EVEN MORE FOR WORLD EVANGELISM BY EXPLORING OUR SHOW'S SPONSORS: Try Audible Premium Plus and Get Up to Two Free Audiobooks – https://amzn.to/3l9vPpw Find the perfect freelancer for your project at Fiverr – https://fvrr.co/2Yy97Ql Save and Invest with Acorns. Get $5 bonus investment in five minutes – https://bit.ly/38OZ6QT Get 55% off of QuickBooks for your first three months – https://bit.ly/3A9Kc3P Try Melio: The free bill-paying solution for small businesses & churches – https://bit.ly/2XdVEgc How about a protein bar that actually tastes good? That's Built Bar! – https://bit.ly/3hvTFuH The BEST Smart Home Technology At the BEST Price: WYZE.com – https://bit.ly/3bLnAfp

Support World Evangelism by becoming a subscriber to the DAILY PREMIUM AD-FREE SERMON PODCAST using the links below: Subscribe to the premium podcast for only $3/month at Supercast: https://vbph-sermons.supercast.tech/ Subscribe to the premium version of this podcast in Apple Podcasts for $4.99/month: https://apple.co/3dix1mC ALL PROCEEDS GO TO WORLD EVANGELISM --- We need five-star reviews! Tell the world what you think about this podcast at: Apple Podcasts: https://apple.co/3dix1mC Podchaser: https://www.podchaser.com/podcasts/vbph-sermon-podcast-43369 Join our bible reading plan: https://bible.com/p/37105438/98d214149e0115fd6b7114ad30095ebf Want to receive text updates from our church? Send the keyword VBPH to 844-990-3380. Please let us know how this message has influenced you by connecting with us using one of these options: Email: pastor@vbph.org Voicemail: https://anchor.fm/vbph-sermons/message Facebook: https://facebook.com/vbph.church Instagram: https://instagram.com/vbph.church Twitter: https://twitter.com/vbph_church Website: https://vbph.church Are you in Hampton Roads and want to visit our church? Come join us IRL: 1045 Lynnhaven Pkwy., Virginia Beach, VA 23452 --- RAISE EVEN MORE FOR WORLD EVANGELISM BY EXPLORING OUR SHOW'S SPONSORS: Try Audible Premium Plus and Get Up to Two Free Audiobooks – https://amzn.to/3l9vPpw Find the perfect freelancer for your project at Fiverr – https://fvrr.co/2Yy97Ql Save and Invest with Acorns. Get $5 bonus investment in five minutes – https://bit.ly/38OZ6QT Get 55% off of QuickBooks for your first three months – https://bit.ly/3A9Kc3P Try Melio: The free bill-paying solution for small businesses & churches – https://bit.ly/2XdVEgc How about a protein bar that actually tastes good? That's Built Bar! – https://bit.ly/3hvTFuH The BEST Smart Home Technology At the BEST Price: WYZE.com – https://bit.ly/3bLnAfp

Support World Evangelism by becoming a subscriber to the DAILY PREMIUM AD-FREE SERMON PODCAST using the links below: Subscribe to the premium podcast for only $3/month at Supercast: https://vbph-sermons.supercast.tech/ Subscribe to the premium version of this podcast in Apple Podcasts for $4.99/month: https://apple.co/3dix1mC ALL PROCEEDS GO TO WORLD EVANGELISM --- We need five-star reviews! Tell the world what you think about this podcast at: Apple Podcasts: https://apple.co/3dix1mC Podchaser: https://www.podchaser.com/podcasts/vbph-sermon-podcast-43369 Join our bible reading plan: https://bible.com/p/37105438/98d214149e0115fd6b7114ad30095ebf Want to receive text updates from our church? Send the keyword VBPH to 844-990-3380. Please let us know how this message has influenced you by connecting with us using one of these options: Email: pastor@vbph.org Voicemail: https://anchor.fm/vbph-sermons/message Facebook: https://facebook.com/vbph.church Instagram: https://instagram.com/vbph.church Twitter: https://twitter.com/vbph_church Website: https://vbph.church Are you in Hampton Roads and want to visit our church? Come join us IRL: 1045 Lynnhaven Pkwy., Virginia Beach, VA 23452 --- RAISE EVEN MORE FOR WORLD EVANGELISM BY EXPLORING OUR SHOW'S SPONSORS: Try Audible Premium Plus and Get Up to Two Free Audiobooks – https://amzn.to/3l9vPpw Find the perfect freelancer for your project at Fiverr – https://fvrr.co/2Yy97Ql Save and Invest with Acorns. Get $5 bonus investment in five minutes – https://bit.ly/38OZ6QT Get 55% off of QuickBooks for your first three months – https://bit.ly/3A9Kc3P Try Melio: The free bill-paying solution for small businesses & churches – https://bit.ly/2XdVEgc How about a protein bar that actually tastes good? That's Built Bar! – https://bit.ly/3hvTFuH The BEST Smart Home Technology At the BEST Price: WYZE.com – https://bit.ly/3bLnAfp

Freight-Tech Meets Fin-Tech with Victor Ofstein Joe Lynch and Victor Ofstein discuss freight-tech meets fin-tech. Victor is the Head of Strategic Partnerships at Melio where he brings Melio's seamless online payments to the logistics and transportation industry. About Victor Ofstein Victor Ofstein is the Head of Strategic Partnerships at Melio, a company that is bringing freight-tech to fin-tech. Victor is a technology executive with rich experience and proven success in startup, growth and large companies, holding customer-centric, operational, and executive roles. Victor's experience in technology, logistics, and finance enable him to deliver fin-tech solutions to his transportation and logistics customers. Prior to joining Melio, Victor spent the last decade introducing innovation and technology to the freight and logistics industry. Victor earned a Bachelor of Arts at the University of London. About Melio Melio is an online accounts payable solution that allows businesses to conveniently make ACH bank transfers, debit card, and credit card payments to their vendors. Melio syncs seamlessly with QuickBooks, automatically adding payment transactions to be processed in a dedicated app for scheduled automatic recording and recurring billing. Melio was created with small business owners in mind to make vendor payments and get paid as simply as possible. Melio makes paying vendors easy and hassle-free by allowing small businesses to make their payments by ACH bank transfer, credit card, or debit card, even if the vendor they are making the payment to only accepts checks. Using Melio to pay vendors is easy. Key Takeaways: Freight-Tech Meet Fin-Tech with Victor Ofstein Victor Ofstein is the Head of Strategic Partnerships at Melio, a company that is bringing fin-tech to freight-tech. According to Victor, the number one question in transportation and logistics is “Where is my stuff?” The number two question in transportation and logistics is “Where is my money?” Victor and the team at Melio are making it easier for transportation and logistics companies to make and receive payments. In our personal lives, we have gotten use to consumer payment technologies that make getting and receiving money very easy. In our professional lives, payments are often a hassle with an over-reliance on checks and snail mail. Given the importance of cash flow and on-time payments to carriers, brokers, and 3PLs partners, companies need the flexibility, speed, and convenience of fin-tech – similar to the consumer experience. Melio is the simplest way to pay vendors and contractors. With Melio, companies can pay any invoice with a bank transfer for free, or use their credit card to defer payment (2.9% fee). Vendors receive a check or a bank deposit. In addition, Melio's technology integrates into transportation management systems which makes payments and accounting even easier. Learn More: Freight-Tech Meets Fin-Tech Victor Ofstein LinkedIn Melio The Logistics of Logistics Podcast If you enjoy the podcast, please leave a positive review, subscribe, and share it with your friends and colleagues. The Logistics of Logistics Podcast: Google, Apple, Castbox, Spotify, Stitcher, PlayerFM, Tunein, Podbean, Owltail, Libsyn, Overcast Check out The Logistics of Logistics on Youtube

This Podcast Is Episode Number 444, And It's About Job Costing - Your Construction Company's Competitive Advantage Every contractor has a Job Costing Library; some keep it in their head, some keep it on paper with names like completed jobs, bids, estimates. Other contractors keep it in their QuickBooks For Contractors' software records. Still, other contractors rely on places like RS Means for comprehensive databases of construction costs. These are similar to the "Flat Rate Books" used by car repair shops for decades.   A tiny fraction of contractors understand the actual value of a customized cost library and invest the time, energy, and resources to build and maintain one. Having done several, I can tell you it is a painful, arduous task. I will tell you a story to make it crystal clear.   The Treasure Box That Saved Four Contractor's Lives! In the mid-1800s, an archeologist left New York City on a journey into the heart of the African jungle in search of a lost civilization. He intended to find and bring back treasures that would make him a wealthy man. He recruited four physically fit and very intelligent contractors, one each from The Four Types Of Contractors, to assist him with the promise they would be paid a substantial reward when they returned the treasure box to his office in New York City. All went well for the first two weeks, and as luck would have it, they stumbled upon the lost civilization resting undisturbed under a soft blanket of floral and vines. The archeologist and the contractors worked feverishly to find the treasure without success during the next two weeks. Late one afternoon, the archeologist was bitten by a poisonous snake, and before long, he began to get dizzy. He knew he had less than twenty-four hours to live, so he decided to spend his remaining time putting a plan in place to save the lives of the contractors he had brought on the journey. While the contractors slept, he filled the Treasure Box and sealed it with a large, heavy padlock. When the contractors awoke the following day, he described in great detail how he had found not what he came for but something much more valuable, more valuable in fact than gold and jewels. Everyone was very excited until he told why he would not make it out of the jungle alive. This news caused a great deal of sadness because everyone knew the archeologist was the one person who could keep peace and harmony when tempers flared and made sure everyone stayed focused and kept on track. The archeologist struck a bargain with the contractors to be rewarded handsomely if they worked together and delivered the Treasure Box to his office in New York City. He gave them a letter written in Latin to be delivered to his partner along with the Treasure Box with instructions regarding the contents of the Treasure Box. The archeologist made it clear the Treasure Box had to remain sealed until it was delivered, or else they would receive nothing. Now getting four contractors to agree on anything is a miracle in itself, let alone work together. They were fortunate the Treasure Box was so heavy it required all four of them to work together to move it. They fought their way through the jungle for three long terrible weeks, finally arriving at the archeologist's office in New York City and presenting it to his partner with the Treasure Box and the letter. The partner read the letter and smiled knowingly before opening the Treasure Box. It was filled with rocks. The contractors were very angry and upset. When they calmed down, the partner translated the archeologist's letter for them, and it said: "By Making You Work Together, I Saved Your Lives Which Is Worth More Than Gold Or Jewels" Your Treasure Box is your construction company's job costing library.  Building it is like taking that long, challenging journey out of the jungle, which is why so few contractors ever do it even though the results are more valuable than a Treasure Box full of gold and jewels; because a job costing library can turn a regular construction company into a perpetual money machine. "If You Know The Answers The Questions Will Not Bother You" - Randalism Knowing in advance which jobs have the highest probability of success and profit before getting involved moves your construction company from an unpredictable roller coaster to a peaceful merry-go-round. The key to a helpful bid is accurate job costs. Your estimator needs to access the past job histories to calculate the construction costs accurately. Contractors with annual sales volume under $5,000,000 are not likely to have a $100,000+ a year professional estimator on staff, so do not expect them to be 100% accurate.  The key is to get the final job costs as close as possible to the project estimate and budget. The only differences between your bid and the finished project should be overhead and profit. Job Costing Process Minimum Requirements: Time cards that have spaces for job name and cost codes - Free Timecard Templates Have your bookkeeper provide labor burden rate - Labor Burden Explained Heavy equipment job allocation rates Job costing and job profitability reports Job Costing Library Minimum Requirements: Construction bookkeeping services system with QuickBooks setup correctly allocates transactions into direct construction costs, indirect construction costs, overhead, and other costs. Job costing reporting system based on one of these four foundations: account-based, item-based, schedule of values-based, or work-in-progress based (W.I.P.). It will depend on your particular construction company and what markets you serve. Professional construction bookkeepers and accountants maintain the construction bookkeeping system, and I don't mean the secretary who does everything, including the bookkeeping. The people are responsible for purchasing labor, material, other costs, and subcontractors to code every receipt with the correct job name and cost code. The Fast Easy Way Outsource The Hard Part And Keep The Easy Part We have #1, #2, and #3 in place already, and all you have to do is #4, and we have processes to train you and your staff. QuickBooks For Contractors desktop version is available 24/7 on a secure cloud-based server if you want to interact with it and monitor the data entry and additional reports in real-time. You don't need to open your QuickBooks for Contractors file if you prefer not because either way, we will automatically generate your Job Costing and Job Profitability reports and send them to you on whatever schedule suits you best. Our construction accountants can review the Job Costing and Job Profitability reports with you and answer all of your questions. Final thoughts Job Costing is much work, but the results are worth it. You can save money in the short run by doing it yourself, hiring someone to work in your office, enrolling in our online class, or you can spend a bit more money and outsource it to a company like ours, which specializes in Contractors Bookkeeping Services; the choice is yours. Just be forewarned to set up QuickBooks for your construction company, do the data entry, payroll, quarterly taxes, construction accounting, and Job Costing, and do it right will require a substantial skill. About The Author: Sharie DeHart, QPA is the co-founder of Business Consulting And Accounting in Lynnwood, Washington. She is the leading expert in managing outsourced construction bookkeeping and accounting services companies and cash management accounting for small construction companies across the USA. She encourages Contractors and Construction Company Owners to stay current on their tax obligations and offers insights on how to manage the remaining cash flow to operate and grow their construction company sales and profits so they can put more money in the bank. Call 1-800-361-1770 or sharie@fasteasyaccounting.com    

Support World Evangelism by becoming a subscriber to the DAILY PREMIUM AD-FREE SERMON PODCAST using the links below: Subscribe to the premium podcast for only $3/month at Supercast: https://vbph-sermons.supercast.tech/ Subscribe to the premium version of this podcast in Apple Podcasts for $4.99/month: https://apple.co/3dix1mC ALL PROCEEDS GO TO WORLD EVANGELISM --- We need five-star reviews! Tell the world what you think about this podcast at: Apple Podcasts: https://apple.co/3dix1mC Podchaser: https://www.podchaser.com/podcasts/vbph-sermon-podcast-43369 Join our bible reading plan: https://bible.com/p/37105438/98d214149e0115fd6b7114ad30095ebf Want to receive text updates from our church? Send the keyword VBPH to 844-990-3380. Please let us know how this message has influenced you by connecting with us using one of these options: Email: pastor@vbph.org Voicemail: https://anchor.fm/vbph-sermons/message Facebook: https://facebook.com/vbph.church Instagram: https://instagram.com/vbph.church Twitter: https://twitter.com/vbph_church Website: https://vbph.church Are you in Hampton Roads and want to visit our church? Come join us IRL: 1045 Lynnhaven Pkwy., Virginia Beach, VA 23452 --- RAISE EVEN MORE FOR WORLD EVANGELISM BY EXPLORING OUR SHOW'S SPONSORS: Try Audible Premium Plus and Get Up to Two Free Audiobooks – https://amzn.to/3l9vPpw Find the perfect freelancer for your project at Fiverr – https://fvrr.co/2Yy97Ql Save and Invest with Acorns. Get $5 bonus investment in five minutes – https://bit.ly/38OZ6QT Get 55% off of QuickBooks for your first three months – https://bit.ly/3A9Kc3P Try Melio: The free bill-paying solution for small businesses & churches – https://bit.ly/2XdVEgc How about a protein bar that actually tastes good? That's Built Bar! – https://bit.ly/3hvTFuH

SponsorsCenter Card:  https://cloudaccountingpodcast.promo/centerBaCo Tech: https://cloudaccountingpodcast.promo/bacoReach Reporting: https://cloudaccountingpodcast.promo/reachNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes1:25 – We're back from Scaling New Heights! Teslas, double-decker booths, and vaccination tales, oh my!  8:25 – Wanna win a Tesla? Go here: https://use.expensify.com/teslagiveaway ExpensifyApproved! Accountants Can Win a Free Tesla from Expensify!https://www.businesswire.com/news/home/20211025005776/en/ExpensifyApproved%21-Accountants-Can-Win-a-Free-Tesla-from-Expensify 10:15 – Scaling New Heights 2022: Thrive https://www.woodard.com/2022-scaling-new-heights-registration 11:13 – Parker Conrad's Rippling is now valued at $6.5 billion — more than Zenefits at its peakhttps://techcrunch.com/2021/10/21/parker-conrads-rippling-is-now-valued-at-6-5-billion-more-than-zenefits-at-its-peak/ 16:25 – Woodard Announces Partnership with Wolters Kluwerhttps://report.woodard.com/articles/woodard-announces-partnership-with-wolters-kluwer-fpwr 18:20 – Gusto acquires Remote Teamhttps://www.accountingtoday.com/news/gusto-acquires-remote-team 19:40 – FBI Raids Chinese Point-of-Sale Giant PAX Technologyhttps://krebsonsecurity.com/2021/10/fbi-raids-chinese-point-of-sale-giant-pax-technology/ 22:46 – What's new in QuickBooks Online: October 2021https://quickbooks.intuit.com/blog/whats-new/whats-new-in-quickbooks-online-october-2021/ 25:55 – Audit Sight takes on new capital to eliminate all of the back and forth between auditors, companieshttps://techcrunch.com/2021/10/22/audit-sight-takes-on-new-capital-to-eliminate-all-of-the-back-and-forth-between-auditors-companies/ 27:54 – Xero serves US CrossFit community as preferred accounting platformhttps://www.xero.com/blog/2021/10/us-crossfit-community-preferred-accounting-platform/ 29:57 – Accountants' favorite apps: 2021 editionhttps://www.accountingtoday.com/list/accountants-favorite-apps-2021-edition 36:10 – Blake is Relay's new Accounting Community Advocate    https://www.accountingtoday.com/list/on-the-move-sax-presents-annual-founders-award 38:59 – SURVEY: Office 365 Dominates Accounting Officeshttps://cpatrendlines.com/2021/10/14/survey-office-365-dominates-accounting-offices/ 43:50 – ProPublica is hiring an accountanthttps://www.linkedin.com/jobs/view/finance-associate-at-propublica-2781745917 46:31 – CEO Video Series: Putting Destination CPA Back on Accounting Students' Radar https://vimeo.com/638007048 51:31 – A CPA Pipeline Report: Decoding the Declinehttps://www.icpas.org/information/professional-issues/decoding-the-decline 53:14 – Apple's Most Back-Ordered New Product Is Not What You Expecthttps://www.nytimes.com/2021/10/29/technology/apple-polishing-cloth.html 57:03 — Listener Mail – Thanks, Ryan Pearcy! Check out his podcast, Digi-Tools in Accrual World! https://digitoolsinaccrual.world/ 58:49 – Man spent $57,789 in coronavirus relief aid on a Pokémon card, feds sayhttps://www.npr.org/2021/10/25/1049011060/coronavirus-relief-aid-pokemon-cardGet in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsFuture Firm: https://futurefirmaccelerate.com/Accounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Hey Group Practice listeners! New podcast episode out today! In this episode, I'm talking with Casey Gromer about the one tool every practice owner needs to take a step back from their business. In this episode we cover: The difference between a visionary and an integrator How visionaries and integrators work together Establishing a company persona This episode is sponsored by TherapyNotes. TherapyNotes is an EHR software that helps behavioral health professionals manage their practice with confidence and efficiency. I use TherapyNotes in my own group practice and love its amazing support team, billing features, and scheduling capabilities. It serves us well as a large group practice owner. Do you ever wish for a financial therapist who could relieve you from the last few months' bookkeeping, talk you off the edge when you're running into issues with Quickbooks, or help you work through a profit plan for growth? GreenOak Accounting does just that! GreenOak Accounting is an accounting firm that specializes in working with group practices. Their value goes WAY beyond bookkeeping; they can help you get on track for financial success. Schedule a free consultation by going to http://greenoakaccounting.com/tgpe  

Support World Evangelism by becoming a subscriber to the DAILY PREMIUM AD-FREE SERMON PODCAST using the links below: Subscribe to the premium podcast for only $3/month at Supercast: https://vbph-sermons.supercast.tech/ Subscribe to the premium version of this podcast in Apple Podcasts for $4.99/month: https://apple.co/3dix1mC ALL PROCEEDS GO TO WORLD EVANGELISM --- We need five-star reviews! Tell the world what you think about this podcast at: Apple Podcasts: https://apple.co/3dix1mC Podchaser: https://www.podchaser.com/podcasts/vbph-sermon-podcast-43369 Join our bible reading plan: https://bible.com/p/37105438/98d214149e0115fd6b7114ad30095ebf Want to receive text updates from our church? Send the keyword VBPH to 844-990-3380. Please let us know how this message has influenced you by connecting with us using one of these options: Email: pastor@vbph.org Voicemail: https://anchor.fm/vbph-sermons/message Facebook: https://facebook.com/vbph.church Instagram: https://instagram.com/vbph.church Twitter: https://twitter.com/vbph_church Website: https://vbph.church Are you in Hampton Roads and want to visit our church? Come join us IRL: 1045 Lynnhaven Pkwy., Virginia Beach, VA 23452 --- RAISE EVEN MORE FOR WORLD EVANGELISM BY EXPLORING OUR SHOW'S SPONSORS: Try Audible Premium Plus and Get Up to Two Free Audiobooks – https://amzn.to/3l9vPpw Find the perfect freelancer for your project at Fiverr – https://fvrr.co/2Yy97Ql Save and Invest with Acorns. Get $5 bonus investment in five minutes – https://bit.ly/38OZ6QT Get 55% off of QuickBooks for your first three months – https://bit.ly/3A9Kc3P Try Melio: The free bill-paying solution for small businesses & churches – https://bit.ly/2XdVEgc How about a protein bar that actually tastes good? That's Built Bar! – https://bit.ly/3hvTFuH

Listen to the rest of this testimony and support World Evangelism by becoming a subscriber to the DAILY PREMIUM AD-FREE SERMON PODCAST using the links below: Subscribe to the premium podcast for only $3/month at Supercast: https://vbph-sermons.supercast.tech/ Subscribe to the premium version of this podcast in Apple Podcasts for $4.99/month: https://apple.co/3dix1mC ALL PROCEEDS GO TO WORLD EVANGELISM --- We need five-star reviews! Tell the world what you think about this podcast at: Apple Podcasts: https://apple.co/3dix1mC Podchaser: https://www.podchaser.com/podcasts/vbph-sermon-podcast-43369 Join our bible reading plan: https://bible.com/p/37105438/98d214149e0115fd6b7114ad30095ebf Want to receive text updates from our church? Send the keyword VBPH to 844-990-3380. Please let us know how this message has influenced you by connecting with us using one of these options: Email: pastor@vbph.org Voicemail: https://anchor.fm/vbph-sermons/message Facebook: https://facebook.com/vbph.church Instagram: https://instagram.com/vbph.church Twitter: https://twitter.com/vbph_church Website: https://vbph.church Are you in Hampton Roads and want to visit our church? Come join us IRL: 1045 Lynnhaven Pkwy., Virginia Beach, VA 23452 --- RAISE EVEN MORE FOR WORLD EVANGELISM BY EXPLORING OUR SHOW'S SPONSORS: Try Audible Premium Plus and Get Up to Two Free Audiobooks – https://amzn.to/3l9vPpw Find the perfect freelancer for your project at Fiverr – https://fvrr.co/2Yy97Ql Save and Invest with Acorns. Get $5 bonus investment in five minutes – https://bit.ly/38OZ6QT Get 55% off of QuickBooks for your first three months – https://bit.ly/3A9Kc3P Try Melio: The free bill-paying solution for small businesses & churches – https://bit.ly/2XdVEgc How about a protein bar that actually tastes good? That's Built Bar! – https://bit.ly/3hvTFuH

Support World Evangelism by becoming a subscriber to the DAILY PREMIUM AD-FREE SERMON PODCAST using the links below: Subscribe to the premium podcast for only $3/month at Supercast: https://vbph-sermons.supercast.tech/ Subscribe to the premium version of this podcast in Apple Podcasts for $4.99/month: https://apple.co/3dix1mC ALL PROCEEDS GO TO WORLD EVANGELISM --- We need five-star reviews! Tell the world what you think about this podcast at: Apple Podcasts: https://apple.co/3dix1mC Podchaser: https://www.podchaser.com/podcasts/vbph-sermon-podcast-43369 Join our bible reading plan: https://bible.com/p/37105438/98d214149e0115fd6b7114ad30095ebf Want to receive text updates from our church? Send the keyword VBPH to 844-990-3380. Please let us know how this message has influenced you by connecting with us using one of these options: Email: pastor@vbph.org Voicemail: https://anchor.fm/vbph-sermons/message Facebook: https://facebook.com/vbph.church Instagram: https://instagram.com/vbph.church Twitter: https://twitter.com/vbph_church Website: https://vbph.church Are you in Hampton Roads and want to visit our church? Come join us IRL: 1045 Lynnhaven Pkwy., Virginia Beach, VA 23452 --- RAISE EVEN MORE FOR WORLD EVANGELISM BY EXPLORING OUR SHOW'S SPONSORS: Try Audible Premium Plus and Get Up to Two Free Audiobooks – https://amzn.to/3l9vPpw Find the perfect freelancer for your project at Fiverr – https://fvrr.co/2Yy97Ql Save and Invest with Acorns. Get $5 bonus investment in five minutes – https://bit.ly/38OZ6QT Get 55% off of QuickBooks for your first three months – https://bit.ly/3A9Kc3P Try Melio: The free bill-paying solution for small businesses & churches – https://bit.ly/2XdVEgc How about a protein bar that actually tastes good? That's Built Bar! – https://bit.ly/3hvTFuH

I'm wrapping a big project and a big part of that is collecting and reviewing invoices from the crew and other vendors. In this case, there are probably 50 or more invoices, so I see a lot of different things. This goes back to my job job days when I used to oversee the accounting department and knew what drove them crazy. I did my best to be a buffer and that's something I've continued as I work directly with creatives. But it still surprises me how some invoices come in, not just from newer freelancers but from people who are decades into their career. So here are some invoicing tips that will make it easier for people to pay you. And that's what you want, right? You've probably heard me say before that you always want to keep the people paying you happy. Whether it's a small business or a big corporation, each accounting department is going to have its own system and set of rules. This is the one time when I don't think you should assert your boundaries. Whatever they need from you, give it to them. If it means you have to add a couple extra bits of information to your invoice, who cares? If they want to do direct deposit, let them. Any push back on your part flags you as difficult and could cause delayed payments for a number of reasons. That being said, the most important things to keep in mind is being timely, being detailed, and being considerate. Timeliness is important for obvious reasons. The sooner you invoice, the sooner you should get paid. I say should, because we all know that not all companies pay on time, but you never want the cause of the delay. Standard payment terms are typically net 30, meaning you get paid within 30 days from receipt of the invoice. That doesn't mean 30 days from the date of the job or completed work. That's 30 days from the time they receive your invoice. If you take 2 weeks to get around to sending it, don't expect that they're going to turn around payment in 2 weeks. No. That 30-day clock starts the day they have everything they need from you. So get your invoice in quickly. Also, you might not be in a rush for payment for whatever reason, but if the company is trying to close out the job, waiting for your invoice can be a huge hassle for them. I don't know how many times I've had to chase down an invoice, sometimes for weeks. It baffles me every time. I'm trying to give you money, dude. Let me pay you! I get that you're busy and invoicing isn't your favorite thing to do, but there are other people who can't do their jobs until you do it, so stay on their good side and be prompt. Not so prompt that you're invoicing before a job is done, because that can rub people the wrong way, too, but within a day or two is usually greatly appreciated. Details are crucial when it comes to invoicing. Make sure all the information they need is there. A good way to know what they need is to ask them. After you've done all the negotiation and committed to a project, but before it actually starts, ask what information they need on the invoice and to whom it should be sent. They might need a specific job name, job number or PO referenced, so get that information early. If you send it to the wrong person, it could cause delays. If you reach out after the job and have to wait for them to get back to you, it could cause delays. We don't want delays. Double check your information, too. Make sure the line items are correct and the math adds up. If you're using accounting software like Quickbooks, it'll do the math for you, but you still want to be sure everything is accurate. If you're using a Word template or something like that, there is so much room for user error. I am constantly finding invoices that don't add up, have information from a completely different job, and other nonsense that wastes everyone's time. And it doesn't make you look good if they have to reach out and ask you to correct something. A good way to keep an accounting department happy is to send all of your docs in one email with a clear subject title. Send your invoice and any receipts for reimbursement. If you haven't worked with them before, or in the current year, send them a W9. Include your payment options. Or, if they already stipulated how they pay, send the information they requested. Give them everything they need at once and it'll make their lives easier. And the money people do remember who makes their lives easier, and who doesn't. Maybe you don't care about them, but giving them what they need up front means fewer emails for you and often sooner payment, so that makes your life easier too. Speaking of details and making lives easier, make sure to fully read what they send you. Don't ask a question that's already been answered because you didn't bother reading what someone took the time to send you. Be more respectful than that. I say this as someone who sent all of the payment information in a deal memo, plus a separate email specifically about invoicing, and I'd say at least half emailed to the wrong address, didn't include everything, or both. It creates extra work for me, which costs the client more money, and it's extra work for them because now they have to deal with the back and forth that could've easily been prevented. I don't take it personally, and I do what I can to help them, but I tend to be nicer than most and go out of my way more than I would expect someone else to. My last point about details should be obvious, but with what I've seen lately it might not be. Make sure to separate your line items in a way that makes sense. If you worked 10 days at the same rate, you don't need 10 line items, but you should call out the dates in the line item so it's clear. Also, keep separate lines for separate services. Your labor and per diem rate shouldn't be on one line item. Your labor is taxed, but per diem is not. If you put them together, you're putting it on the accounting person to do the work for you and separate everything out. I will do that. Many will not. They'll just put it in as you sent it and then you get taxed on something you shouldn't. Be mindful of accounting categories, which you should have a basic understanding of, especially if you do your own bookkeeping or use accounting software to categorize your expenses. If you're asking for reimbursements for gas and office supplies, you know those are different, so don't lump them together on your invoice and make the accounting person add up the receipts. You won't always know the extent to how they categorize things, but you can use common sense. Also, don't submit for a reimbursement without including the receipt. Some people may be more lax with this, but just like you should have receipts for all of your expenses, your client needs those from you as well. They don't want issues with the IRS any more than you do. And this is a bonus tip just because I think it's important. If you have given a discount on the project, make sure to invoice for your full rate and then add the discount as a separate line item. This is a record of what happened, so if they hire you again and look to see what you billed before, it's clear that you gave them a deal. If you don't call it out separately, they might just think it's your normal rate. It might be someone else you're dealing with who doesn't know the conversations you had with the other person. It's a nice way to protect yourself and remind them that you did them a favor last time but that's not to be expected every time. Most of what I just said also applies to being considerate, which is how you should always be. I should be able to leave it at that, but I'll explain further. Taking the time to do everything right the first time helps the person on the other side do their job better. They don't want to have to chase you down for everything they need any more than you want to spend more time on that project when you've already moved on. Make it easy for everyone. When you're talking to the accounting people, even if your payment is past due, be polite. You're not going to get anywhere by being aggressive or throwing a tantrum. That doesn't make them want to help you. You have every right to want your money and be frustrated that it's not getting to you on time, but the person on the phone probably can't do anything about that. But if you're nice, they'll be more willing to talk to the person who can and try to help you. If your address or other company information has changed, notify them by sending a new W9. Don't just change the address on your invoice and expect them to notice. Once you're in the system, they probably aren't reviewing your contact info to see if anything is new. It's your responsibility to tell them. I see this happen a lot so I thought it was worth mentioning. Lastly, consider your payment options, especially when it comes to credit cards. Many don't like accepting credit cards because of the fees. You typically lose about 3% of the total. I don't like fees either. They are tax deductible, but I like to have all of what I earned. That being said, I do know that accepting credit cards tends to get you paid faster. I have seen this personally and have talked about it with other friends and clients and it seems to consistently be the case. The old school method of writing checks takes time and extra effort. This was the case before, but has become especially true since COVID allowed more people to work from home. Companies don't always have an accounting person physically in the office to print a check and then get someone, who also might not be in the office, to sign it. Then get an envelope and a stamp and put it in the mail. It's a bit archaic. But if you give them a digital option, either ACH or credit card, they just have to enter some details in your system and be on their way. It's much simpler. Also, in bigger companies, the person you're working with directly may have an allowance of sorts and can approve up to a certain amount if paying on a company card. But writing a check takes many layers of approval, which causes those delays we're trying to avoid. Something to think about – are the fees worth getting paid faster? Your call. If you're still with me, thanks for listening. I know invoicing isn't a fun topic, but it's a regular part of running a business and can't really be avoided. But having been on the receiving end for so long, I see all these simple errors that get in the way and I don't like it. So do yourself a favor and stay on top of your invoicing. Be prompt, be detailed, be considerate, make it easy to get paid and enjoy the money you worked so hard to earn.

Support World Evangelism by becoming a subscriber to the DAILY PREMIUM AD-FREE SERMON PODCAST using the links below: Subscribe to the premium podcast for only $3/month at Supercast: https://vbph-sermons.supercast.tech/ Subscribe to the premium version of this podcast in Apple Podcasts for $4.99/month: https://apple.co/3dix1mC ALL PROCEEDS GO TO WORLD EVANGELISM --- We need five-star reviews! Tell the world what you think about this podcast at: Apple Podcasts: https://apple.co/3dix1mC Podchaser: https://www.podchaser.com/podcasts/vbph-sermon-podcast-43369 Join our bible reading plan: https://bible.com/p/37105438/98d214149e0115fd6b7114ad30095ebf Want to receive text updates from our church? Send the keyword VBPH to 844-990-3380. Please let us know how this message has influenced you by connecting with us using one of these options: Email: pastor@vbph.org Voicemail: https://anchor.fm/vbph-sermons/message Facebook: https://facebook.com/vbph.church Instagram: https://instagram.com/vbph.church Twitter: https://twitter.com/vbph_church Website: https://vbph.church Are you in Hampton Roads and want to visit our church? Come join us IRL: 1045 Lynnhaven Pkwy., Virginia Beach, VA 23452 --- RAISE EVEN MORE FOR WORLD EVANGELISM BY EXPLORING OUR SHOW'S SPONSORS: Try Audible Premium Plus and Get Up to Two Free Audiobooks – https://amzn.to/3l9vPpw Find the perfect freelancer for your project at Fiverr – https://fvrr.co/2Yy97Ql Save and Invest with Acorns. Get $5 bonus investment in five minutes – https://bit.ly/38OZ6QT Get 55% off of QuickBooks for your first three months – https://bit.ly/3A9Kc3P Try Melio: The free bill-paying solution for small businesses & churches – https://bit.ly/2XdVEgc How about a protein bar that actually tastes good? That's Built Bar! – https://bit.ly/3hvTFuH

Support World Evangelism by becoming a subscriber to the DAILY PREMIUM AD-FREE SERMON PODCAST using the links below: Subscribe to the premium podcast for only $3/month at Supercast: https://vbph-sermons.supercast.tech/ Subscribe to the premium version of this podcast in Apple Podcasts for $4.99/month: https://apple.co/3dix1mC ALL PROCEEDS GO TO WORLD EVANGELISM --- We need five-star reviews! Tell the world what you think about this podcast at: Apple Podcasts: https://apple.co/3dix1mC Podchaser: https://www.podchaser.com/podcasts/vbph-sermon-podcast-43369 Join our bible reading plan: https://bible.com/p/37105438/98d214149e0115fd6b7114ad30095ebf Want to receive text updates from our church? Send the keyword VBPH to 844-990-3380. Please let us know how this message has influenced you by connecting with us using one of these options: Email: pastor@vbph.org Voicemail: https://anchor.fm/vbph-sermons/message Facebook: https://facebook.com/vbph.church Instagram: https://instagram.com/vbph.church Twitter: https://twitter.com/vbph_church Website: https://vbph.church Are you in Hampton Roads and want to visit our church? Come join us IRL: 1045 Lynnhaven Pkwy., Virginia Beach, VA 23452 --- RAISE EVEN MORE FOR WORLD EVANGELISM BY EXPLORING OUR SHOW'S SPONSORS: Try Audible Premium Plus and Get Up to Two Free Audiobooks – https://amzn.to/3l9vPpw Find the perfect freelancer for your project at Fiverr – https://fvrr.co/2Yy97Ql Save and Invest with Acorns. Get $5 bonus investment in five minutes – https://bit.ly/38OZ6QT Get 55% off of QuickBooks for your first three months – https://bit.ly/3A9Kc3P Try Melio: The free bill-paying solution for small businesses & churches – https://bit.ly/2XdVEgc How about a protein bar that actually tastes good? That's Built Bar! – https://bit.ly/3hvTFuH

Our GuestEvan Goldberg: https://www.linkedin.com/in/evan-netsuite/Need CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow NotesComing soon! Get in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsGo here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

SponsorsRippling: https://cloudaccountingpodcast.promo/ripplingBaCo Tech: https://cloudaccountingpodcast.promo/baco Client Hub: https://cloudaccountingpodcast.promo/clienthubNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow NotesComing soon! Get in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribe Apple Podcasts: http://cloudacctpod.link/ApplePodcasts Podchaser: http://cloudacctpod.link/podchaser Spotify: http://cloudacctpod.link/Spotify Google Play: http://cloudacctpod.link/GooglePlay Stitcher: http://cloudacctpod.link/Stitcher Overcast: http://cloudacctpod.link/Overcast ClassifiedsFuture Firm: https://futurefirmaccelerate.com/Accounting Podcast Network: https://accountingpodcastnetwork.com/Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd  Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the show notes for the link to get more info.Full Transcript Available Upon Request - info@cloudaccountingpodcast.com

Hey Group Practice listeners! New podcast episode out today! In this episode, I'm talking with Wendy Wright about navigating shame around money as a group practice owner. In this episode we cover: Meeting our relationship with money where it is Undoing shame based learning Abundant compassionate curiosity with regards to our financials Exploring your relationship to debt and savings This episode is sponsored by TherapyNotes. TherapyNotes is an EHR software that helps behavioral health professionals manage their practice with confidence and efficiency. I use TherapyNotes in my own group practice and love its amazing support team, billing features, and scheduling capabilities. It serves us well as a large group practice owner. Do you ever wish for a financial therapist who could relieve you from the last few months' bookkeeping, talk you off the edge when you're running into issues with Quickbooks, or help you work through a profit plan for growth? GreenOak Accounting does just that! GreenOak Accounting is an accounting firm that specializes in working with group practices. Their value goes WAY beyond bookkeeping; they can help you get on track for financial success. Schedule a free consultation by going to http://greenoakaccounting.com/tgpe

Do you want to operate your home service business remotely? Softwares like ServiceTitan, Podium, Zapier, Slack, and Zoom are must-haves! The show's guest today is Tersh Blissett, Chief Executive Officer at Service Emperor. Tersh discusses with Josh Crouch that every decision he makes with his team daily is to stay remote. Join in the conversation as Tersh gives valuable automation strategies to make processes seamless. If you want to operate your business remotely, you need to listen to this episode. Tune in!  Love the show? Subscribe, rate, review, and share! servicebusinessmastery.com

What should you do with your Chiefs superstar players now that Kansas City appears destined for mediocrity? What does Khalil Herbert's surprising output mean for his fantasy football stock going forward? Is Ja'Marr Chase headed for the greatest rookie WR season in NFL history? We'll review the game film from Week 7 and weigh in on these issues and dozens more! Guest: Brett Kollmann of the Film Room YouTube channel.   NOTES: Sponsor - Fitbod.me/harris for 25% off your membership for a better kind of personalized fitness training app Sponsor - www.FelixGrayGlasses.com/harris for stylish prescription or non-prescription glasses that will cut down on eye strain from too much screen time Sponsor - www.netsuite.com/harris for CFO tools that will make your business run more effeciently than on Quickbooks or any other software Follow Brett Kollmann - @BrettKollmann Follow our show - @HarrisFootball Become a patron - www.patreon.com/harrisfootball Become a Person of the Book - https://www.amazon.com/Tulsa-Christopher-Harris/dp/0692170138 Watch the YouTube channel - www.youtube.com/harrisfootball Harris Football Yacht Club Dictionary - https://harris-football-yacht-dictionary.fandom.com/wiki/Harris_Football_Yacht_Dictionary_Wiki Join the Harris Football Subreddit - www.reddit.com/r/HarrisFootball   Week 7 Game Film Discussed Today: CIN/BAL WAS/GB DET/LAR PHI/LV KC/TEN CHI/TB IND/SF

In this episode, Managing Director of Sagesse Lumiere, Dr. C. Adam Callery, talks about small In businesses in the wake of the Covid-19 pandemic. Today, Dr. Callery talks about the implications of the pandemic on future business strategies, the importance of agility, and understanding cashflow. How often should a business of any size check their financial status? Hear about some emerging trends, three critical activities for success, how Dr. Callery helps other entrepreneurs, and get his valuable advice, all on today's episode of The Healthy, Wealthy & Smart Podcast.   Key Takeaways “Never confuse faith that you will prevail in the end.” “If you want to be successful moving forward, you have to be ready for these unexpected changes.” “You can't be afraid to act fast, but you don't want to be reckless.” “You have to take a step back sometimes and attack a problem formally.” “I cannot just assume that because my bank account has money in it that I'm actually in a good position.” “You have to position yourself, or maybe carve out specific time, for you to really learn your industry.” “You have to be close enough to the operations to know what's going on.” “It is extremely important, whether you're an existing business owner or a new business owner, to truly understand what cashflow means.” “You can do it. You can actually be an entrepreneur. Just go out and do it.” “Bring people around you who have the knowledge that you need, because you're not going to know everything, and if you adapt that knowledge, you'll be successful.”   More about Dr. Callery Dr. Callery is an entrepreneur and higher education educator. For the past eleven (11) years, Dr. Callery has worked directly with the start-up and emerging business communities at a national level. For ten of the eleven years, Dr. Callery has held the roles as facilitator and trainer for two (2) nationally recognized small business growth programs, the US Small Business Administration's Streetwise MBA Program in Chicago and the Goldman Sachs 10,000 Small Businesses Program. His company, Sagesse Lumiere, a small business coaching and consulting firm, was established seven years ago to complement the work he was doing in these programs. To date, Dr. Callery has advised over one thousand small business founders while participating within the national programs cited above. Dr. Callery, as a coach and consultant, works with small business owners on approaches to effectively build value by deploying new business practices and processes to improve financial performance and operational efficiency. Prior to working with small business owners as a business coach, Dr. Callery worked for several Fortune 1000 companies such as IBM, Dow/Dupont, Pepsi, United Airlines, and First National Bank of Chicago. His broad industry experience has prepared him to be a capable business consultant. Since leaving the corporate arena, he has become a trusted advisor for many small business founders. As a higher education educator, he has served as an Associate Dean for workforce development programs and currently works as a tenured faculty member for Harold Washington College, one of the City Colleges of Chicago. Dr. Callery has earned a Bachelor's in Chemical Engineering from Illinois Institute of Technology; a Master of Business Administration from University of North Carolina, Chapel Hill; and a Doctorate in Higher Education from National Louis University, Chicago.   Suggested Keywords Healthy, Wealthy, Smart, Small Business, COVID-19, Research, Success, Cashflow, Entrepreneurship, Mentorship, Finance   Resources: The Goldman Sachs 10,000 Small Businesses Program WSC1998: AVOIDING THE BLUES FOR AIRLINE TRAVELERS   To learn more, follow Dr. Callery at: Website:          https://sagesselumiere.com Twitter:            @callerysagesse Instagram:       @callery_sagesselumiere LinkedIn:         Dr. C. Adam Callery   Subscribe to Healthy, Wealthy & Smart: Website:                      https://podcast.healthywealthysmart.com Apple Podcasts:          https://podcasts.apple.com/us/podcast/healthy-wealthy-smart/id532717264 Spotify:                        https://open.spotify.com/show/6ELmKwE4mSZXBB8TiQvp73 SoundCloud:               https://soundcloud.com/healthywealthysmart Stitcher:                       https://www.stitcher.com/show/healthy-wealthy-smart iHeart Radio:               https://www.iheart.com/podcast/263-healthy-wealthy-smart-27628927   Read the Full Transcript Here:  00:03 Hi, Dr. Callery. Welcome to the podcast. It's an honor to have you on. So thanks so much for joining me.   00:10 I'm so happy to be here. And so glad you invited me to attend your podcast.   00:14 Oh, this is great. And you know, like I said in the, in the intro, you were our lead instructor for the Goldman Sachs 10,000 Small Business program. So I owe a lot of my being a therapist and having to be a business owner to now being a business owner who happens to be a therapist to you and the rest of the staff and business advisors. It was really life changing. So thank you so much.   00:40 Well, I think I thank you for being a participant in the program. It's a hard program, we asked a lot of you for an extended period of time. And I have to say, I cannot do it solely by myself. It really is just a good strong team that covers so many different areas of business management that's needed for most small business owners. So I'm just having to have good people around me, that helps make the process very smooth.   01:05 Yeah, absolutely. And today, we are going to talk about sort of small business owners, and the effects of COVID-19, which we have been in for the last 18 months and doesn't look like it's ending anytime soon. But we are back to work. There are mitigation factors in place. But now, how do we position ourselves for the long term in this new world? So my question is, what are some of the lessons you have learned over the past 18 months? And what are the implications for your future business strategies?   01:50 Well, I think that's a great question. Because myself, I'm also a business owner, I am a small business coach. And I would have to say for the last 18 months, that's been a question that's been raised many times, I can think back to March, when we first moved into COVID. Everything shut down. And to be honest, it seemed very dark at that time. And then for the next three to four months, I was working with a lot of small business owners, and we were having those discussions, what are what's next, you know, how do I get out of this. And in fact, if you started to look at the newspaper, you'll see headlines saying this is the worst crisis since the depression or behind closed doors, there's calamity. And when you read those phrases, it actually diminishes your ability to be a leader, and organizer of your business. And so what I had to do as a coach started having different discussions and say, we must look forward. And the way I did that was having a time with individuals to stop and say, Hey, if we take a look at the Great Depression, or the great recession of 2008, those same phrases were being said then, yet, we were still standing in 2020. So we have to believe that we're going to pass through this period as well. And so the discussion became, how do we do that, and in most cases, and then bring back or I should say, shorten your horizon from looking out two to three years, to just make it now bring it down to three months down the six months, make it manageable, it was easier for you to see out three months, it's easier for to see how six months, and then just be very tactical. And so during that last quarter of 2020, through the beginning of the initiation of 2021, many of the conversations with business owners have centered on that, how can we focus on some short tactical goals that keep the lights on, they keep my current employees satisfied, so they stay with me to make sure the customers I do have still like the services are providing or the product that they're buying from us. Therefore, we have to maintain the same level of quality. So just being very tactical that way. And then hopefully, when we're on the other side, we can then return to a posture where we're thinking longer term.   04:06 And all that, to me just sounds like a small business owners that we have to be really agile, and we have to be able to pivot. And so can you speak to a little bit more about agility as a business owner, and how we can foster that if it's something that we're not used to?   04:28 Well, agility, you know, it's a strong word, right? So it means that we're flexible. But again, coming through this COVID period, it didn't seem like flexibility existed. Everywhere I turned, something was shutting down. So I've seen closer to the end, then something that was gonna be an opportunity in the future. And I came across a quote, it came out of the book called Good to Great. That was written in 2001. And I wrote it down someone just read it verbatim because it's a unique quote, but I think it addresses issue. It says never confused. That you will prevail in the end. So that saying this thing of, I have faith that I'm going to win, I have faith that my business is going to win, it's going to be successful, and I'm gonna make a lot of money from it, or I'm going to be fame, I'm going to become famous from it, you have this faith, you got to have this confidence, that's probably a better word, I got to have the confidence that I will make it through. But here's what the rest of the quote says it says, I can never lose that confidence. However, I must have the discipline to confront the most brutal acts of your current reality. So the current reality of 2020 was, everybody's impacted at the same time, my competitors, my peers, people across the ocean, everyone is getting hit with this calamity. So now I have to think out of the box, and I also have to think very practically, so that's where the agility comes in, I didn't have a lot of time to wait six months to see if it's gonna work, because I may not be here. So I may have to take some cost cutting measures that are going to be very draconian, but necessary, I may have to talk to my staff and negotiate with them, and maybe get them to take a cut and pay, letting them know I'm trying to keep everyone alive here, I may have to talk to my customers in a different way and find out, are you still here? You know, are you still viable, because my customer is also impacted by this. So then I can sort of forecast what my sales potential could be. Because many of the customers went out of business for many of my clients. So agility means that you are being sorry, that you're focusing on today. And you're being very practical, very tactical, you're using your experiences, from your I should say, your past experiences as a business leader, and a business owner. But you also are willing, and here's the key, you are willing to take in advice from subject matter experts who are in your industry, and also outside your industry to help you navigate this because this was so unknown, a lot of unknown territory that we were crossing through.   06:55 Absolutely. And I would also think that in that time, I'll use the example of the physical therapy profession, but kind of acknowledge acknowledging emerging trends during this time. So for the physical therapy world, certainly here in New York City, we were close, literally shut down ghost town from March to almost June or July of 2020. So what do you have to do to keep things going? So the emerging trend was telehealth? Yeah, telehealth has been a trend and it has been coming up and coming up. But I think as a PT, if you didn't acknowledge that that trend existed, and didn't hug that trend, like it's your best friend, you you were in trouble, right? So what other kinds of trends Did you see within the small business world that people had to acknowledge and embrace in order to not only bring them through 2020. But I'm sure a lot of those trends have continued well into this year.   07:56 I agree 100%, the hardest trend, and I don't know if I can call it a trend, that's probably more of an action, the action that I may have to return to what I was before. And what I mean by that is, maybe we're a sizable business, you had 50 employees, or maybe employees and contractors working for you that accounted for about 50 people that you're responsible for, had a fairly good customer base that you're working with COVID hits and everything shuts down. Now, you may have to go back to what you were three years earlier, that's when you started the business where you were a smaller company, not as nimble because you were smaller, but you were very focused and very targeted. And that was the trend, I was saying that people say I'm at the roll back to where I was before. And that by rolling back doesn't mean I'm failed, which is another trend element. It doesn't mean I'm failing, it means I had to adjust, you know. So it's realizing that businesses aren't always going to go up with hockey stick and grow, grow, grow, grow without interruption, that there will be these troughs. And if I hit a trough, I may have to back up a little bit. In this case, people have to back up a lot. A great example of that would be the restaurant community. Here in Chicago, I've seen it all over where people physically had to change the menu, they may have 30 items on the menu. And they just took duct tape and started covering over things and reduce the menu down to something that they could manage based on staff based on a cost of the ingredients based on just pure demand, because now they're doing just takeout services, no longer doing to sit in services. why they do that, because I have to still pay the rent, I still have to pay some utilities, I still have to pay something. So I have to have some money coming in. And I want to be here for the next day. So I may have to swallow deeply. And Take another deep breath and say I have to go back to where I was maybe when I started the business so I can survive this period not knowing if you remember not knowing back in April, how long is this going to go? Because the predictions were two months, six months, two years, five years. Nobody knew. So You had to be very specific and very intentional about how far you will go back in time in order to survive and be here for the future.   10:09 Yeah, I mean, gosh, back in March, when New York City shut down, I was like, ah, six or eight weeks, we'll   10:15 be back up and running. Let's see, 18 months later,   10:21 not quite back to where we were. But getting closer. But to your point, yeah, I thought it would just be like six or eight weeks. And this will be a little adjustment that I'd have to make in my business. But it, it actually turned into a long term adjustment that I love. And I'm glad now that it's part of my business. So that ability to pivot quickly actually turned into a big positive for my company, because now I can actually see more people because I don't have to see them in person.   10:51 I agree. I agree. And I stole something else out to you. It's not so much of a trend, but it's probably a revelation. So we know a lot of business owners have different backgrounds, and they come from different walks of life. And so if we put an academic hat on, we have individuals coming out of MBA programs, and they have knowledge around business. The key is what does an MBA program teach? What MBA program teaches is that you need to go out and look at the environment that you're in. So that means you research on what some of these latest trends are. When we have a situation like COVID, I know many business owners typically don't worry about what the trends are, they worry more about what's going on in their daily environment in their community, and their marketplace, and they're just focused on can I sell something tomorrow, I think COVID has opened up a new reality that if you want to be successful moving forward, you have to be ready for these unexpected change as well. How can I reduce the number of unexpected changes, I start to do some research, I start to do some reading in my industry and also outside of my industry. So I can see those trends that you were talking about earlier. So telemarketing has been or tele health rather, has been around for a long time. People talk about it, but it wasn't economically feasible. Then when I need it, those who knew about it jumped on it. So but I had to know about it, I needed to have that information. So this is an important time as business leaders now to say, what else do I need to know? Do I need to join my industry associations? Do I need to go out and and go to conferences, go to particular training programs, where I can start to learn about what is going on around me so I can be better equipped for the next situation may not be a pandemic? Or it could be droughts, if you're out west? Who knows? It's going to be something so how can I be prepared for the next something?   12:39 Yeah, because you know, something that you had brought that you brought up in our kind of communication before we recorded this is and I like this phrase you put in quotations, you can't be afraid to act fast. But you don't want to be reckless. Yes, yeah, right. And so by doing the research, you can act quickly, and not in a reckless manner. Because you know where you are, you know, what the industry is holding, and you've got that research. So you can act quickly with authority. And with some sense of operation.   13:15 I agree. And ask where, you know, we want to say, you want to be intentional. And that's what that word really means. And especially when we're in our programs, we use that word a lot. But it's good to unpack it. So you just mentioned and that reckless, and I'm not trying to be strong willed. So when I'm talking to my employees, I'm trying to hit them over here with a club, but I'm intentional. So I have I know where I want to go, I've taken the time to do some research. So I've set a goal in mind, I've also decided on a path that we can take, but I'm also willing to ask around to see if that's the best path. So that's where I'm not being reckless, I'll go ahead and qualify it by talking to other subject matter experts, talk to other people in the industry and say, This is what I want to do based on my capabilities. What do you guys think? What do you people think? And that can help me then to minimize risk? Because we'll never eliminate it. We're just trying to minimize risk. So we can be successful.   14:10 Absolutely. And so now, we've we've sort of identified research we have we spoke to people, we got advice. Now we want to move forward. So we need some sort of formal operations. So these operations, as you said, they kind of revolve around three critical activities. So can you share with the listeners what those critical activities are, to make that those formal operations successful?   14:38 So I can that'd be beautiful. We've met through the Goldman Sachs program and what I've learned over the last 10 years in that program, is that you have to take a step back sometimes and attack a problem formally. And so we start off with the purpose, what is your business purpose? And what that means, of course, is what do you think? to do in your marketplace, who you're trying to sell to, why you're doing it, why are you actually involved in this work? The second thing we try to do is examine how we actually do the work. And this is the operational piece. So how do we actually do the work? How do we earn our revenues? How do we manage our team? How do we actually produce the product or service? Are we doing it efficiently? And then the last piece I call her reflection, but that's the research piece. I've been doing this for five years, I've been doing it for 10 years, is this the best way to do it now, based on the changes in the business environment, changes in government regulations, changes in social trends, changes in the number of competitors, or the type of competitors that so the three pieces are looking at my purpose? Why did I get into this business? Why do I want to do this or continue to do this kind of work, I look at my model my business model in general, and think about how I currently conduct business and see there's a better way I can do it more efficiently, more effectively. And then last but not least, I have this reflection or research activity that I do continuously continuous learning to make sure I understand my marketplace, understand my industry, understand what's happening with competitors around me also start to probe and find out are my customers still satisfied with what I'm doing? And if not, what do I need to do to reach them?   16:21 Yeah, and I'm glad that you said that you're continuously looking at this, because this isn't something that you do when you start your business, you assess your purpose, your model and solutions and reflect. It's not like you just do it once. Yes. Like how often would you say do you recommend even the business owners that you work with, kind of go through these three critical activities?   16:47 Well, I think we can take the model from the corporates. Now you understand corporations are huge, billion dollar places, but they are billion dollar places for a reason. And that is because they do take the time to annually look at what they do, and assess whether or not is making sense. So if I was any business owner, I don't care what size you are, I would make it a point to say maybe in the fall, that November period, Christmas period, when it's kind of quiet, people focused on vacation or focus on the holidays, you take that time, sit down with your management team and say, hey, let's think about how our last year went. Is there something that we want to do better, right doesn't mean that you did anything wrong? Is there something that I can improve upon? Or are there some new things coming down the pipeline that I need to be aware of, or we'd need to be aware of, that we need to plan for starting in January. So doing an annually isn't a bad practice. And if you do it formally, and you do it every year, it just becomes part of your routine. And you'll start to think about the questions you want to ask each other during those sessions. And you'll be able to flesh out what is happening with the business. In fact, you probably want to go ahead and bring in some of your key employees that sit them around a table, get some insight from them on what they're experiencing, when you're engaging your clients, when they're engaging your suppliers, or if what they see, in general, they may see some things in the market that you have missed. And it's a good time to sit back and get their feedback as well.   18:16 And how often would you say suggest to a business owner small of any size, but let's say a small business owner, to really look at the financials of their business once a quarter every month, every week, every night before you go to bed? Like is there overkill? Or? Or what? What are your thoughts on that?   18:40 That's a tough question is a tough question, right? Because Is there any should you have any limit on when you look at your numbers, because for instance, everybody will tell you, you need to know your numbers. So if I'm sitting in front of an investor, or a banker, they're going to say you need to know your numbers. But I guess the question is, what are they really asking me? They're probably just asking, do you know enough about your numbers to tell me whether or not you're profitable? That's really the question they want to know. And they want you to be able to tell them that, tell them you're profitable in a confident manner. And they can easily see if you're sort of dancing around the question, right? Because you really don't know your numbers today. They can sense that in the way you respond, your eye contact, and so on. So to your direct question, how often should I look, if I put on my accounting hat, we typically look once a month. So every month we take a step back, and we see how the business is performing financially. In order to do that, we probably need to have some type of system in place. That could be a QuickBooks system, or it could be a cell spreadsheet. It depends on the complexity of your business. And that's when we have to define a small business. So small business can be defined as any business with less than 500 employees. That's a big business. But let's say I'm a mom and pop I have less than 10 employees. In fact, I am the key employee and everyone else is a contractor. If I'm that size, once a month is probably still appropriate, I need to take the time to stop. And look, I cannot just assume that because my bank account has money in it, that I'm actually in a good position. So if I take the time, look at it once a month, that's probably enough. The furthest I would like to go out is probably three months, you know, quarterly, but want to go beyond that. Because a lot can happen to a business in two days, let alone in 90 days. And if I'm not keeping track of my numbers, I may find myself in a very dire cashflow position, and maybe find myself going out of business fairly quickly.   20:42 Yeah, excellent advice. Excellent advice. Thank you for that. And you know, as we start to wrap things up, what would be if you could give one or two pieces of advice to let's say, a new small business owner, so their business is less than a year old? What is your best advice for those business owners?   21:04 I think it's extremely important for the person just getting started to do some of the things we're talking about earlier, you have to position yourself or maybe carve out specific time for you to really learn your industry. So that could mean joining an industry association, going to those industry association meetings. So that's gonna take time, read some of their white papers that they generate about your industry. So for instance, I was at one time I was looking at buying a limo service, I love this guy service used to take me to the airport all the time, all his drivers were professional, his cars were clean, well maintained. And all I knew about the business at the time was the fact he took me in a limo to the airport. But that's not knowing the business. So I went ahead, I contacted limo Association, they sent out to me information on the business, you know, on the industry, the cost factors, the maintenance issues, some of the trends in the industry. After reading all those materials, and learning that it was a very highly capitalized business, I realized that it wasn't for me, at that time, still like the business. But I knew I was not in a position where I had enough capital to keep the cars up to spec to meet the requirements of running a limo business. So if I'm starting a business, whatever it is, I need to know as much as possible about that industry and the business model itself. How's the business make money? What are the cost factors? What are the what are the cost influencers, I need to know that like the back of my hand, then when I'm running the business on a day to day, I need to be in the business to see how it really operates. I've met some people that have started a business. And I've started another one that started know when I started another one. And I now ask them I said, Well, how do you possibly run three businesses at the same time? Well, I got people working for me. And what comes to mind is something someone told me many years ago, is that you have to smell the people. And what this is gain from Business School, and the professor was saying, you have to be close enough to the operations to know what's going on. And if you're too far away from it, there's too many things that can happen to the operations that will shut you down. And so if you're just getting started, your focus needs to be in the business and getting the business to a place where it's stable, and is sustainable. That usually means creating cash reserves, that usually means bringing in solid employees, it usually means having a great understanding of your customers so that you know you have returning customers that'll help keep the business afloat.   23:42 Excellent. Thank you so much. I know a lot of people that listen to this podcast or maybe budding entrepreneurs, they've been in business for maybe a year or two. So I think that advice is really great for that group. Now, is there anything have we not covered something that you were like, I want to hit this point during this podcast?   24:02 I think it's important, we haven't used that key phrase. And that's cash flow. It is extremely important whether you are a existing business owner, or a new business owner to truly understand what cash flow means. And so when we talk about cash flow, what it means in general, is that we're talking about the money that's coming in. And that's where most people focus is, Hey, I'm making revenues, things are going well. But you can't just stop there, you got to think about the cash outflow. And people say I write the checks every day, I know how much money is going out. The third piece is timing. You have to think about when the money has to be paid out. When does that liability has to be paid out, and whether or not I'm going to have enough cash on hand to pay it on time. Because once I default on that payment, I'm now in trouble. The bank is knocking at the door. My creditors are knocking at the door, my investors are knocking at the door and I'm going to have problems paying my employees so on and so on. So cash flow is very important. And it's important from the standpoint of you have to truly understand the definition of it. And what it means is inflow is outflow. And it's also timing. When is the money coming in to pay those current debts that I have? Will I run into a situation where I don't have enough coming in to pay those debts? And if I do, what am I going to do about it? Am I going to reach into my personal account and pay it? Am I going to run down to the bank and ask for a line of credit? Do I need to run out and find investors? Who can give me additional cash to help me close that gap? So cash flow is critical?   25:36 Yeah. And I think, as you were saying that the thing that popped into my mind is, ooh, this is why Ponzi schemes ultimately fail.   25:44 Yes, yes. Because the money stops coming in. And their commitments outweigh our Yeah, extend beyond the, the amount of money that's coming in.   25:54 Right. Right. Yeah, that is why a Ponzi scheme fails. And, and I agree that cash flow is so important. And it's something that I didn't really wrap my head around fully until the Goldman Sachs program. You know, I knew like, yeah, money's coming in. But once I started doing cash flow statements, I was like, Ah, okay, yeah. Now I got it. No, I know, I can now I understand this as, as one of the three sisters, you know, your cash flow statement, your balance sheet, and your income statement.   26:32 Exactly, exactly. And it's the cash flow statement, and we never talk about, you talk about it. If you again, be school, we talk about all the time, but most people just stop at the income statement. In particular, they stop at the income side, then when you introduce the balance sheet, I don't see why I really need it. I don't have any assets. But they don't combine the two to come up with the cash flow. And that's what you really want.   26:53 Yeah, yeah. Excellent. All right. Now, where can actually let's talk before we before I asked, Where can people find you? Why don't you talk a little bit more about your business? And how you help other entrepreneurs, your coaching business and what you do to help entrepreneurs?   27:12 Well, what I do is I focus in the business development area, as well as the operations or organizational development area. And what does that mean? So I come in as a business coach, not as a consultant, I sit down with my clients, and we have discussion. So it's like we're doing now and we focus on the issues that are facing them. So in a business development side, for instance, such as a marketing issue, we're not talking about social media, what we're talking about is more around a target market. Have they identified the right persons, or the right audience? When it comes to marketing? Also, you got to think about the delivery of the product and service. Are there some challenges in terms of quality, some challenges in terms of delivery, that they're facing? And then we start to peel back a little bit? And this is where we get into the operations? Why are you having those challenges? Is it a capability issue is a capacity issue, these things have to be fixed, or the marketing, social media really won't matter? So I focus on a business development sort of working backwards? What are you trying to sell? What are you servicing? How are you working with your clients? And what are your business capabilities, what is what is your business capacity, in order to essentially achieve the goals that you've set for the business or to meet your current demand for your customers, those are all very important pieces, because most businesses will suffer or in a trough when they get to that third and fifth year when they try to scale up. And they always find, hey, I have this resource deficit. And I usually think it's money but it's not so much money, it's really capacity and capability, they may not have the right people on hand, they may not have the skill themselves in order to scale up and they need to go back, build up those skills so that they can grow. And that's where the coaching comes in and sort of help the build up those skills.   28:57 Awesome. Now where can people find you?   29:00 Well, they can find me right on the internet. I have a website out there, my, my company has a very unique names, it's called suggests luminaire and will suggest and stores wisdom, and then luminaires light. And so right out there on the internet, I have a web page where you can contact me through that or you can come back contact me through LinkedIn. So I do have a LinkedIn profile out there. That's probably the best way most people will contact me through LinkedIn. And then we'll set up an appointment and we go from there.   29:29 Perfect and we will have direct links to all of that at podcast at healthy wealthy, smart, calm and the Show Notes for this episode, so don't worry if you didn't have a pen you can take it down. totally get it we will have one click direct links to all of that. And now, Dr. calorie for the last question, which is a question I asked everyone, knowing where you are now in your life and in your business, what advice would you give to your younger self   29:57 so what I would tell my younger self I'm fully invested in entrepreneurship, I would tell my younger self is that you can do it, you can actually be an entrepreneur. To be honest, when I came out of school or coming came out of undergraduate, my mind wasn't there, my mind was I had to go through this career track, because that's the only possibility that entrepreneur thing, or that small business thing was just too far out there. You have to literally be born into it. It has to be a legacy relationship in order to start a business. Today, I recognize after meeting so many people in this space, that's really not it is really tied to have any interest. People use the word passion, but I go beyond the same passion, you really have that ambition that you're willing to give all in order to accomplish this. And so I would tell my younger self, that you do have that ability, you do have that ambition, just go out and do it. Bring people around you who have the knowledge that you need, because you're not gonna know everything. And if you adapt that knowledge, you'll be successful.   31:03 And I think that's great advice. And especially for a lot of the physical therapists who listen to this podcast, because so often we graduate, and we think, well, I'll work at a clinic, I'll work at a hospital, I'll do that for 40 years, and then I'll retire. You know, it's like, it's never it. Because in school, we're not really given any entrepreneurial mentorship or classes, you really have to seek it out on your own. And so I think that's great advice for any students listening or newer graduates, who think, Well, my mom wasn't wasn't an entrepreneur, my dad or I don't, I don't have any real role models in my immediate family, but that you can do it if you surround yourself with the right people, and you have the ambition and passion to do it. So I think that is excellent advice. So thank you for that. Well, and thank you again, for coming on the podcast and for being a great instructor in the Goldman Sachs 10,000 Small Business program, I can put a link up to that too, if people are interested in learning more about the program because it is a life changing program. It was for me and I'm sure as an instructor, it must have been for you as well.   32:13 Oh, it hasn't. It hasn't, I have to say, I never, I never thought I'd have this experience. It's been now going into my 11th year and I've actually set before 1000 business owners never thought that could happen in my wildest dreams and having the ability to have conversations like we're having now. Again, it's opened up my mind to say the The possibilities are limitless in this country when it comes to being able to create something that you want to create. And that's the beauty of it. So it's it's a fantastic opportunity. Fantastic country fantastic. Time, even though it's difficult time, it's a fantastic time to to do something that you want to do.   32:57 Excellent. And on that note, I will wrap things up by saying thank you again and thank you to all of the listeners for tuning in today. Have a great couple of days and stay healthy, wealthy and smart.

Michelle Gomez [Green Wing, Doctor Who, The Flight Attendant] is Anna's co-host for the day. After getting to know each other, Anna and Michelle talk with listeners and offer their best Unqualified advice. Their first conversation is with a young woman who questions her fiancé's reluctance to add her name to the title of their new house. They then talk with a listener who recently met the love of his life but his financial situation leaves him feeling insecure and unable to put a ring on it.Order Dealbreakers now. On sale wherever books are sold.McDonald's Wherever your local McDonald's is, there's nothing better than that wonderful feeling of community… well, maybe that great feeling is tied with eating a Big Mac. McDonald's – I'm Lovin' It.Mosie Baby Mosie Baby Mosie Baby has helped thousands of families inseminate safely, comfortably, and effectively at home with the Mosie Kit. Ready to make a baby? Visit mosiebaby.com/anna to get 15% off your first Mosie Baby purchase. Peacock Five students walk into detention and only four walk out alive. Follow the story based on the #1 New York Times bestseller One of Us Is Lying, now a new Peacock Original. Streaming now only on Peacock. Go to PeacockTV.com to get started.Intuit Unqualified is brought to you by Intuit, powering products like TurboTax, QuickBooks, Mint, and Credit Karma. Intuit works for what you work for. Discover how Intuit's innovative products can help you see what's possible at intuit.com.BetterHelp BetterHelp is customized online therapy that offers video, phone and even live chat sessions with your therapist, so you don't have to see anyone on camera if you don't want to. It's much more affordable than in-person therapy and you can start communicating with your therapist in under 48 hours. UNQUALIFIED listeners get 10% off their first month at BetterHelp.com/FARIS.Instagram @UnqualifiedTwitter @UnqualifiedFacebook @Anna Faris is UnqualifiedMusic by: Mondo Cozmo @mondocozmoProducers: Michael Barrett, Rob Holysz, Jeph Porter, Kasper SelvigResearcher: Margot BarrettProduction Services: Rabbit Grin Productions rabbitgrinproductions.comDistributed by: Simplecast