How To Set Up A PayPal Account in QuickBooks

August 13, 2010

This video shows you: How to set up your PayPal account in QuickBooks. How to apply PayPal payments to customer invoices. How to record PayPal fees. How to record payments from your PayPal account to vendors. How to record deposits into your checking account from PayPal.

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Is your business over weight?

July 13, 2010

It’s common for small business owners to measure their financial health based on their income statement or bank account balance and deem their business “fit” if the bottom line looks good.  To reveal why this approach can be deceptive, let’s apply a dieting metaphor. Only looking at the bottom line is the equivalent of “sucking [...]

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Are you GIVING sales to your competitors?

June 21, 2010

I have recently acquired a new hobby. I bought a glass kiln and I’m experimenting with fusing glass. On Saturday, I went to the local glass shop with the intent of purchasing a mold to slump a vase. I walked in the door and was immediately greeted by the owners who asked what I was [...]

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Don’t Pretend to Know It All

June 17, 2010

I was talking with my daughter today and she declared her math paper was “chop filled” with information. I asked her if she meant “chock-full”. She replied: “No, kids in my class say chop filled. It’s chop filled, mom.” I could almost hear the “duh” behind her response. Are you chop filled with with information [...]

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What Book Has Been Essential To Your Business Success?

June 8, 2010

I recently began attending a peer group.  The question for our meeting this week is: What book or resource has been essential to your business success? Interesting question.  The word business in the question automatically sends me down the business book path.  There are a lot of great business books, but have any of them [...]

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Free Webinar June 9th: Beyond the Bank Balance

June 4, 2010

Do you manage your business by the bank balance? Many busy entrepreneurs do but what we know is that managing your business by your checkbook is like managing your personal health by the scale. While the number on the scale is a helpful indicator, it certainly doesn’t mean you’ll get a clean bill of health [...]

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Redefining Work (and the power of mom guilt)

June 1, 2010

I have a confession to make.  I constantly struggle with work-life balance.  Like many of my clients, I also find it hard sometimes to work on my business instead of in my business. I was raised in Michigan with the good old farm work ethic.  We work hard, we work long hours and we don’t [...]

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Pitfalls of Managing your Business by Your Bank Balance

May 13, 2010

In this article, we’ll explore some ways that business owners manage by bank balance, the problems associated with these practices, and some alternatives that will help you stay in great financial shape.

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