CrackerJack Accounting

Budgets are being slashed, small businesses are having difficulty surviving, and it’s that time of year when raises and bonuses are decided at many companies.  These days it seems most employees should just consider themselves lucky if they have a job, never mind actually getting a raise or a bonus.
Wise business owners know that keeping [...]

I haven’t posted in quite some time.  I’ve changed my business focus to coaching/consulting, taken a vacation to Mexico, and baked a ton of Christmas goodies with my kids.  In short, I’ve spent a lot of time thinking about my work/life balance, goals, and as Michael Gerber says it, my “primary aim”.
In “The E-Myth Revised”, [...]

I’m getting on my soapbox today.  Today, I’m going to share one my pet peeves (pun intended) and why it’s necessary to “eat your own dog food“.
I have seen several website and graphic designers with business names, websites, logos, etc that are not creative.  Recently, I was visiting once such website that was very “minimalist”.  There were a [...]

I’m an honest person. Ask anyone who knows me to use two words to describe me and chances are they’ll be “direct and honest”. My former boss added loyal to the description (I suppose I am, but that sounds like I’m a dog!)
Over the summer, I spent a good amount of time working with Karrie [...]

I was passing by the television last evening where my hubby was watching “The Big Idea“. I stopped to see who was on and what they were talking about and what I heard astounded me.
Jim Cramer was on talking about the current state of the economy. He said that small business owners should swallow their [...]

 
Ask any accountant and they’ll spout off the balance sheet equation (Assets = Liabilities + Owner’s Equity).  Ask most everyone else, and they’ll either look at you blankly or have a hard time remembering what goes where in that equation.  It’s simple, really, if you just picture it.

Unfortunately, I’ve worked with many business owners who were victims of embezzlement prior to my engagement with them.  It’s really not all that uncommon.  Why?  Because we want to trust our employees.
I’m not saying your employees aren’t trustworthy; I don’t know them.  What I can tell you is that’s always the story I hear.  “I [...]

I really don’t want to be a banker and I’m guessing you don’t either. The harsh reality is that any business with accounts receivable is acting as a banker.
With the current economy and banking situation, it’s important to realize that you are a banker…and you should act like one. In times when banks are failing [...]