Time tracking is a subject that causes many a manager’s eyes to roll. The concern is understandable. Most of us have experienced the negative consequences that occur when bad time tracking practices are employed. Time tracking can be a major headache, if you get too granular and it can make employees feel like “the man” is [...]
Entries Tagged as 'Business Management'
Time Tracking: Necessary and Not So Evil
February 16th, 2010 No Comments
Tags: time management · time tracking
8 Reasons Time Tracking is Good
June 16th, 2009 2 Comments
No one likes tracking their time, but it is important, even if you bill on a fixed fee basis. Here’s why…
It allows project costing of your fixed fee projects which can help you stay on budget and profitable.
It gives you the information you need to price future projects.
You’ll know how much time and money [...]
Tags: time management · time tracking · work in process
Productivity: A Lesson in “Focus” from the 2nd Grade
May 4th, 2009 Comments Off
If you have spent much time with 2nd grade boys, you’ll know that productivity and focus are not things they excel in naturally. My son is in the 2nd grade; I know them well. (Note: I know girls exhibit these traits too, it just seems really pronounced in 2nd grade boys)
My son is constantly [...]
Tags: productivity · time management
Mac Love…yes, even for accounting!
April 6th, 2009 Comments Off
I’ve been supporting the accounting needs of mac users for quite some time. Until last week, I was using my mac mini to help those clients. I foolishly bought a mac mini because I already had a pc laptop and, like it or not, most accounting is done on the pc platform. And [...]
Tags: AccountEdge · Mac · MYOB · QuickBooks for Mac · QuickBooks Online
How FreshBooks Can Make Your Business Life Easier
March 3rd, 2009 Comments Off
FreshBooks® is an online invoicing system made for small businesses. I’ve been using FreshBooks for 8 months and I LOVE it. It really can make your business life easier.
I work with small business owners to help them get their accounts receivable under control. Very often, there is a stack of past due accounts receivable. [...]
Tags: accounts receivable · collections · freshbooks · invoicing · QuickBooks
The #1 Way to Get Paid Faster & Increase Cash Flow
February 13th, 2009 Comments Off
Here it is, are you ready? The number 1 way to get paid faster and increase your cash flow is VERY simple. INVOICE your clients! On time, accurately, and with all of the information they require. That’s it.
I cannot tell you how often I see businesses that are really struggling with cash flow, but they [...]
Tags: cash flow · cashflow · getting paid
Cash Flow Management Strategies
February 7th, 2009 Comments Off
I’ve fallen behind on my blog posting (AGAIN!), but with good cause. I’ve been using my writing time to develop an ebook.
My new book “Cash is Cash: Strategies to Keep the Cash Flowing” is now available and it’s FREE. Go get it at: creativebusinesscashflow.com.
The book is less than 20 pages, but is jam packed with [...]
Tags: business cash management · cash flow · cash management · cashflow · small business cash flow
Designing Employee Bonus Programs (that work!)
January 13th, 2009 Comments Off
I think employee bonus programs are fantastic and every business should have one. I also think poorly designed bonus programs are bad for business. What I see, more often than not, are discretionary bonuses that are paid annually, usually around Christmas.
Here’s the main thing I cannot stand about the traditional Christmas bonus program: Employees who [...]
Tags: employee bonuses · Human Resources · Payroll

