How to Make Accountability Work
Every successful business owner needs accountability for the sake of their business. Entrepreneurs are excellent in running their day-to-day businesses, but some need more accountability to meet internal deadlines and long-term goals. Your Favorite Orange County Bookkeeper has some suggestions on how you can increase your accountability. Setting Goals and Deadlines The first step to…
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Your Favorite Orange County Bookkeeper with Your Mid-Year Review
Can you believe that almost half of 2022 is gone already? That means it’s a great time to take stock of how your business has done for the first half of 2022 so that you can meet your financial goals for the entire year. Your Favorite Orange County Bookkeeper is here to help! On Track…
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How a Loan Affects Your Financial Statements
Getting your business loan can be an exciting step in the growth of your business. Recording your loan properly in your accounting system usually requires special handling by your accountant or bookkeeper. Your favorite Orange County Bookkeeper has some great notes about loans to share with you. Your loan statement will provide the information you…
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How to Write a Refund Policy
A refund policy defines the processes and rules for when customers want their money back and want to return the products or services they purchased from you. It’s often required by your credit card or shopping cart company as part of maintaining PCI (Payment Card Industry) compliance. Plus, it’s just a good business practice to…
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How to Keep Your Customers Coming Back
Measuring and encouraging customer retention is important for businesses in many industries. There are a few great measures to see how you are doing in this area. Your Favorite Orange County Bookkeeper is here to provide some tactical tips for keeping customers coming back! Measuring Customer Retention The most common metric to measure customer retention…
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Online Payment Systems: They Are Not All the Same
Collecting money from customers is a key function in any business, and the more automated this process is, the easier it is to collect many payments. The payment function varies by type of business, but more and more, there are online options available for collecting money over the internet. Here are a few tips from…
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7 Ways to Revive Your Entrepreneurial Passion
Most entrepreneurs would agree that owning a business is an incredible privilege, and they would likely never want to go back to working for someone else. However, we all have our days! And sometimes those rough days can turn into weeks. When we’ve temporarily lost a little bit of our entrepreneurial passion, how can we…
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Test Your Financial Resilience
There’s more to being financially resilient than simply saving enough money for a rainy day. A part of being financially responsible is maintaining good financial records – and making sure people who need access to your records know where to find them if something happens to you. Your Favorite Orange County Bookkeeper is here with…
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Protecting Your Business from Supply Chain Shortages
The past few years have seen major kinks in the supply chain due to a number of reasons: aberrant buyer behavior, source material scarcity, government shutdowns, and worker shortages, to name a few. What can a business owner do to protect their businesses from shortages and therefore, revenue loss? Your favorite Orange County Bookkeeper has…
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