Business Planning

What to Do When an Employee Is Terminated? From Your Favorite Orange County Bookkeepers

By Patty Hansen | Sep 23, 2020

Every company should have a strict process to follow when an employee leaves the company, no matter what type of termination it is – voluntary or involuntary. Your favorite Orange County bookkeepers have compiled a checklist that you can use to compare to your own process to either confirm you…

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3 Essential Metrics for a Smarter Marketing Spend From Your Favorite Orange County Bookkeepers

By Patty Hansen | Jul 22, 2020

The only way to get smarter about how to invest your marketing dollars is to document and measure what is happening now in your business.  Once you’ve measured, you can then improve. Marketing Spend The first step to measuring what you spend on marketing is to aggregate all of the…

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18 Small Business Opportunities in 2020 from Your Favorite Orange County Bookkeepers

By Patty Hansen | Jun 10, 2020

Deciding on the kind of business you want to start is a very big decision. Some businesses require specialized skills that either the owner or employees will need. Others require a substantial initial capital outlay. In any case, it’s always a good idea to consider the health of the industry…

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2020 business trends

10 Hot Business Trends for 2020 from Your Favorite Orange County Bookkeepers

By Patty Hansen | Jan 8, 2020

As we welcome a new year it’s a perfect time to reflect on the trends that will impact us and our businesses. Team One Accounting has compiled a list of trends in 2020 for your consideration and reflection: Trend #1: Sustainability Concern for the environment has made the list for…

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10 Ways to Boost Your Revenue in 2020 from Your Favorite Orange County Bookkeeper

By Patty Hansen | Dec 18, 2019

The start of a new year creates the perfect time to revisit old business strategies from last year so you can maximize your revenue for 2020. If your financial numbers were fantastic this year, that’s great! Keep the strategies that worked for you and cut the ones that didn’t. Whether…

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Get Organized with This 32-Item Year-End Close Checklist From Your Favorite Orange County Bookkeepers

By Patty Hansen | Nov 20, 2019

A great way to make a wonderful start to 2020 is to wrap up 2019 feeling organized and on top of the world. Below is a checklist of items that you can start on now to make your year-end close go smoother than ever before. And don’t worry if you…

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Your Favorite Orange County Bookkeeper’s ask: Does Your Business Have a Safety Net?

By Patty Hansen | Sep 11, 2019

One of the most important parts of managing a business is making sure there is enough cash to keep the business running.  As a business owner, you probably have an idea how much cash is in the bank at any time. The smaller your business, the more likely you are…

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key financial reports for business

Five Key Reports for Your Business from your Favorite Orange County Bookkeeper

By Patty Hansen | Aug 28, 2019

Each month, your accounting system yields actionable information for you to run your business better. Here are some key reports that all business owners should review every month. 1. Balance Sheet Reviewing the balance sheet can tell you balances of your current assets and current liabilities.  Current assets should always…

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A Mid-Year Review From Your Favorite Orange County Bookkeeper

By Patty Hansen | Jul 3, 2019

Can you believe that half of 2019 is gone already? That means it is an opportune time to take stock of how your business has done for the first half of 2019 so that you can meet your financial goals for the entire year. Team One Accounting, your Orange County…

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Five Timeless Tips to Improve Customer Service from Your Orange County Bookkeeper

By Patty Hansen | Jun 5, 2019

Having repeat customers is essential to many businesses. The key to keep clients coming back is to provide them with great customer service. Here are five ideas to rate your business’s ingenuity when it comes to serving customers. 1. Make a great first impression. When customers make a purchase from…

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