Year End Financial Checklist Year End is upon us – it’s hard to believe that 2013 is almost over! December is a busy month for a lot of businesses, and with all the festivities going on around the holidays and shopping to do, it is hard to focus on work, but you need to make […]
Minimum Hourly Wage Changes for 2014
2014 State Minimum Hourly Wage Changes and What You Need To Do: As you prepare for your first payroll of 2014, Dailey Bookkeeping Services would like to make you aware of state minimum hourly wage changes that were announced as of late November 2013 that will take effect on January 1, 2014 unless otherwise noted: Arizona, […]
Bookkeeping – Do you wait till the last minute?
Do you wait till the last minute to do your bookkeeping? If you do, unfortunately you are not alone. I received a call from someone on October 14th at approximately 5:30 pm, and this person wanted me to do his bookkeeping for the entire year of 2012 in time for him to mail his tax […]
Cash Flow – 21 Ways To Improve Cash Flow
21 Ways To Improve Cash Flow: If cash flow is a problem for your business, trust me, you are not alone. Many growing businesses struggle with cash flow – having enough cash on hand to cover all of their expense. In fact, a growing business can cause a shortage of cash because you may have to […]
Key Performance Indicators
Key Performance Indicators So what are Key Performance Indicators (KPI’s) and why do I need them? Basically, Key Performance Indicators are used to measure the performance of a strategic business goal. It all starts with goals. Where do you want your business to be next year or in 5 years? Do you want to increase […]
Hourly Rate – How much should I charge?
Hourly Rate – How much should I charge per hour? How did you figure out your hourly rate? If you just pulled a number out of the air or went with what a competitor is charging, you may not be charging what you need to charge to have a good profit margin or even cover […]
Budgets – The Benefits
Benefits of a Budget When you hear the word “budget,” what do you think about? Most people would say something similar to “Ugghh!” If you would rather do just about anything besides create a budget, you’re not alone. The word “budget” brings up connotations of endless numbers, constraints, the opposite of freedom and creativity, and […]
Record Retention Requirements
Record Retention Requirements – How long do I need to keep those old employee records? Improper record keeping is one of the most cited Department of Labor (DOL) violations. With the trend of everyone wanting to go paperless nowadays, it may be tempting to shred and throw out all the paperwork in your office, but […]
Inventory Management
Inventory Management – Improve Cash Flow By Managing Your Biggest Asset I read a great article today in HVCR Business Magazine titled “3 Reasons to Organize Your Service Vehicles”, by Greg McAfee, and I just finished assisting a client with Inventory Management. The project included implementing Advanced Inventory for QuickBooks Enterprise as well as setting up […]
Bookkeeping Help – Why hire a Bookkeeper?
Bookkeeping Help – Why hire a Bookkeeper when my spouse can do my Bookkeeping for FREE! A Bookkeeper is a Bookkeeper Right? Unfortunately this is not the case. Anyone can say they do bookkeeping. They may read a book, take a class or two, or they may use an accounting program and therefore say they […]