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General

Robbing Peter to Pay Paul

You likely have heard the term robbing Peter to pay Paul. What you probably don’t know is that process (the robbing one) is called cash-flow and it affects just about everything you do in life and business.

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General

The Real Cost of Accounting

Most physicians will confess that they’re terrible at drawing blood. However, it’s not a talent they employ on a daily basis, so they may be

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Industry News

How to Better Your Credit Score

A credit score refers to the arithmetic analysis history and is the standard technique lenders use to determine your ability to repay your requested loans.

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Employee Spotlight

Employee Spotlight: Stacey Barefield

Here at Profit Matters, we are a team of dedicated, trustworthy and loyal bookkeepers, accountants, and CPAs who are on a mission to help business owners. Our team focuses on accuracy, efficiency and easy communication.

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Employee Spotlight

Employee Spotlight: Bailee Akin

Here at Profit Matters, we are a team of dedicated, trustworthy and loyal bookkeepers, accountants, and CPAs who are on a mission to help business owners.

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Employee Spotlight

Employee Spotlight: Ramzi Dridi

Here at Profit Matters, we are a team of dedicated, trustworthy and loyal bookkeepers, accountants, and CPAs who are on a mission to help business owners.

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General

New Stimulus Bill Includes Second Round of PPP Loans

As you’ve probably already heard, Congress passed the Consolidated Appropriations Act, 2021, (the “Relief Act”), which includes a relief package consisting of $900 billion in aid to small businesses and individuals impacted by COVID-19 on December 22.

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General

Importance of Industry Expertise

One might think, sure…if I’m going to invest millions of dollars into a business and also operate as the CEO, then I should know a thing or two about said-business.

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General

Cash is King and Profit Matters

I sit in on a lot of CFO/leadership meetings for many companies, big and small, and I notice how fast those who are obsessively concerned with the top line revenue lose sight of what matters most – profit!

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General

Taxes, Taxes, and More Taxes

Does tax season make your skin crawl? When the looming dates of 3/15 and 4/15 approach do you get all squeamish and want to hide in a dark cave? Or is this just me…. Well fear no more!

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General

How Explainer Videos Benefit Your Business

The goal of every business is to sell more…isn’t that so? In the competitive business environment, many small and large business owners are constantly facing a common dilemma – to increase their business sales.

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General

Perks of Choosing an S-corp

Welcome back to another episode of The Funny Money Show! To start, we want to introduce to the show’s fill-in host, Colleen Lotz (okay gig is up, that’s me, yes I write these show notes and produce this show!!)

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General

Podcast: The Poor Balance Sheet

Buckle up, we’re going on a crazy ride this episode as Ashley and Cortney throw words at us like “balance sheet”, “equity”, “assets”, and “liabilities!”

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General

3 Common Myths About Bookkeepers

Most people have a moderate understanding of the bookkeeping function. Bookkeepers bring specialized skills that cannot be compared to any latest accounting or bookkeeping application.

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General

The Ultimate Monthly Bookkeeping Checklist

Periodic bookkeeping is a common practice in all businesses. While some generate accounting reports on a daily or weekly basis, each month businesses are required to remit various statutory deductions to relevant bodies, as well as issue and settle pending invoices.

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General

Top 4 Real Estate Accounting Tips

Real estate is one of the most complex industries when it comes to accounting. Accounting personnel is expected to follow a stringent set of guidelines as stipulated in the law.

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General

Accounting: Our Best Technology

Today, technological advancements in the business sector are some of hardest to catch up with; in fact, according to a study conducted by Robert Half Management and published by Business Insider revealed that 41% of the interviewed CFOs cited tech innovations as one of the main causes of stress at work.

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General

The Cost of Bad Bookkeeping

Imagine looking at your debtors’ list and noticing figures that are a couple of years old, amounts with mysterious account names, abnormal credit balances and so on.

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Free Growth Guide

7 Areas We Improve to Exponentially Grow Your Business