3 Strategies to Grow Your Small Business in 2023

By Scott Meister, CPA | Jan 19, 2023

Source: The Ascent | Repost QBScott 1/19/2023 –  These growth tips apply to all kinds of small businesses. Key points Make sure you set goals and plan for growth before implementing specific strategies. Improving your customer relationship management is a cornerstone for growth. Invest in your team to increase employee retention and ensure they grow…

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Three Ways To Strengthen Your Leadership Skills

By Scott Meister, CPA | Jan 4, 2023

Source: Forbes | Repost QBScott 1/4/2023 –  Everyone has the capacity to start their own business, whether you’re selling handmade jewelry out of your home or starting up a multimillion-dollar company. However, even if you have a lifetime of experience being a business owner, it doesn’t necessarily equate to being a true leader. There is…

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Here’s What a 2023 Recession Could mean for Entrepreneurs and How They Can Prepare

By Scott Meister, CPA | Dec 15, 2022

Source: Business Insider | Repost QBScott 12/15/2022 – A recession in 2023 is probable. JPMorgan reported in November that the US economy will likely slow down, despite the Federal Reserve’s attempts to tamper inflation. If these predictions are accurate, entrepreneurs will need to begin preparing their businesses now for the challenges ahead. Sales could slump,…

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Small Business Bookkeeping

By Scott Meister, CPA | Dec 1, 2022

Source: Forbes | Repost QBScott 12/1/2022 –  Bookkeeping is the process of tracking income and expenses in your business. It lets you know how you’re doing with cash flow and how your business is doing overall. Staying on top of your bookkeeping is important so that you don’t have unexpected realizations about account balances and…

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3 Secrets for Growing Your Business Quickly

By Scott Meister, CPA | Nov 11, 2022

Source: Business News Daily | Repost QBScott 11/11/2022 –  There’s no surefire formula for instant success, but you can boost your business’s growth with these tips from startup founders. When you first launch your business, your main goal is to establish your brand and start growing. Unfortunately, this doesn’t happen overnight. Growth is an ongoing…

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6 Ways to Improve Your Small Business

By Scott Meister, CPA | Oct 28, 2022

Source: the balance | Repost QBScott 10/28/2022 –  There were more than 32 million small to medium-sized businesses in the U.S. as reported by the U.S. Small Business Administration in 2021 alone.1 Yet 20% of these businesses close by year one and nearly 50% by year five.2 The reasons for lower survival rates in small…

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The Secret to a Successful Startup? Focus on Accurate Financial Records

By Scott Meister, CPA | Oct 12, 2022

Source: Entrepreneur | Repost QBScott 10/12/2022 –  Studies show that many startups are not handling the financial side of business correctly. This is a big mistake that can hinder growth. You might not be very organized with your financial records during the beginning stage of your business or side hustle. Less than half of small…

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5 Skills Every Entrepreneur Should Master

By Scott Meister, CPA | Sep 30, 2022

Source: Entrepreneur | Repost QBScott 9/30/2022 –  Running your own business is like playing the piano — you need to master many different keys at once. But if you’re serious about entrepreneurship, these five skills will help you play the right tune. Starting a business is hard work, and it’s not for everyone. Entrepreneurs are…

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The Problem with Making Entrepreneurship Courses More Realistic

By Scott Meister, CPA | Sep 15, 2022

Source: Small Business Trend | Repost QBScott 9/15/2022 –  There’s a major push in business schools to make entrepreneurship courses more realistic. If you make the experience of learning about starting a company more like actually starting a company, the belief is, students will develop a better understanding of what it takes to be a…

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