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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How to Manage Accounting for Small Businesses

By Scott Meister, CPA | Aug 18, 2022

Source: Salesforce | Repost QBScott 8/18/2022 –  Small business owners thrive when they have the time to focus on the core aspects of their business. This includes customer service, product innovation, and sales. Administrative tasks such as accounting are necessary, but often have to be prioritized after other duties. However, it’s important that entrepreneurs learn…

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How To Grow A Business Successfully

By Scott Meister, CPA | Aug 3, 2022

Source: Investopedia | Repost QBScott 8/3/2022 –  Starting a business requires more than just a great idea. To succeed in business today, you need to be flexible and have good planning and organizational skills. Many people start a business thinking that they’ll turn on their computers or open their doors and start making money, only…

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9 Things You MUST Do Today to Grow Your Small Business

By Scott Meister, CPA | Jul 21, 2022

Source: Small Business Trends | Repost QBScott 7/21/2022 – Growing a small business isn’t easy. It is one of the toughest challenges many face when they are looking to get out of the 9 – 5 daily grind. The success of your small business depends on your efforts to grow profits using various methods. From…

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How to Tell Good Leadership From Bad & How Good Leaders Behave

By Scott Meister, CPA | Jul 7, 2022

Source: Chron | Repost QBScott 7/7/2022 –  John J. Pershing, a U.S. Army general in World War I, stated, “A competent leader can get efficient service from poor troops, while on the contrary an incapable leader can demoralize the best of troops.” This statement holds true for business leaders today. Leadership — whether good or…

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What is the Difference Between Bookkeeping and Accounting?

By Scott Meister, CPA | Jun 22, 2022

Source: Small Business Trends | Repost QBScott 6/22/2022 – Small businesses need to ask important questions, such as ‘What is the difference between bookkeeping and accounting?’ The bottom line is both are needed to corral financial records and understand them. Critical financial decisions get made based on the different approaches. And the results from accounting…

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The Small Business Success Cycle

By Scott Meister, CPA | Jun 9, 2022

Source: Entrepreneur | Repost QBScott 6/9/2022 – This is a simple yet effective way to create a cycle that will produce repeatable and positive results. Perhaps one of the most beneficial things that a small business owner can do for themselves is to set themselves up for success as quickly as possible. And one very…

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