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How To
How To Record a Depreciation Journal Entry in 4 Easy Steps
Recording depreciation begins with choosing a depreciation method and ends with ensuring the total accumulated depreciation shown in your general ledger agrees with your end-of-year accumulated depreciation. It requires debiting depreciation expense and crediting accumulated depreciation, as shown in the journal entry below: However, knowing the journal entry syntax isn’t enough. Your primary concern should…
55 Free QuickBooks Tutorials: Learn QuickBooks Fast (+Videos)
Welcome to Fit Small Business’ free QuickBooks Online tutorials. Each provides an in-depth lesson complete with text, examples, and a comprehensive video demonstration—designed to help you better understand how to use QuickBooks Online for your business. Our free QuickBooks course consists of eight main lessons. Setting Up QuickBooks Online In this module, you’ll learn…
How to Create a Small Business Marketing Plan (+ Free Template)
Whenever I’m tasked with launching a new small business or helping an existing business increase sales, I sit down with the owner to develop a small business marketing plan. You might be surprised how many small businesses overlook the importance of creating a marketing plan, opting instead to thrust blindly into one advertising medium or…
How to Start a Retail Affiliate Program in 2024
Affiliate programs are one retail marketing strategy you can tap into to drive awareness and sales. It’s essentially a win-win professional relationship: Affiliates promote your brand, and you only pay them when they’ve successfully made a referral. The benefit for retailers is that you don’t have to pay them until they’ve successfully done the job….
How to Create a Hiring Sign—Tips & Ideas for Small Businesses
Hiring signs are a quick and easy way to let people in your area know that you are looking for new employees. These are a good way to attract potential candidates from people who know your business—and it can even generate word-of-mouth referrals from there. Knowing how to create a hiring sign is important, as…
How Much Can I Rent My House For? (Calculations for Landlords)
Renting out a property, whether it’s your home or an investment property, is a powerful way to generate cash flow. An aggressive rule of thumb says rent should be about 1% of the property’s value. However, there are many factors that a smart investor will take into consideration, like market trends, amenities, seasonality, expenses, rent…
How to Sell on Etsy in 9 Simple Steps (2024)
Etsy is the premiere marketplace for artisans, studio artists, craft suppliers, designers, and more. Get started selling on Etsy’s marketplace with our expert guide.
Etsy is an ecommerce marketplace focused on handmade goods, vintage finds, and craft supplies. The most common types of products you’ll find on Etsy include jewelry, bags, clothing, home décor and furniture, toys, art, as well as craft supplies and tools. If this sounds like the right place for you to sell your wares, then…