QuickBooks Online can help individuals organize and track their personal finances, just like it helps small businesses manage their accounting tasks. We’ll show you how to use QuickBooks for personal use by walking you through setting up your expense and income accounts, adding vendors and customers, recording income and expenses, creating a budget, and more….
How To
How to Calculate Customer Acquisition Cost
Whether you’re preparing sales presentations, arranging targeted marketing efforts, or simply spreading awareness of your product or brand, acquiring customers always costs money. Here, we teach you how to calculate customer acquisition cost (CAC) so that you can identify how much you’re spending per customer. We also give you tips on how to reduce your…
How to Hire an Insurance Agent in 7 Steps: Small Business Guide
For insurance agencies, hiring an insurance agent is not just about filling a position; it’s about enhancing the agency’s capability to serve its clients effectively. This guide lays out a clear, direct pathway on how to hire an insurance agent, ensuring that your agency finds a candidate who is not only qualified but also an…
How to Hire Cleaning Employees in 7 Steps: A Small Business Guide
Hiring the right cleaning employees is pivotal for small business owners in the cleaning industry. The success of your business hinges on the reliability, skill, and professionalism of your staff. This comprehensive guide aims to simplify the hiring process, equipping you with the knowledge and tools needed to build a competent cleaning team. You’ll learn…
How to Loan Your Business Money + Expert Tips
An initial boost of cash to keep operations afloat until the company can support itself may be obtained through outside funding. However, if an owner has cash available, then follow our guide on how to loan your business money. The process begins with creating a formal agreement. Next, you’ll transfer funds from your personal bank…
How To Write Off Bad Debt in QuickBooks Online
Once you’ve identified a bad debt in QuickBooks, you can write it off by creating a credit memo and applying it to the outstanding invoice. To record and track those uncollectible amounts properly, we recommend setting up a bad debt expense account and a corresponding bad debt item. Our guide walks you through how to…
How to Hire an Intern (+ Free Intern Agreement Template)
Hiring an intern is a great way to tap into talented individuals who haven’t yet or have just graduated from college. The first step in this process is determining your needs and what your internship program will look like. You can then find interns by contacting your college career center or searching on job boards…
How Paying Your Child From Your Business Can Save Taxes
Paying your kids from your business is a legal way to reduce taxes for your company while utilizing your child’s standard deduction to provide tax-free income to your child. This strategy allows you to take a business deduction, teach your kids the family business, and keep money in the family. All businesses can deduct fair wages…