Member Blog Posts in "finance and accounting"

The Story of an Organization and Their Struggle to Achieve Operational Efficiency

posted on August 23, 2010

Last fall I arrived at a client hospital site and felt as though I had fallen into the land of Winnie the Pooh.  The manager of the department seemed to focus only on patient privacy issues, very similar to Pooh with his honey. Read more »

Author: Penny Crow

The 5 minute CFO

posted on August 20, 2010

You’re the business owner, but unless you company is large enough, you’re the CFO too. You might be the bookkeeper as well, but first and foremost, when it comes to financials, you’re the CFO. You might wear your CFO hat 5 minutes per month and your bookkeeper hat 5 hours per month, but those 5 CFO minutes are crucial. How can you make these 5 minutes count? In larger companies, you have 3 layers of financial responsibility: Bookkeeper: no decision power. Read more »

Author: Patrick Bonnaure

Commercial - I can do that. Really?

posted on August 11, 2010

Many real estate professionals like to be the Jack (or Jill) of All Trades, but Masters of None.  I'm talking specifically about agents and brokers marketing themselves with multiple "specialties," which is ironic.  To specialize is not to just dabble, but to be proficient at it.  Yes, we can have multiple service offerings but are we really doing our clients a disservice by proclaiming several specialties?  In Texas, there are only two licenses - Salesperson and Broker.  Once a license is earned, there are no sub-licenses for commercial, re Read more »

Author: Rodney Schwalbach

How to Compare Accounting Software for Small Businesses

posted on July 19, 2010

Small Business article by Sheila Shanker via The Houston Chronicle – http://smallbusiness.chron.com/compare-accou Read more »

Author: Keith German

Bookkeeper or QuickBooks consultant? Which one do you need?

posted on July 12, 2010

By Patrick Bonnaure, ProLedge Founder.When small business owners need help with QuickBooks, the typical reflex is to ask their CPA or look for a bookkeeper. It will often work, but it is not necessarily the best option. There are four groups of people out there who can support your needs: CPAs, bookkeepers, QuickBooks Consultants and bookkeeping firms. Read more »

Author: Patrick Bonnaure

QuickBooks: Easy to Use, Easy to Break

posted on July 1, 2010

Intuit, the maker of Quicken and QuickBooks, is an undisputed leader in software usability. They know better than anybody how to make their applications easy to learn and easy to use. So why is it that so many of us still manage to “break” QuickBooks? The reality is that accounting is complex and there is only so much that software can do to keep a user from taking a wrong step, even among the most savvy users. Read more »

Author: Patrick Bonnaure

ERP Systems: How Hard Can it be to Select One?

posted on June 29, 2010

I recently came across a quick-read article with posts from two CIO’s documenting their advice on companies seeking to select a new ERP software system. Read more »

Author: Keith German

The Nonprofit Buyer

posted on June 16, 2010

One of the greatest challenges encountered by those seeking to find software for their business needs is that those within the organization are not “professional” buyers. Read more »

Author: Keith German

Saving on Bookkeeping: Avoid Stop-and-Go

posted on June 13, 2010

The responsibility of being efficient with bookkeeping doesn’t always fall 100% on the shoulders of your bookkeeper. The way you manage your bookkeeper has a lot to do with it as well. If you outsource your bookkeeping services to an independent bookkeeper or to a bookkeeping firm, there are a few tricks to know to get the best out of your bookkeeper. In this post, I’ll focus on the #1 recommendation that we give to all our clients: avoid Stop-and-Go. Read more »

Author: Patrick Bonnaure

Sell My Mortgage - Ten Things to Think About when Creating a Note

posted on June 9, 2010

The Texas Note Company, ten things to think about when creating a note.  If you are considering offering owner financing on the sale of real estate then you need to read this. Read more »

Author: Robert E Young