Blog

Conquer Credit Card Debt & Claim Financial Victory

Credit cards certainly are handy financial tools. It’s so simple to pull out a credit card from your wallet and pay expenses on the go. Credit is handy for one-time and recurring business expenses, also. Financing purchases with a credit card is simpler than taking out a loan. Plus, plastic is easier to track than [Read More]

B2B Marketing

How Financial Reports Quickly Improve B2B Marketing

Julia runs a consulting agency in Green Bay. After five years of building her customer base, she has an overall picture of what type of customer is the most profitable to work with. Moving forward, Julia would like to work with more of these types of “A List” clients. They’re a good fit for her [Read More]

A Paperless Office Puts Money Back In Your Pocket

Do you remember the days of receipt books, file cabinets, and daily trips to the post office? Sure, that’s what worked back then. Thanks to the birth of Microsoft Office, QuickBooks Online, and other technology, business operations have changed immensely. Many of today’s small businesses are paperless offices. Prosperity Bookkeeping certainly is one of them. [Read More]

Obsolete Equipment: Sell vs. Store

I recently came across an old photograph taken at an office where I worked. I had to chuckle at all of the office products that are missing from my business today. Times have changed! We no longer need a Rolodex, land line, 10-key calculator, stapler, CRT monitor, binders, photocopier, or bookshelves. Out with the old, [Read More]

Accounts Receivable: Make it Easy for Customers to Pay You

Owners of small businesses rely on their customers to pay their invoices on time. On-time payments are essential to maintaining cash flow and business operations. With cash on hand, owners can pay themselves a fair wage, hire new employees, purchase equipment and inventory, and expand their marketing, products or services. When cash is tight, businesses [Read More]

Why You May Need Financial Benchmarking To Increase Profitability

UPDATE The video tutorial referenced under Accounting Tips and Reminders is now ready and will be published on YouTube Wednesday, November 17 at 4:00 p.m.! —————————————————————————————————- Mark had been poring over his profit and loss statement for hours trying to figure out where he was losing money. He could see his sales were down and [Read More]

How Can a Business Manage Cash Flow?

Cash flow is the ‘new black’ for 2020…but how do I manage it? Cash flow has a profound impact on the entire business. However, there’s still some confusion surrounding the concept and its practical application. Understanding how to manage cash flow goes hand-in-hand with business success, while ignoring it can lead to disastrous results. How [Read More]

Why is cash flow important?

Cash flow is the ‘new black’ for 2020…but why is it important? Cash flow has a profound impact on the entire business. Despite this, there’s still some confusion surrounding the concept and its practical application. Understanding cash flow goes hand-in-hand with business success while ignoring it can lead to disastrous results. Balancing incoming cash with [Read More]

cash management

What is cash management?

Cash flow has a profound impact on the entire business – but there’s still some confusion surrounding the concept and its practical application to your business. Understanding cash flow and cash management goes hand-in-hand with business success while ignoring can lead to disastrous results. Cash Management  Cash management occurs when a person or process manipulates [Read More]

What is Cash Flow?

Cash flow is the ‘new black’ for 2021…but what exactly is it? Cash flow has a profound impact on the entire business – but there’s still some confusion surrounding the concept and its practical application to your business. Understanding cash flow goes hand-in-hand with business success, while ignoring it can lead to disastrous results. Cash [Read More]