New year

Don’t Start The New Year Behind

So, New Year’s has passed and you have seen just about every article and social media posting there is about how to make and keep your New Year’s resolutions. We all know the common ones: lose weight, exercise, get up earlier, make more money, etc…

What goals have you set for your business? Well that last one we mentioned, make more money, might be easier than you think. In fact, many businesses are leaving huge amounts of money on the table. You either don’t know it or you choose not to pursue it for any number of reasons. Now is the perfect time to resolve to make more money by making sure you’re getting the money […]

2015-01-12T11:45:33-05:00January 12th, 2015|Categories: Advice for Businesses|Tags: , , , , , |

Saving for a Vacation

Living in Massachusetts has a lot of perks, including a vacation destination on the east of the state.  Cape Cod or ‘the Cape’ as it’s known to the locals, is less than an hour drive from my house.  Great perk in the summer when you want to jet down to the beach for the weekend!

Winter on the Cape however is generally pretty desolate, but it’s great if you are looking to spend some time away on a budget.  Sure, you wouldn’t want to swim in the ocean but you can take advantage of some great deals the hotels and inns are offering.

Friends of my husband and I called before Christmas asking if we wanted to […]

Collection Advice for the New Year

Our customer service department works with clients on receivables and collections on a daily basis. Some advice they give our clients for this time of year is to make sure your bill is a priority for your customers.

During the holidays people tend to overextend themselves, and spend a lot of money, so there are a lot of bills out there. Also, with winter there are a lot of other expenses out there including snow removal and heating oil. It’s important to let your customers know that you expect to be paid before they make other financial commitments.

The longer a bill is out there the harder it is to collect. As time passes people prioritize their […]

New Year Business Goals

Aside from making New Year’s resolutions in your personal life, you should make a New Year’s resolution for your business to keep a better eye on your cash flow. You might think you have a handle on it, but there is always room for improvement.

Cash flow is the key to every successful business. Keeping track of your receivables is something you don’t want to let slip.

Here are some things to consider:

1.  Who owes you money? : Get a firm handle on who owes the business money and create a plan to get your customers current. Always pay close attention to your outstanding receivables.

2.  Review your procedures for getting paid: Take a hard look at what […]