image_110.jpg

DIY

Ideas and perspectives for those who blaze their own path.

Productivity Tips Are Great... But They're Nothing Without This

The web is full of small business productivity tips. From suggestions on how to best work from home to the right tools to maximize your effectiveness and efficiency, there are articles galore. (In fact, you'll find more than a few here on the Kashoo blog.) But here's the rub: all the productivity tips in the world are just words without discipline. So the real question is how do you create and maintain discipline as it relates to business productivity? 

Read More

How to Set Up an Accounting System After You've Started Your Business

It's exactly what you were hoping for. You took a chance and started your business and for lack of a better phrase, business is booming. You're beyond busy with clients, customers or orders. You're up early and working late. Weekends are no longer free. But in all the excitement, some things have taken a back seat. Maybe you haven't had time to get a company website up. Or maybe you haven't dedicated time to recruiting. Or maybe you haven't set up your business accounting yet. If the latter is the case, you need to do two things: 

 

  1. Don't panic.
  2. Get started!

 

Read More

Topics: Accounting

Signs it's Time to Close Your Business

Virtually all small business-related articles are positive. They're motivational, inspiring and generally reinforcing of the fact that entrepreneurship is fantastic and you're going to be great at it. But the reality is that a lot of new ventures fail. According to the Washington Post (and not Rand Paul), "basically, after four years, 50 percent of businesses started are still open." (As the article notes, there are varying studies and perspectives on this issue, but we can generally assume and agree that not every business launched is going to make it.) Naturally, that means a lot of business wind up closing. The key however is recognizing the signs that it's time to close your business. After all, staying on a sinking ship for all the wrong reasons isn't going to work out. So let's explore a few factors that can serve as great indicators that it's time to close your business...

Read More

Topics: Small Business Tips

Truly Anywhere Accounting

We tout the joys and benefits of anywhere, anytime accounting a great deal here on the Kashoo blog—and that got us thinking. What would be some of the coolest places you could create an invoice, capture an expense or do some bank reconciliation? (Yes, we know how incredibly nerdy that sounds, but what we can we say? Most of us are at least a little nerdy—especially when it comes to accounting or technology.) So with that, here are a few places that, assuming internet connectivity, we think would be oh-so-fun to do some bookkeeping from... 

Read More

Topics: Accounting

What is the Debt Equity Ratio?

Is the word "debt" a cringe-inducing four-letter word in your financial vocabulary? Does the term "equity" leave you a bit baffled? You may want to reconsider, because when they come together in the form of the debt/equity ratio, or the debt-to-equity ratio, they can help to shed some light on your business' financial stability and help potential investors decide whether or not your company is worth their time. Not only that, but calculating the ratio is super simple. We promise!

Read More

Topics: Accounting

Subscribe to Email Updates