Five Ways to Bring in More Cash for Your Business

Now is the perfect time to evaluate your financial position and come up with innovative ways to add revenue streams and generate cash. Here are five ways you might consider to improve your cash inflow: 1. Evaluate your current company assets. Take a look at your assets, both fixed and human. Could you make slight pivots to create a new form of income? For instance, if you run a coffee…  Read more

COVID-19 Business Update – October 1st, 2020

With our normal routines turned upside down, people have found as many ways to cope with the pandemic as there are neighborhoods. This piece in the New York Times has a series of postcard vignettes of neighbors coming together to connect and help each other. In Los Angeles, a family picks citrus fruit from trees in their neighborhood, sharing the bounty with the owners of the trees and food pantries.…  Read more

Questions to ask as your small business recovers from COVID-19

As small business owners look to operations after COVID-19, there are some important business questions to ask. These questions will help you determine what adaptations you want to keep, whether your business model is working, and if there are additional changes you want to make to keep your company operational through future economic downturns. It’s not always fun to do this sort of examination, but the answers to these questions…  Read more

COVID-19 Business Update – September 8th, 2020

Shutting down economies around the world to fight the coronavirus has been a blunt and costly instrument, as this piece in the Wall Street Journal describes. Taiwan, South Korea and Hong Kong demonstrated that it was possible to reduce infection rates by widespread testing, contact tracing, cutting off travel with China and adopting masks. Such stringent controls were not possible in most states in the U.S., so instead we resorted…  Read more

Ways to benchmark your business

For many business owners, determining the success of a business comes down to how much profit the company makes. Of course, finances are an important measure of an company’s overall success. If you don’t bring in more than you spend you won’t be in business for long. Profit, however, isn’t the only important benchmark by which to measure your business. There are other important factors business owners can and should…  Read more

A Guide to Business Recovery in a pandemic world

As you know, the COVID-19 pandemic is not just a public health issue, it’s also caused lockdowns and financial worries on a global scale. Small businesses are not strangers to the impacts of the pandemic. In a survey by the International Trade Centre (ITC) among 1,200 businesses in 109 countries between 20 April and 4 May, the pandemic has strongly affected 60% of the businesses. The results of the survey…  Read more

How your business can thrive even in a recession

The pains caused by a recession can be excruciating, which is why most of us dread the thought of it. A recession can mean massive layoffs, jobs becoming harder to find, and wages frozen, which means consumers hunker down and spend less– often worsening the economic slowdown unknowingly. For most businesses, especially small businesses, recessions can be brutal. Just take for example, the Global Financial Crisis (GFC) that struck the…  Read more

COVID-19 Business Update – 5 August 2020

It’s no surprise to most Americans that the U.S. economy has suffered greatly from the impacts of the COVID-19 pandemic. But what may surprise you is the extent of the decline: a record 32.9% contraction during the second quarter of 2020, the biggest drop since 1947. The virus is still spreading across much of the country, and for 19 straight weeks, more than 1 million people have submitted new claims…  Read more

COVID-19 Business Update – 28 July 2020

Covid Are you feeling out of balance from the changes brought on by the pandemic? You’re not alone, according to economist Jeffrey Tucker. Thanks to the media, many of us have been overtaken by fear, which may cause us to act irrationally. Tucker recalled a book from 1841, Extraordinary Popular Delusions and the Madness of Crowds, in which the author Charles Mackay describes many panic-inducing events of the past that…  Read more

Protect Yourself and Your Data – Proactive Steps for Living Safely in the Digital Age

These days your personal data is everywhere, and that information is valuable to marketers, hackers and everyone in between. If you want to prevent the unauthorized use of your personal information, you need to take a proactive approach to protecting yourself and your identity. You can no longer afford to be blasé about your data security – if you are not taking proactive measures to prevent the use of your…  Read more

Tips for keeping your business data secure

It’s no secret that data loss can be a costly nightmare for a small business, with recent estimates citing the total cost of data breaches exceeding $2.1 trillion by 2019. Unfortunately, cyber attackers increasingly target small businesses because they are less likely to have security protection in place. Accidental loss or loss due to a natural disaster can be just as harmful to a business, with recovery efforts and delays…  Read more

Covid-19 Resources Weekly Digest – April 6, 2020

Business Resources to Help You Survive – and Thrive – During the COVID-19 Pandemic As the COVID-19 pandemic deepens its hold across the country, governments and industry leaders are stepping up to help those impacted. To help you make sense of the barrage of information out there, we’ve put together a summary of helpful resources. FEDERAL STIMULUS On March 27, 2020, the CARES Act was signed into law. The goal…  Read more

Why Keep Your Data in the Cloud?

Cloud computing is quickly moving from an obscure concept to an everyday reality for small businesses all over the world. A 2015 survey of small business owners found that 52% had already adopted some form of cloud-based data storage; however, a general lack of awareness regarding the logistics and advantages of cloud computing has made others a bit more resistant. The truth is, there are several very practical benefits to…  Read more

D to the Power of 4 – Four Steps to Better Time Management

Time management skills are increasingly important in a world where people seem to rush headlong from one crisis to another. Add in the effect of social media and addictive computer games that can be accessed from anywhere at any time and it’s no wonder that some people struggle to fit everything into their days. So what can be done about it? How about invoking D to the Power of Four?…  Read more

We are here to support you during this difficult time

At this point, I’m sure between Emails, News Media, and Social Media you are hearing the term “Unprecedented Times”. The Corvid-19 pandemic is creating uncertainty, panic, and anxiety worldwide. With more U.S. Cities issuing quarantine each day more and more small businesses are significantly affected by the situation, especially our friends in the service, food & beverage, and retail industries. Here at Bean Counter 4 Hire our original mission stays…  Read more

COVID-19 Update

The novel coronavirus, known as COVID-19, continues to impact communities locally and regions across the globe. Here is an update from our firm: When we built this firm over five years ago, it was born in the cloud. We are 100% cloud-based (on U.S. Servers) and 100% paperless. We follow the highest security protocols and reevaluate them frequently. With that said, today is a regular workday for us. Well, except…  Read more

The True Value of Networking

There are all kinds of groups dedicated to networking. Some are highly structured with performance requirements, exclusive membership, and the payment of dues. Others are free form, come as you please and no charge. Not every group is right for every kind of business. You will find that some groups may simply not have connections in the market you are seeking to attract. You will find some groups have rules…  Read more

“I’m honored” – Winning the Top 50 Women in Accounting Award

I am excited to announce that I have been named among the ‘Top 50 Women in Accounting’ for 2019. The ‘Women in Accounting’ initiative is a way to honor and recognize women who are driving change and creating opportunities for the next generation within the Accounting and Bookkeeping industry. It’s safe to say I am completely honoured and humbled to receive this recognition. The focus this year was on giving…  Read more

10 Daily Habits of the Rich and Powerful

It’s the little things that make up the big things. Here’s a list of ten traits of some of the movers and shakers in the world today (and from the past). 1. They Stay Healthy Health is make-or-break. If you have it, your life will take on meaning like you couldn’t otherwise know; but if you don’t have it, you will only accomplish a comparatively small percentage of what you…  Read more

Mindy’s been nominated! – Top 50 Women in Accounting

We’re very excited to announce that our very own Mindy Levy has been nominated for the Top 50 Women in Accounting award! We’re sending Mindy & all the hardworking women who have been nominated a massive congratulations. This year, the #WomeninAccounting award focuses on those who are leading the charge when it comes to advocacy, change and community in their workplace and beyond. The nominations are judged according to these…  Read more

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