Re: What do ya'll use?

Posted by Easy on November 16, 2005 at 08:19:33 from (198.208.251.24):

In Reply to: What do ya'll use? posted by NC Wayne on November 15, 2005 at 19:06:33:

My wife has a small business with 2 employees. We use Quick Books. PIA to set up, but the checking account balance agrees with the bank statement to the penny. Additionally, sign up for internet banking with your bank. It will allow you to monitor your balances anytime you want - If a check has cleared, you don't have to go to the bank or call to find out. Get set up for credit cards. It will bring in some business, and it costs maybe 2% per transaction. People often spend more if they don't have to come up with the cash NOW. And it gets you out of "carrying" a customer. If somebody can't pay now, often they can't pay later either. If they don't pay the credit card off, that's not your problem. At least once a year, sit down and figure out your cost of business. Sometimes what you think is making money isn't. If you don't know your costs, you don't REALLY know what a profitable job is. I have a friend that has a auto repair shop. He does oil changes for $15. He only makes a few dollars on each one, but does maybe a dozen a day, between other jobs. He gets a lot of customers for other stuff from that.

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