Reduce business checking fees

Posted Leave a commentPosted in Accounting, bookkeeping, Small Business

Today’s banking services are less expensive in the past but banks’ revenues are actually greater today. Why? Banks add extra fees for add-on services that can be avoided but only with proper management oversight. For example, most of the nation’s bill payment processors charge a hefty fee for cancelling and replacing a lost check. Many […]

WikiDelphia.org – what’s not to love!

Posted Leave a commentPosted in Delaware, New Jersey, Pennsylvania, Small Business, Social Media

Metropolitan Philadelphia is a wonderful place thanks to the people committed to seeing it strengthen and improve. We cover parts of three states where the Delaware River flows into the Bay; a crucially important inflection point for our country’s history and its future. I’ve lived here in this Delaware Valley region from the northwestern suburbs […]

Legal advice by an accountant

Posted Leave a commentPosted in Financial Planning, lawyer, Legal

Avoiding the unauthorized practice of law Effective immediately, I am adding this clause to all engagement agreements Legal advice Advice regarding business strategies may involve an application of general principles of business law but my services do not extend to the actual practice of law. I am not a lawyer. I am not offering legal […]

“To pay a vendor”

Posted Leave a commentPosted in Accounting, Banking, Small Business

I’d love to discuss how your business can pay bills more quickly, with better management control and at a lower overall cost. Please the chat box below or the scheduling link to make an introduction. Businesses routinely pay vendors as part of normal operations. We commonly refer to our requirement to “pay the bills”. There […]

Remote part time small business controller services

Posted Leave a commentPosted in Accounting, Small Business

I’ve been wrestling with the pricing of remote controller services for small businesses. I had, on my own, established a ‘rule of thumb’ that any business that does not spend one percent of its gross revenues on internal and external accounting will likely hit legal or financial disaster. The cost is closer to two percent […]