A small business’ most valuable asset

Posted 1 CommentPosted in Accounting, Computers and Internet, Data Management, Small Business

When I speak with a small business owner, the topic of managing their most valuable asset often comes up. Usually, I’ll provoke the discussion: What really is your most valuable asset? What are you doing to protect it? What are you doing to grow it? At first, they are surprised to learn that I’m talking […]

Accounting vs. bookkeeping vs. artificial intelligence

Posted Leave a commentPosted in Accounting, Computers and Internet, Financial Planning, Small Business

I read an article that started out with a silly statement “It’s not a reality—yet—but accounting software is poised to eliminate accountants”. The article goes on to discuss the role of bookkeeping software, not the work of accountants. I responded “If you believe that this next generation of software will replace accountants, then I would […]

Accounting Software

Posted Leave a commentPosted in Accounting, QuckBooks, Small Business

Update: QuickBooks Online version addressed all of my concerns and is less expensive than any other option. I consider the issue resolved. I suffered a calamity with my local accounting software last month which led me to consider options to QuickBooks. QuickBooks is such a dominant software in the small business market that in the […]