Small Biz Tips | David Knoble, CPA, PLLC

Don't Forget To Write Your Mileage!

By david.knoble, on October 22nd, 2009%

Many small business owners know that auto expenses are deductible, but many hate the record keeping necessary in order to get the deduction. What if your deduction was twice as large? Would the record keeping bother you as much? Let’s compare the two options and we’ll show you how easy it is to get a sizable deduction when driving for your business. » Read more about Don’t Forget To Write Your Mileage! »

Alternative Personal Notes

By david.knoble, on October 12th, 2009%

I am a HUGE fan of the personal, handwritten note. I believe that the time taken for any note that is handwritten shows the recipient how important they are. While my opinion hasn’t changed, I have found a service that I may use to replace some of my typed and handwritten notes.

Imagine receiving an … → Read More: Alternative Personal Notes

Running OpenOffice from a USB Stick

By david.knoble, on August 7th, 2009%

openoffice230x801 Did you know that the open source replacement for Microsoft Office which is totally free (OpenOffice!) can be run from a USB memory stick? What good does that do for us? Here we explain the advantages which help propel this software ahead of Microsoft. » Read more about Running OpenOffice from a USB Stick »

Small Business Recession Review and Guide

By david.knoble, on July 29th, 2009%

During an economic downturn small businesses must tighten up to survive. However, there are many changes that a small business can make to their values and daily operations that will assist them in a downturn. QuickBooks in the UK published a 23 page discussion on the state of the UK economy and very specific targets for small business. This guide is well worth the read, even for US companies. » Read more about Small Business Recession Review and Guide »

Obtaining the First Business Loan

By david.knoble, on July 1st, 2009%

Obtaining financing for business is more difficult than ever. This is especially true for a new business. Most banks will want to see a business plan and financial statements. However, they will also want more. » Read more about Obtaining the First Business Loan »

the Working Capital Squeeze

By david.knoble, on March 11th, 2009%

I was reviewing an article in CFO magazine titled Customers Banking on Your Working Capital when it struck me how many small business owners rely on customers payments to make payroll. Working Capital is defined as current assets minus current liabilities — it refers to what you have to pay what you owe in the short term. The problem ocurrs when your cash is less than your payables and payroll even if you have enough receivables to make up the difference. So, what do you do? » Read more about the Working Capital Squeeze »

Entering Quickbooks Opening AR Balances

By david.knoble, on March 9th, 2009%

Quickbooks is a superb program for small business accounting because of a) the number of customized industries it supports, b) the number of add-on modules that expand your capabilities and c) the ease with which we can provide service to you with your monthly, quarterly or annual bookkeeping services. However, setting up accounts receivable balances when transitioning to Quickbooks from another accounting program is not well documented. In fact, I spent half a day researching how to accomplish this in Quickbooks. Here is the answer! » Read more about Entering Quickbooks Opening AR Balances »

Paper Saving Web Site

By david.knoble, on February 25th, 2009%

Do you have lots of adobe acrobat files that you print out for later reference? Many of the user’s guides for equipment and software on the internet are downloadable in acrobat format. I have found a web site that will help you save space and paper to get those into print — all for free! » Read more about Paper Saving Web Site »

Act! — Creating New Label Formats

By david.knoble, on February 23rd, 2009%

Creating new label formats in Act! can be challenging. The spacing between labels and the top & bottom margins don’t always line up on the printed page the way you expect. Sometimes the labels seem to creep down the page; other times the second column seems to start a little too far to the left cutting off part of the label. Here is the trick on getting labels that are spaced correctly. » Read more about Act! — Creating New Label Formats »

How to Earn a Banker’s Trust

By david.knoble, on February 23rd, 2009%

There are many ways to earn the trust of your banker. There are also very few people that you need to trust you more than your banker. There was a great article posted by CFO magazine titled The Key to Banker’s Hearts. CFO, Ron Box, tells his experiences with a $28 million dollar construction … → Read More: How to Earn a Banker’s Trust

David Knoble, CPA, PLLC

David Knoble, CPA, PLLC

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