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Attract Your Dream Customer
Have you clearly defined your target audience? These are the prime buyers of your products or services. It is the people or organizations you are pursuing actively as customers. You don't need every customer in the world! You need the ones who...
Handling Challenging Situations with a Customer-Focused Mindset
Customer service often means dealing with angry, frustrated, or rude customers. Dealing with those customers effectively can often make or break a company. This article presents a five-step process for dealing with difficult customers. Most...
How a Small Business Can Build a Customer Base
Building a solid customer base is a necessity of any small business. Often times these smaller businesses cannot compete effectively with larger companies in terms of resources. For example, Tom’s mini-Mart is not going to be a match for Farmer...
Retaining Employees and Customers Is A Family Affair
“The more things change, the more things remain the same.” As e-mail, voice mail, and technology allow people to conduct business without ever seeing each other, the competitive edge can very well be the re-creation of conversation -- specifically...
Which Is Better: Repeat Business Or Adding New Customers?
Every management authority on the circuit says that loyal customers and their repeat purchases are the cornerstone of your long-term successful business. The reason is obvious: it is less costly to get your existing customers to buy more than it is...
 
Keeping Your Business's Finances on Track

One of the biggest benefits of operating a home-based business is that it doesn't require any formal training or experience. After all, some of the most successful individuals never attended a single business-related class or workshop.

The only drawback to having a lack of experience and/or business education is that it can make tracking your company's finances difficult. Even accountants who spend their lives working with numbers often find bookkeeping a tedious chore.

But no matter how mundane keeping track of your company's revenue and expenses may be, it is also necessary for several reasons:

1) You need to know at a glance if your business is spending more than it is earning.

2) You need to have all of this information documented for tax time.

3) You can use this data to help you establish your budgets and to adjust your spending.

Of course, just knowing it's important doesn't make it easier to accomplish. In fact, you really have two options if you want to reduce your accounting stress:

A) Hire a professional to help you or

B) Invest in a helpful accounting software program.

While hiring a professional would be the easiest route, it's also more costly. For most home-based businesses, the most effective choice is to use an accounting software program.

Before you spend a dime, however, there are a few things you need to know.

1) Know What You Need The Program To Do

The accounting programs currently available can handle a wide array of business related tasks, such as tracking expenses, creating invoices, handling payroll, and printing checks. The more of these tasks a program can do, the more expensive it will be.

For that reason, you should know exactly what you are going to use it for. That way you can get a program that meets your needs without paying for features you'll never use.

2) Know The Details Of Your Computer

Before you buy any software, you need to know your computer's current statistics, such as what operating system you use, how much hard drive is available, and how much RAM your system contains.

If you buy a program that won't work on your system, you won't be able to return it and get your money back once it's been opened. Checking in advance will protect you from getting stuck with software you can't use.

3) Do Your Homework

Any type of business-related purchase requires careful consideration, so be sure to investigate before you buy. Explore all of the software programs available and find out what other people are saying about them. Sites like Epinions.com and CNET.com can provide you with product feedback from both consumers and reviewers.

Pay attention to mentions of difficulty levels since you want a program that is easy for you to learn and to use. Also, take advantage of


software demos. Nothing beats a hands-on preview. You should do some research into the companies' technical support and customer service as well. If you ever need help, you want to know it's readily available.

4) Be Aware Of Costs

Another thing you need to know is how much you can afford to spend on the program. The costs for accounting software run from $30 to $600 or more depending on the features included.

Knowing what you need and can afford in advance will prevent you from paying too much. Shopping around for a particular program won't do much good, however. Whether you buy a program online, from an electronics store, or from a retail outlet, you'll pay about the same price. Watch for rebates or special offers, however, because they can cut your costs considerably.

Here are a few suggestions if you find it difficult to identify the right accounting software program for you:

* Peachtree Accounting 2003 Peachtree is one of the most recognized names in business accounting. This program allows you to manage your accounts receivable, accounts payable, inventory, payroll, job costing, fixed assets, even general ledger. Other valuable features perfect for small or home-based businesses, such as Internet postage, credit card service, direct deposit, and contact management are also included.

This version costs $199.95, but others are also available. You can learn more about Peachtree's line of accounting software at http://www.peachtree.com

* Quicken Home & Business At $89.95, Quicken Home & Business is one of the most budget-friendly accounting programs on the market. Even though its price is low, its packed with features, such as creating custom estimates and invoices, generating business reports, setting up a Merchant Account, managing taxes and expenses, and keeping track of your cash flow.

You can also use the program to download your transactions and pay your bills online. Other versions of Quicken are also available through the company's web site http://www.quicken.com/quickensw/

* Microsoft Monday 2003 Deluxe & Business With this software, you can take care of most of your accounting needs without breaking your business's budget. At only $64.95, the software still comes with a wide range of features including the ability to create customized invoices, estimate tax payments, compare financial data, balance your checkbook, track cash flow, and pay your bills. Additional versions of the the program are available for sale at http://www.microsoft.com/money

Knowing this useful information will help you find an accounting program that will make your job easier, less stressful, and more efficient. Vishal P. Rao is the owner of http://www.home-based-business-opportunities.com - One of Internet's leading website dedicated to starting, managing and marketing a home based business.

 

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  • what every employee should know about seeing the creative side of customer compaints

  • what every small business owner should know about preventing customer service conflicts

  • what every small business owner should know about seeing the creative side of customer complaints

  • what is an investor ready business plan

  • what is customer relationship management crm

  • what is great customer service

  • what is network marketing

  • what kind of client customer are you mr ms entrepreneur

  • what s the customer service buzz about your business

  • what the taco bell manager taught me about customer retention

  • what to look for in presentation folders

  • what your customers absolutely must know about your business

  • when customers complain

  • where are the delighted customers

  • where did the customers go

  • where have all the delighted customers gone

  • where to find the database for your customer mailing list

  • which is better repeat business or adding new customers

  • who am i who is my customer

  • who are your most likely customers and what do you know about them

  • who comes first the customer or employee

  • who says that you need money to get repeat customers

  • who says the customer is always right

  • why arent you using freebies to get more customers

  • why are customers so indecisive

  • why a collection agency is your small businesss best friend

  • why bother with customer centricity

  • why communication skills dont work in customer service

  • why conducting a customer survey could double your profits

  • why hasnt customer service improved despite the profusion of databases and technology

  • why providing excellence in customer service is essential to every business

  • why public relations doesnt just happen

  • why small business must turn to pr

  • why you must build a customer list to prosper

  • winning customers over the phone

  • winning customer experiences

  • winning the loyalty of your customers

  • work at home business ideas

  • work from home and make more money

  • wrapping yourself around the customer

  • writing the book on great customer service

  • your customers are more than a number

  • your diamond mine the lifetime value of your customers

  • you must build a customer list