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The Ultimate Guide to Workflow Automation for Busy Entrepreneurs
Workflow automation boosts small business efficiency by automating repetitive tasks using tools like QuickBooks and monday.com. Net Profits Consulting offers expert guidance to streamline operations and drive growth.
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Proven Tax Strategies Every Business Owner Should Know
Net Profits Consulting offers tailored tax planning strategies for entrepreneurs, leveraging deductions, forecasting tax changes, and integrating tools like QuickBooks to maximize savings and streamline financial management.
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Maximizing Profits in the Food Industry: Small Changes, Big Impacts
Optimize food business profits by refining recipe costing, controlling waste, enhancing operational efficiency with QuickBooks and POS systems, and leveraging expert restaurant consulting for tailored growth strategies.
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Ratios That Reveal Profit Secrets
Financial Analysis Beyond the Balance Sheet: A Thrilling Dive into Financial Ratios! Welcome back, financial explorers! In our last adventure, we unpacked the foundational financial statements. Now, it’s time to take the next exhilarating step into the dynamic world of financial analysis. Net Profits Consulting · Updated September 6, 2025 Today, we’re talking about financial…
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Chart of Accounts Made Easy (with Free Template)
Bookkeeping Guide Chart of Accounts Made Easy (with Free Template) A chart of accounts is the backbone of your bookkeeping—organizing every dollar that comes in or out. This practical guide for small and family businesses includes a free template to help you get started fast. Net Profits Consulting · Updated September 6, 2025 A clear…
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How to Keep Bookkeeping Easy for Family Businesses
How to Keep Bookkeeping Easy for Family Businesses Bookkeeping • Family-Owned Businesses How to Keep Bookkeeping Easy for Family Businesses Practical ways to simplify your books, avoid mistakes, and keep your family business financially healthy. By Cornelius A. Frazier • Aug 26, 2025 • Read time: ~6 min On this page Purpose of bookkeeping Separate…
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3 Critical Accounting Equation Secrets Every Business Owner Must Know
Most business owners struggle with understanding their company’s financial health, often making costly decisions based on incomplete information. The accounting equation holds the key to unlocking your business’s true financial position, but there are three critical secrets that separate successful entrepreneurs from those who fail. Master these fundamentals and transform how you manage your business finances forever.…
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Liberty Mutual FCPA: Things to Know Now
Liberty Mutual Insurance Company has reached a groundbreaking $4.7 million settlement with the U.S. Department of Justice, marking the first corporate FCPA enforcement action since the Trump administration resumed anti-corruption enforcement following a strategic 180-day pause. This landmark case provides crucial insight into how Foreign Corrupt Practices Act enforcement will operate under the administration’s new “America First” approach to…
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How to Handle 1099-K – All Earners Free Checklist
Managing 1099-K forms as a small shop owner just became significantly easier in 2025. Thanks to the One Big Beautiful Bill Act, the reporting threshold has reverted from the planned $2,500 back to $20,000 plus 200 transactions, providing crucial relief for thousands of small businesses across America. This comprehensive guide walks you through exactly how to handle 1099-K requirements in 2025, from understanding…
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The Deming Cycle (PDCA): The Ultimate Guide for Continuous Improvement
Success in today’s business world requires more than just clever ideas; it demands ongoing refinement. The Deming Cycle, also known as the Plan-Do-Check-Act (PDCA) cycle, stands as a time-tested framework that empowers organizations to achieve continuous improvement, drive innovation, and consistently deliver value. Whether you’re managing a startup or optimizing established processes, the Deming Cycle is an…
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