Intuit will be offering QB Desktop products via subscription-only, beginning with the 2022 releases. They (except for QB Accountant) will no longer be available by way of a one-time payment as they have in the past. QB Desktop products include QB Pro, Premier and Enterprise. Enterprise was converted to a subscription product two years ago…
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In addition to my blog, “Million Dollar Mindset” I also host a video podcast, Million Dollar Monday. The purpose of Million Dollar Monday is to provide inspiration and advice to entrepreneurs and all people with big dreams. A recent guest, Mike Watts, founder of LoveHandle, attempted two times to be on the “Shark Tank” television…
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Frank Fiume successfully started i9 Sports, the nation’s first and leading franchisor of youth sports leagues and camps. Fiume discusses with host Greg Muzzillo the importance of going against the grain and pursuing your passion, and also understanding when it’s time to call it quits and exit the business…
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Tom Brady has some advice on how to be successful and live a joyful life: Stop blaming everyone else. “Life is about always changing and adapting to different things,” the Tampa Bay Buccaneers superstar said. “Today, the world wants to blame, and shame, and guilt, and fear everything all the time. We would never teach…
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Ask the Accountant… Question: Do I need account numbers in addition to account names? If so, are there particular numbers? Answer: I like using account numbers with account names for accounts in the chart of accounts (COA) because it makes it easier to distinguish one account from another more readily, as some account names are…
Read MoreWhile some things come out of nowhere without warning, there are always ways to prepare for business challenges. Recognizing that problems are inevitable—and committing to making the sound and sometimes difficult decisions—is easier said than done, but certainly key to enjoying the work more…
Read MoreBoundless was acquired by a private equity partnership in June of this year. With the industry seeing more changes than ever in ownership, mergers and acquisitions, I thought this would be a good time to sit down with one of the investors and interim president of Boundless, Charley Dean. He shares his perspective on how he views the industry’s greatest opportunities and challenges…
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For decades, Topps owned the baseball card market. The company had an exclusive contract with Major League Baseball and the MLB Players Association. A few weeks ago, Topps was blindsided when MLB and MLBPA announced a new exclusive contract with the online sports merchandise retailer Fanatics Inc. There are two big lessons here…
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A chart of accounts is a list of financial accounts set up in a company to record financial transactions. Accounts fall into six general categories. When your financial transactions are recorded into your accounting system, they are assigned or recorded into the appropriate categories…
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“Don’t be afraid to take risks. Be innovative and differentiate yourself,” says John Sheppard, former executive leader of Coca-Cola’s international divisions. Sheppard discusses his experience working with both private and public companies and offers advice about effective communication, building confidence and knowing when you need to adjust your leadership style…
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