Print distributors are always on the lookout for profit-building opportunities. Notice we said “profit” and not “sales.” There are plenty of products that bring in sales, but do they make money? If you have products with low profit margins, you can sell a lot of them and still not make very much. This is where…
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Scars
We all have scars from business and life. They are a good thing we need to celebrate. Let me explain. Business and life can create many wounds. Relationship wounds. Financial wounds. Disappointment wounds. And more. Wounds are the results of many injuries. As wounds heal over time we can be left with a scar. Scars…
Read MoreEach Order Presents Its Own Problems
Ask the Accountant… Question: I feel like each order is different with its own problems. Am I the only one? Answer: No, you are not alone. Every distributor I work with has a slightly different business with their own unique challenges. Since we custom decorate our orders, they can involve different and complex processes. The…
Read MoreThe Law of Assumption
Most of us are familiar with the Law of Attraction. There’s another law, less familiar but equally fascinating and powerful, called the Law of Assumption. The Law of Assumption states that by believing (assuming) that the outcome you want already exists in your life, you will manifest it into existence. Most credit this Law of…
Read MoreHow to See Total Sales for One Customer in a Year
Ask the Accountant… Question: How can I see what the total amount of sales I have made to a customer last year? Answer: QuickBooks has a great deal of information available to you in report form if you just know where to look. In QB Premier, go to: “Reports” (at top) > “Sales” > “Sales…
Read MoreTGIM (Thank Goodness It’s Monday)
We’ve all heard folks say, “Thank goodness it’s Friday” (TGIF). We can all relate. We’ve all have had rough weeks when we really need the rest of the weekend to recover and recharge. Let me ask, how many times do you say or think, “Thank goodness it’s Monday” (TGIM)? Do you love your career enough…
Read MoreAutomatically Change Fiscal Years in QuickBooks With This Trick
Ask the Accountant… Question: When I am in QuickBooks, I have to change dates every time I try to run reports. Our year is July 1 to June 30. How do I change that so that our fiscal year is automatic? Answer: In QuickBooks Desktop (Pro, Premier or Enterprise), go to “Company” > “My Company”…
Read MoreThese Are the Good Old Days
Some days, when we are in the thick of the battle of growing our business, we just want to get to a brighter future. I understand. For the first several years of starting and growing Proforma, I had more than my fair share of worries. After 45 years of growing a business, here are a…
Read MoreQuickBooks Shortcuts You Might Not Know
Ask the Accountant… Question: There are lots on ins and outs in software, and the percentage that any user knows about is likely very small. I was working with a distributor, and he pointed out a shortcut with which I was not familiar. I have shared it below. Answer: In QuickBooks Desktop (Pro, Premier, or…
Read MoreLove or Fear: Pick One
Most psychology experts agree that there are only two primary emotions: love and fear. All positive emotions are derived from love. All negative emotions are derived from fear. For business owners and sales professionals, success starts with making the right choice. Choice 1. Love When we love what we do, everything brings us joy, excitement,…
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