QuickBooks Online Tip:
QuickBooks Balance vs. Bank Balance Discrepancies – Eric Frickey QuickBooks Online displays two balances for each QuickBooks account to include checking, savings, credit cards, etc. When logging in the dashboard will display a bank balance and a QuickBooks balance. The bank balance is the actual balance typically reconciled form bank statements while the QuickBooks […]
Making Something Out of Nothing – Money is No Excuse
Assisting entrepreneurs to estimate their funding needs, whether launching a new business or expanding an existing one, is a service we provide at the UGA SBDC. Identifying sources of capital and gaining access is another area of support. That said, tracking how businesses are funded is an important and interesting part of our job. Over […]
Business Planning Leads to Smooth Operations for Augusta Coffee Roaster
[vc_row][vc_column][vc_column_text]Newspaper veterans John and Pat Curry love a good cup of coffee. So when they ran across a book on home coffee roasting several years ago, they purchased it and a small home roaster. Soon, John was spending Saturday afternoons roasting on their front porch in Athens. In 2009, John and Pat were laid off […]
The Financials – Friend or Foe?
Daily at the SBDC (Small Business Development Center) we have the privilege of working with entrepreneurs from a broad range of industries. Although the industries may vary, many of the challenges entrepreneurs face are common, no matter what the industry. One such challenge we often see relates to numbers and financial statements. When it comes […]
Your Price is the Lowest…Is That All You’ve Got?
You advertise that you have the lowest price in town…is that the best you have to offer? If price is the only thing that distinguishes your business from the competition, you may have a problem. If a competitor beats your price tomorrow, you have lost your uniqueness. What do you do? If you cut your […]