new business owner

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10 09, 2018

Who Gets a 1099?

By | 2018-09-10T17:08:13-07:00 September 10th, 2018|1099, Accounting, Business Advice, IRS, new business owner, Tax, tax refund, Uncategorized|Comments Off on Who Gets a 1099?

1099's have proven to be a point of confusion for many clients, so we’ve compiled a list of all the people you need to send a 1099 as a point of reference. Feel free to use this blog as a reference as your prepare to send these out in just a few short months. [...]

7 08, 2018

Outsourced Accounting: Why it’s Important

By | 2018-08-07T15:52:01-07:00 August 7th, 2018|Accounting, Business Advice, Financial, new business owner, Our Services, Starting a new business, Startups, time and money savers|Comments Off on Outsourced Accounting: Why it’s Important

Outsourced Accounting Many small businesses choose to operate their accounting services on their own rather than hiring an outsourced accountant. What they don’t know is outsourcing these services might be the very thing that pushes their business to the next level. Having an in-house accounting department is not something many businesses can afford to [...]

10 07, 2018

How to Create a Budget Like a Boss

By | 2018-07-10T19:56:29-07:00 July 10th, 2018|Accounting, Billing, Blog, Business Advice, Cashflow, new business owner, time and money savers|Comments Off on How to Create a Budget Like a Boss

Do you usually end the month wishing you had more money to put into bonuses, marketing, or even client freebies? It seems like there just isn’t enough money to do all of the things you want to do; but the thing is, there’s plenty! Creating a budget allows you to guide your money properly [...]

7 05, 2018

The Dangers of Mixing Personal & Business Finances

By | 2018-05-07T18:57:37-07:00 May 7th, 2018|Accounting, Blog, Business Advice, Cashflow, Financial, new business owner, Small Business GAB, Starting a new business, Startups, Tax|Comments Off on The Dangers of Mixing Personal & Business Finances

The mixing of personal and business finances is especially common in the beginning stages of business. It is something that you should work to separate as soon as possible. Mixing personal and business finances is dangerous.  This makes it hard to see what your cash flow in the business is, [...]

10 04, 2018

How to Maximize Your Hiring Potential

By | 2018-04-10T22:28:08-07:00 April 10th, 2018|Blog, Business Advice, Hiring, Monthly GAB, new business owner, Starting a new business, Startups, time to hire|Comments Off on How to Maximize Your Hiring Potential

Hiring a new employee can be a stressful situation, especially if it is your first time. You don’t want to bring just anybody into the business you’ve worked hard to create, but the fact of the matter is... you need the help. In true MOD Ventures fashion, you have to make it fun! Here’s [...]

6 03, 2018

5 Ways to Spend Extra Money Wisely

By | 2018-03-06T16:54:12-07:00 March 6th, 2018|Business Advice, Cashflow, Financial, new business owner, Starting a new business, Startups, time and money savers|Comments Off on 5 Ways to Spend Extra Money Wisely

Have you ever been left with money at the end of the month, quarter, or year, and wondered what to do with it? Certainly putting it away for a rainy day is a great use of the money, but if your rainy day fund is already plump and you want to find a good way [...]

5 02, 2018

Setting Yourself Up for Success: Mileage Tracking & 1099s

By | 2018-02-05T19:45:32-07:00 February 5th, 2018|Accounting, Blog, Business Advice, Financial, new business owner, QuickBooks, Small Business GAB, Startups, Tax, time and money savers|1 Comment

“Don’t fear failure, fear being in the exact same place next year as you are today” (Unknown) This is a quote that really encapsulates everything we want to remember throughout the entire year. We are a firm that focuses on growth in ourselves, and especially in our clients. We know from experience that it isn’t [...]

5 02, 2018

Effective Niching: the Key to Increasing Revenue

By | 2018-02-05T19:35:18-07:00 February 5th, 2018|Accounting, Billing, Blog, Business Advice, Cashflow, Financial, new business owner, Startups|Comments Off on Effective Niching: the Key to Increasing Revenue

When you first start out in business, it’s standard to service clients from a wide variety of industries. If you are building your client base it’s a smart way to start, and the only way to discover which industry you prefer or have the most success in. After a while, though, it’s important to look [...]

8 01, 2018

3 Questions For a New Business Owner in the First 90 Days

By | 2018-01-08T17:44:06-07:00 January 8th, 2018|Business Advice, new business owner, New employees, Small Business GAB, Starting a new business, Startups|Comments Off on 3 Questions For a New Business Owner in the First 90 Days

For most people, the moment when they made the decision to leave their job and start a business of their own always stands out in their minds. They can point to a specific day, a specific conversation or a certain book they were reading when they decided that they were actually going to do it. They can [...]

8 01, 2018

Good Practices to Adopt in Billings + Collections

By | 2018-01-08T17:24:05-07:00 January 8th, 2018|Accounting, Billing, Blog, Cashflow, Collections, Financial, new business owner, Starting a new business, time and money savers, upgrade your accounting|Comments Off on Good Practices to Adopt in Billings + Collections

One area where most small business owners can improve their cash flow is in billings and collections. Keeping healthy cashflow is absolutely necessary to maintain a financially secure business. Here are some of our best practices we implement to ensure the health of our own business: Get it right: One legitimate reason for non-payment is a [...]