Columnist Spotlight Archives

Steps to Streamline your Accounting Department

acct

Streamlining accounting departments can be a daunting task and more often than not the simplest approach is overlooked. However, keeping it simple is generally the best course of action to take when trimming the fat. In many accounting departments the day-in-day-out tasks were created a zillion years ago and have become a part of the… Read More →

How to Protect Your Business Against Fraud

scam

We hear stories of employees embezzling money from unsuspecting employers, but we never expect it to actually happen. Nathan J. Mueller, an employee in the reinsurance division of financial services giant ING, carried out a scheme, embezzling nearly $8.5 million over a period of four years. Mueller’s story serves as a lesson to employers, alerting… Read More →

8 steps to successful payment collection

equal pay

Although the economy is improving, collections remains a daunting task for many companies. Recognizing the challenges and establishing necessary procedures can help to turn the situation around. All business owners want to reduce the number of late paying clients and to build stronger customer relationships. The question is, “How?” Despite all the high-tech solutions available… Read More →

Dos and Don’ts when Paying for College

college graduates

Back to school specials are about to take over our shopping experiences once again, but for many high school students, this is also the time to start shopping for college. It takes more than clipping out a coupon to make sure you get a good deal. To many, it can seem so intimidating that many… Read More →

Avoiding a Cash Flow Crisis

Get more cash

Maximizing profits and growth while also maintaining adequate cash flow is one of the most difficult challenges a young business faces, but it’s also one of the most important. The old adage that “cash is king” has never been truer given today’s challenges for securing a funds or attracting investors. To utilize capital to spur… Read More →

Managing Deductions: Steps to increase revenue

Economic concepts

Unfortunately, it is common for customers to pay less than they owe, taking deductions off their bills or underpaying their invoices. For small businesses, this can create a significant loss in revenue and problems with cash flow. Some businesses have reported losing as much as 10 percent of their gross sales to deductions. Fortunately, companies… Read More →

Dos and Don’ts with Your Tax Dollar

tax

With April 15th right around the corner, some of us are anxiously anticipating a tax refund check. As a matter of fact, according to CNN Money, the average tax refund is about $3,000. If you’re lucky enough to be part of this group, what do you do next? I would like to give you some… Read More →

America’s no good, very bad corporate income tax

tax

Arizona is doing all it can to develop a more competitive tax environment in order to attract jobs, but we’re getting no help from the feds. The state over the last few years has scratched and clawed its way on the road to economic recovery. Staring down 300,000 lost jobs since the beginning of the… Read More →

Arizona: The State of the Solar State

Sustainable Energy in Arizona - AB Magazine November/December 2011

2013 was an event horizon for the solar electric industry in Arizona. The year brought acrimonious debate over net metering, as the utility industry attempted to reel-in a burgeoning rooftop solar movement that it had portrayed in a white-paper as a threat to its century-old business model and profit margins. The utility industry employed hard-core… Read More →

Small business tips for the New Year

taxes

Organization is the key to success, so as the calendar starts fresh so should your business habits. Start your New Year off right by getting your business organized. Here are some tips to help you get a firm grip on your finances. Organize your finances: Set aside 15 minutes per week, the equivalent of one Facebook… Read More →

Stop leaks causing accounts payable errors

taxes
December 2, 2013 by in Columnist Spotlight | Featured

Understandably, most companies are focused on their incoming cash flow and the bottom line. As a result, accounts receivable departments, or incoming balances, tend to get all the attention. Consider what companies might discover if they took a closer look at accounts payable. The management of accounts payable should also be considered a priority. When… Read More →

Wage laws hurt young and poor

money management
November 27, 2013 by in Columnist Spotlight | Economy | Featured

President Obama this year has been making noise about wanting to hike the federal minimum wage to $9 per hour and then indexing the wage to inflation. That means the hourly wage would go up every time the cost of living goes up. The latest Gallup poll finds that over 75 percent of Americans would… Read More →

Critical trends shape the technology landscape in Arizona

Arizona SciTech Festival - AZ Business Magazine January/February 2012

Unless partisan politics in Washington drives the economy back into a recession, there are critical trends in the technology industry that are pointing to continued slow but steady growth for Arizona. Most recently, the Semiconductor Industry Associated reported that U.S. semiconductor sales in August increased by 23.3 percent compared with August 2012, and global August… Read More →

How accounting can add to the bottom line

Sustainable Banks, Green Banking
November 4, 2013 by in Columnist Spotlight

In today’s world, where companies are evaluating every aspect of business to try to cut costs, few are looking at their accounting departments for ways to save money. The billing process is a basic and necessary function of accounting, and as a result, its potential impact on a company’s bottom line is often overlooked or… Read More →