Friday, October 16, 2015

October - Breast Cancer Awareness Month




October brings to mind many things for people: Halloween, costumes, candy, football, changing leaves and cooler temperatures.  For too many, October also brings to mind breast cancer.  With this being breast cancer awareness month, you cannot go very far without seeing a pink ribbon or being reminded of this terrible disease.  This awareness has brought much needed research and donations for curing this terrible disease.  

A few facts regarding breast cancer in 2015 according to www.komen.org
  • There will be an estimated 231,849 new cases of invasive breast cancer diagnosed in the U.S. alone. 
  • Of those, 40,290 will ultimately succumb to the disease. 

What are the warning signs of breast cancer?  The answers might surprise you. 

  • Lump, hard knot or thickening inside the breast or underarm area
  • Swelling, warmth, redness or darkening of the breast
  • Change in the size or shape of the breast
  • Dimpling of puckering of the skin
  • Itchy, scaly sore or rash on the nipple area
  • Pulling in of your nipple or other parts of the breast 
  • Nipple discharge that starts suddenly
  • New pain in one spot that does not go away

If you have one or more of these symptoms listed above, seek out a healthcare provider immediately.  It is important to remember the signs and symptoms do NOT always mean you have breast cancer.  Many other breast conditions can exude these same symptoms.  But the best way to ensure early detection is to see healthcare as soon as you notice changes. 

It is also important to remember that men are also subject to breast cancer, not just women.  Although the statistics show that 124.3 per 100,000 women will be diagnosed compared to 21.5 per 100,000 men, awareness for males is equally important and in some cases more important.  Men often times ignore symptoms which result in a much later stage diagnosis.  The key to beating the disease is EARLY detection.  


During October, Breast Cancer Awareness Month, our goal at urBook$ is to encourage you to have awareness to this disease and remember any family or friends that have experienced it.  If you would like more information, you may visit www.komen.org.  This website offers insight into the disease, offers support for those currently battling the disease, and has an abundance of ways to get involved with fund-raising or bringing awareness to the disease. 

Thursday, October 1, 2015

7 Tips Essential for Small Business Productivity






Have you ever felt as if you have a million things all needing your attention at once as a business owner? Attempting to make progress on these items simultaneously can actually be detrimental to each task. Not only are you stressed out, your “accomplished tasks” aren’t producing the results you desired. Productivity by definition is the rate at which goods are produced as work is completed according to www.merriam-webster.com.


Productivity and efficiency are frequent topics of conversation for businesses for a simple reason: when you figure it out, your revenue increases. Getting to that perfect level of productivity and efficiency can be tricky, though. Your small business is a complex machine, made up of customers and employees and everything in between.


Below are 7 essential tips you can use to boost productivity at your small business.



1. Consolidate your errands and tasks.


The errands and tasks you do at your business are different than other businesses, but there is a strong similarity in how you do them.

Think of it like this: when you make a grocery list, you get all of the items at once. You don’t drive back and forth between home and the store for each item. In the same way, you should consolidate your errands and tasks.

Group similar tasks and or project work on a specific day, or time of day. Use the morning to answer your email, and once again in the afternoon, for example, instead of checking your email constantly throughout the day.

By consolidating your errands and tasks, you put an end to distracting multi-tasking and regain the focus needed to actually finish something.




2. Get control of your meetings.


Have you fallen victim to long or pointless meetings that waste your time and your team’s time and solve nothing? They are a source of dread and annoyance for everyone involved. To keep your meetings short and save your business from an expensive exercise in time-wasting, remember to:

• Think of meetings as a huddle. Brief, to the point, break quickly.

• Stand during your meetings. It helps to keep them short. No sitting.

• Have a specific and singular goal for each meeting. Keep all conversation to that agenda.

• Only have the people who must be there present. The more unnecessary people you bring in, the more time is wasted across the board for your business.

• Kill meetings that have no purpose other than “we always have them.”

• Avoid meetings that are lectures. This is about communication, and that is a two-way thing. Don’t let people who like to hear themselves talk run a meeting.

• Have your meetings later in the work day. The morning is your team’s most productive time. Don’t waste it with a meeting.

Meetings do have a real place in your business. They are how you make sure your team has the same focus, and keep on top of what is happening in your business. Just make sure they are productive.



3. Give your team access to the information they need.


Forcing your team to go hunting for the information they need is not productive. It’s also pretty frustrating for your team, and encourages a lack of accuracy. After all, it’s easier to just guess rather than hunt down the information.

Your team needs to know:

• When they work. An app like When I Work is perfect for team members who need to get immediate answers about their schedule. It answers who is working, when they are working, and questions about vacations or time off. Team members are part of a team, and they need to understand the schedule as a whole, not a separate unit.

• Customer support knowledge base. For team members working directly with your customers, they need ready information to answer customer questions. Without that fast access, they face the frustration of the customer and your business’s reputation takes a hit.

• Customer history and tickets. Access to past customer interactions, transactions, and support tickets allow your team to build off each other’s work instead of having to reinvent the wheel each time a customer has questions.

• Communication channels. How does your team communicate? Simplifying and unifying that into one place keeps the important information that your team is creating in their daily communications accessible. If some use email while others use Skype, your communication chain is broken.

• Details about group projects. Does your team know the goals of the particular project they are working on? Do they know where they are at in the timeline of a project? Make that information available so they better understand where they fit and what needs to happen.

This is just a start. Think about the kind of information your team needs on a daily basis for your specific business. Do they have it at their fingertips, or do they have to go to a manager and work up the chain to access it?

Whether an online database or actual books or manuals, the information needs to be available to everyone. This also means a reliable phone and computer network, depending upon your business, and continually updated software and hardware. Nothing is as frustrating for a team member who wants to do his job and has to fight the tools to do it.

If information is power, reducing easy access to it is a serious weakness for your business, and it wastes time.




4. Get in the cloud.


Using cloud-based apps can significantly improve efficiency. Team members who are on the road or working remotely can work from anywhere, whether on a sales trip or home sick with the flu. You should consider getting the following in the cloud:

• Custom tools. Have someone build a cloud-based app for your custom databases. Manage your sales and inventory in the cloud. Make it easy for your sales team to work on the road, inputting live sales and updates into your system.

• Project management. Project management apps aren’t necessary for every type of business, but if you feel as if team and customer communication for various projects is starting to get out of hand, head to the cloud and streamline it.

• Documents. Put your documents (and documentation) in the cloud so your team can read, edit, and share them easily. Avoid using email to send out versions of documents. Save time by making the original accessible by all. Google Docs or Evernote are always a great choice.

• Task management. If full-blown project management doesn’t make sense for your business, using a task management app is still going to be useful. Apps like Todoist, Wunderlist, or Any.do are great for teams that need to see who is doing what.

When you and your team can do the work they need to do from any location, your productivity will obviously increase. Not all of your tasks can be pushed to the cloud, but look for ways that you can shift your business to the cloud to tap into this always-possible work approach.




5. Build a team, and let them work.


For many small business owners, the start of their business was a singular affair. They became used to pulling long work days, doing everything themselves. As the business grows they (hopefully) realize they need to begin hiring additional help.

Oddly, though, many business owners have a hard time letting their team do the work. Maybe they have control issues, or don’t think anyone can do the work as well as they could. Efficiency begins when you understand that as the business owner, there are mundane jobs you no longer need to do. Your skill and knowledge needs to be focused elsewhere.

Here’s a quick checklist to help you better understand if you need to be turning work over to the team you hired:

• What are you worth? In other words, figure out what your time is priced at. What is your hourly rate? Now look at how you are spending your time during the day. Would you ever pay an employee as much as you are paying yourself to do menial tasks?

• Follow your clock. Track your time and see how you are using your day. It might be an eye-opener to realize that much of your time is wasted chasing after what doesn’t give you joy.

• Check for outsourcing. Find the tasks that are sucking up a lot of time that you and your team can’t afford to waste. Would outsourcing those tasks be more efficient and cost-effective in the long run?

• Make a priorities list. Decide what are the most important skills or work you should be doing in your business. Compare them to how you are using your time. Are you making the best use of what you have to offer? Prioritize how you should use your time, and delegate the rest to your team.

Your team wants to help. They want to do their job. If you insist on control and micromanaging, not only are you destroying your attempts to be productive, but you’re not making your team feel too great about their job, either.




6. Track your actual performance.


You probably track the performance of your website, but are you tracking the performance of your business? This is more than just checking the books to see that there’s money in the bank. This is about spotting trends (positive and negative) in both your team and your customers.

Consider looking at your booking and appointment software, or your weekly sales. Are you retaining customers? Do you have a lot of no-shows? Without being too invasive, track how your team is doing as well. Are they hitting deadlines? Is customer support handled in a timely fashion? Is there a lot of absenteeism?

You track your website and social media performance. You should use the same approach, finding the apps and tools that can help you do it, with your actual day-to-day business.




7. Be serious about team member satisfaction.


Your team will work as hard as they are motivated to. If they are satisfied and feel safe and happy, your productivity will increase. How do you show your team that you care about them?

• Give them good tools. As mentioned in #5, clunky or obstinate tools are a source of frustration for your team. They can’t do a good job, even if they want to. Give them the best tools you can so that their job is made easier.

• Have a break area. Do you give your team a great place to take a break where they don’t feel like the boss is watching them? Provide a place where they can relax, have lunch, get away from the computer, and not feel like they are still under observation.

• Value their input. Businesses often tell their team that they value their input, but they don’t always walk the talk. In your meetings, do you encourage, listen, and periodically implement your team’s ideas? They want to feel like they are a part of something bigger.

• Celebrate the important moments. Remember your team on special events or days. Perhaps you’ll mark important project completion dates or hiring anniversaries by taking the team out for dinner. Whatever you choose to do with your team, help them feel important by celebrating them.

• Provide a good work space. Some team members like the open office floor plan, while others like the privacy of cubicles. Provide yourself and your team with a workspace that they feel comfortable in. If they feel walled in or overly observed, they will waste time fighting the feelings they have about their workspace instead of doing actual work.

• Be generous with personal time. Your team members need a break. And so do you. Be serious about allowing your team personal time, both during the work day and in general. Make sure your team members take frequent breaks. Schedule a break for everyone with healthy snacks, if you have to. Give them regular days off. Help them feel that the work-life balance is in order so they don’t grow bitter towards their job.

If there is one single thing you can do to increase productivity, focus on that. All of the software and efficiency in the world can’t top a team member who wants to be at work and who wants to do a good job. If you get this one right, the rest is all dessert.



In order for you to focus on these items as a business owner, urBook$ offers a seamless outsourced soliton for your bookkeeping, bill pay and payroll needs. Contact urBook$ today for information on becoming a urBook$ client!

Sunday, September 13, 2015

The Role of Bookkeepers in Today’s World





Will machines eventually completely replace people? And now with the proliferation of cloud accounting software, our industry is asking, “What is happening to the role of the bookkeeper? Will cloud accounting automation make bookkeepers obsolete?”

The traditional bookkeeper role went something like this: client gives bookkeeper a stack of receipts and paper bank statements at some point after the close of the month. At best, this would be about two weeks after the close of the period.

Then the information all had to be keyed into the accounting software. Depending on the volume of activity and the bookkeeper’s schedule, this could take another couple of weeks, so by the time the information was returned to the business owner, the financial information was, at best, already a month out of date.

Now that people are use to real-time information anytime and anywhere, business owners’ expectations have changed, and if bookkeepers don’t adapt their methods and tools, they will soon find themselves with a dwindling client list.

In today’s world, information is provided real-time through automatic bank feeds and simply by logging into a various financial websites. It’s not unrealistic to have the information necessary to keep most accounts reconciled every single day and have the books closed within a day or two after the close of the month.

However, the improvements everyone sees in efficiency and being able to provide real-time information is just the beginning. Many would argue that the role is changing even more than that. Traditional bookkeepers as we’ve known them are going away entirely. It used to be that a good bookkeeper had solid accounting knowledge combined with quick data entry skills, and the best were also very knowledgeable about accounting software as well.

Today’s cloud bookkeepers must be knowledgeable not only about accounting software but also about many other add-on tools that could connect with that accounting software to improve productivity, eliminate data entry, and provide good results for the clients. They need to know how to evaluate them, use them, and train their clients on them. They need to provide more customer support for their clients and be able to oversee the process of data flow. They need such a strong fundamental understanding of both accounting and technology that when exceptions do pop up (as they invariably do), they need to know how to deal with them and fix the system going forward.

And then, when all the information is into the system and clean and reconciled, the accountant needs to be able to interpret the information for the client. Long gone are the days when the business owner would receive a set of financial statements (that they didn’t know how to read) as proof of a job well done. More and more they expect to understand what their numbers are telling them about their business. And if you can’t do that, someone else will.

urBook$ is committed to stay up-to-date with the latest technology available in the bookkeeping world. Our SmartVault and software allows our clients to access their data in real time, and we train our clients to maximize their services provided by urBook$ in order to provide them with more time to focus on their passion - THEIR BUSINESS!

If you have not experienced the urBook$ difference today, contact us at 469.304.0036 and experience The urBook$ difference today!

Tuesday, August 25, 2015

Everything You Should Know About the Switch to Chip Cards






If you haven’t received a new credit card with a “chip” on the front yet, chances are you will soon.  There is a nationwide EMV migration and it is well underway.  So what exactly is EMV? We are certain many of our clients have questions, and we will walk you through the basics of what this switch to EMV or chip cards means to you the business owner, and how your business can best prepare itself. 

Many U.S. banks are switching up the insides of our credit cards, adding what is called EMV technology, which stands for “Europay, MasterCard and Visa.”  So what exactly does that mean?  It simply means that credit cards will be equipped with a small computer chip that is extremely hard to counterfeit.  

What is driving this change? According to forbes.com Nearly 1/2 of the world’s credit card fraud occurs within the United States, while only 1/4 of all credit card transactions actually occur here.  Europe and much of the rest of the world have been using EMV technology for years now and their credit card fraud rate is a fraction of what the United States reports each year.  Therefore banks want to rein this in ASAP by moving away from magnetic stripe cards, which are much easier to counterfeit.  As you are aware there have been numerous high profile security breaches at some of the country’s largest retailers which has added motivation to make the switch quickly. 

How will this affect your business? Beginning October 2015, businesses that do not have EMV processing decides could be on the hook for fraudulent chip card transactions.  This is called “liability shift.”  Currently if your business runs a fraudulent card, banks absorb the cost.  Starting October 2015, if someone pays with a fraudulent chip card, and you are not set up with an EMV card reader, the banks are no longer liable.  

How do I avoid this liability? The answer is quite simple, contact your merchant account representative (whoever processes your credit card transactions), and simply ask them to send you a chip reader processing system, which accepts BOTH EMV and NFC payments.  NFC or “near field communication” payments is the technology you have seen that allows smartphones and other devices to communicate with each other when they are close together.  Apple Pay is probably the largest example of NFC. 

If you want to stay at up to date with technology and offer these secure  transaction options for your clients, contact your merchant services representative today and order your EMV and NFC device reader today.  


UrBook$ is committed to staying on top of the latest information that can affect any business.  This is part of our urBook$ difference.  If you haven’t experienced the urBook$ difference yet, contact us today www.urbooksplano.com and get started as a client.  We can handle your business needs such as bill pay, payroll and bookkeeping services.  

Tuesday, July 14, 2015

5 Habits to Improve Your Credit


Whether you've skipped credit cards altogether, as about 1 in every 3 young adults opts to do, or you're ready to rebuild your credit history after years of late (or non) payments, now is a great time to get started. Consider these creditworthy habits that will help you get on the path to a high credit score – and lower interest rates on loans, as a result. 
 
1. Fix Your Mistakes: They might not even be your mistakes, per se, but inconsistencies can show up on your credit report as a result of errors or even identity theft. If you pull your credit report from any respectable credit agency such as Equifax, Experian, Trans Union , you can find aberrations and get them reversed as soon as possible.

2. Make Timely Payments: Paying off your bills on time each month is a surefire way to raise your credit score over time. If you miss a payment or are late, then your card issuer (or another entity that's charging you, like a utility company) can inform the credit bureaus, which will ding your score. 

3. Check Account Statements: As with your credit report, monthly statements from your bank or credit card issuer are worth combing through carefully because an errant charge is often the first sign of identity theft. If you do notice a problem, be sure to report it to your financial institution right away so it can be addressed

4. Stay Under Your Limit: One factor that influences your credit score is your credit utilization ratio – the percentage of your credit limit that you're using at any given time. You can improve it by either increasing your credit line or using less credit. Either approach can help boost your score.

5. Save Along with Paying Debts: Even if you're trying to pay off credit card or other forms of debt, it's also a good idea to channel some money into a savings account for emergencies. That way, the next time an unexpected expense comes up, you can use your savings to pay for it instead of charging more to your credit card.

urBook$ is committed to providing the best services possible to increase your business' financial position.  Efficient bill pay, payroll and bookkeeping can aid in easing the stress of day to day business functions.  We will ensure timely payments, correct any mistakes that could be lying out there on your credit, reconcile your statements in a timely manner each month and track your cash flow to assist with your business needs and expenses. 

Don't take on theses daunting tasks alone, contact urBook$ today to begin your experience as a urBook$ client and spend YOUR time focused on your passion - YOUR BUSINESS! 



Thursday, July 2, 2015

Happy Independence Day from urBook$

Let Freedom Ring! 




As we get ready to celebrate America’s Independence, urBook$ would like to thank every service member for their courage, strength and sacrifice.  The freedom we have as United States citizens allows for courage, choice and ultimately gives anyone the ability to follow their dreams.  

urBook$ is honored to have courageous clients that began their own business and followed their dreams.  Our goal is to ease financial book keeping, bill pay and payroll services that can be daunting tasks to any business owner.  


As you celebrate freedom this July 4th weekend, be safe and enjoy time with family and friends. 

Monday, June 1, 2015

Top 5 Reasons You Should Outsource Your Payroll



As a business owner finding the time to dedicate to the ongoing payroll process can be daunting.  Outsourcing payroll by small business owners is increasing every year, and allows you to focus on processes and strategies that directly affect the future of your business.  Read 5 benefits to outsourcing your payroll as a small business owner: 

1. Time Saved 

Regardless of the number of people employed by your business, attending to payroll demands a great deal of time and attention to detail. Pay period follows pay period, each time requiring the business owner to input considerable amounts of data and double-check for any keying errors—time taken away from tasks a small business owner must attend to (including service to valued customers).
Outsourcing this function immediately frees up precious time. Employers only need to make contact with their customer service representative once each pay period.

2. Money Saved 

Time saved is money saved. Think of the time required for each of the following:
  • Calculating payroll each time period
  • Printing, signing, and distributing paychecks or pay stubs
  • Generating reports for in-house and accountant use
  • Preparing and remitting payroll taxes and returns to government agencies

When evaluated on a per-payroll-period or a monthly basis, a time/cost analysis may well indicate the benefits of an affordable payroll service provider

3. Enhanced Security 

Payroll processing is a complex and potentially risky business operation. Even with trusted employees, there is always a risk of identity theft, embezzlement of funds, or tampering with company records for personal gain. There's also an ever-present risk when using in-house payroll software: How safe and secure is payroll data on the company's server or network? This nagging question can consume a business owner's energy and attention as well.

By contrast, online payroll solutions offer a "safe haven" for your confidential payroll data. In addition to redundant backup and multiple server locations, a quality payroll provider invests in state-of-the-art systems for storing and protecting data, simply because it's part of the service provided to clients. urBook$ offers Smart Vault for your security. 

4. Compliance with Government Regulations


Generally speaking, small business owners aren't experts in the complicated world of government tax regulations. At the same time, they are legally responsible for any cases of misrepresentation or a failure to accurately report employment taxes to federal and state government agencies.

Mistakes can lead to audits and penalties—situations no small business wants or needs. As noted by ProfessionalEmployer.net, "The IRS estimates that over 40 percent of small businesses in the United States pay penalties of over $800 per year ... the result of late or incorrect filing and payments."
Government rules and regulations are always changing and small business owners can't be expected to stay on top of these changes. Professional payroll providers, on the other hand, must stay current with rules, regulations and changes in tax rates.

5. The Expertise of Professionals 

A professional payroll provider employs individuals who know payroll processing inside and out. These individuals specialize in the complexities of payroll taxes, as well as compliance with government regulations. It's what they're trained to do and part of the guaranteed service they provide.


Savings in time and money, greater data security and the comfort of knowing experts are handling your payroll functions—these are compelling reasons to explore the benefits of outsourcing today.

urBook$ offers affordable payroll services for businesses.  Contact urBook$ today and benefit from outsourced payroll for your small business.