Building with Sky Stripe

Do you Have a Custom Designed
Small Business Accounting or
Bookkeeping System?


Silent Quiz:
Can You Answer These 10 Questions
About Your Business?


  1. Were my total sales up or down last month? Were they designated by sales category?
  2. What was my total gross profit last month? Was it designated by sales category?
  3. What is my gross profit per item?
  4. What were my expenses by category last month?
  5. Who owes me money, and how much?
  6. Who's behind in paying me, and by how much?
  7. How much inventory do I have, in total and by item?
  8. Who do I owe money to, and how much?
  9. What was my profit last month?
  10. How Much do I Own, and How Much do I Owe?
  1. Were my total sales up or down last month? Were they designated by sales category?
    Here's why you need to know: If your sales are up, you'll need extra cash to buy replacement inventory. If your sales are down, you'll want to pull back on inventory purchases. Sales increases in a category can mean a new growth opportunity. Sales decreases need to be investigated to find out the reason.


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  2. What was my total gross profit last month? Was it designated by sales category?
    Here's why you need to know: Gross profit shows the profit left from sales after subtracting the cost of the products or services you sold. Changes in gross profit show whether your pricing strategies are working. Cutting prices to increase sales can hurt you if it reduces your gross profit.


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  3. What is my gross profit per item?
    Here's why you need to know: Selling prices should be based on profit goals instead of estimates. By raising the prices on some items and selling others near or below cost, you can change your inventory mix and increase gross profits. An increase of just 1% may add thousands of dollars to net profits. You can give sales incentives that will cause employees to sell the most profitable items instead of the easiest ones.


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  4. What were my expenses by category last month?
    Here's why you need to know: Are payroll costs too high? What about insurance costs? The telephone? In order to cut back on expenses, first know which ones are out of line. Recording your expenses each month ensures that you get the maximum tax deductions.


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  5. Who owes me money, and how much?
    Here's why you need to know: You can't expect to get paid in full unless you tell customers exactly, and regularly, what they owe. An itemized, neatly printed and up-to-date monthly statement tells customers that you expect to be paid on time according to your payment terms.


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  6. Who's behind in paying me, and by how much?
    Here's why you need to know: Customers who fall behind need to be contacted immediately and often, so it doesn't become a habit. Also, before you approve a new order from a customer, you'll want to know if that customer paid you on time for the last order .


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  7. How much inventory do I have, in total and by item?
    Here's why you need to know: If you're running low on an item, you can reorder in advance and not be out of stock. Plus, you can avoid rush delivery charges. If you have too much of an item or of inventory in total, you can cut back on your inventory investment. Also, you can compare a physical count to the books and identify a shortage problem before it puts you out of business.


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  8. Who do I owe money to, and how much?
    Here's why you need to know: Many vendors offer discounts for paying bills in less than 30 days, which can add up to big savings on an annual basis. Paying your bills on time will increase your chances of getting business credit. Plus you can plan for your cash requirements and reduce the need to borrow from a bank or your own funds.


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  9. What was my profit last month?
    Here's why you need to know: A monthly profit figure gives you the financial bottom line and lets you know where you've been and where you're going. Plus, you can save hundreds to thousands of dollars, on year-end tax return fees, and plan for the tax bill months in advance.


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  10. How Much do I Own, and How Much do I Owe?
    Here's why you need to know: Keeping track of your current assets and liabilities allows you to plan for your cash needs, and helps you stay in compliance with loan agreements. Plus, you'll be instantly ready to respond to questions from suppliers or potential customers.

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Which of the following best describes Your Accounting System?


I do it myself
I have an accountant
I don't have a system

I do it myself
Your time is so much more valuable! You are the Worlds #1 expert in running your business. While you are busy doing bookkeeping, your competitors are designing new products and services, preparing new advertising, collecting past-due accounts, shopping for less expensive suppliers... everything that you need to do to survive and grow! Are you sure that your bookkeeping system conforms to the proper accounting rules and procedures? Even more important, do you get all of the valuable information described here from your bookkeeping system?


I have an accountant
Does your accountant or bookkeeper provide you with all of the information described here, and its many benefits? Does your accountant take the time to explain what the numbers mean, and how you can use them to run your business more profitably? Do you feel you are getting the best possible value for the fees you are paying? Also, if your accountant is one of your employees, you may be able to save a substantial amount of money in payroll, fringe benefits, equipment and software by having someone else do the work.

I don't have a system
There isn't a better time than right now to get started! Studies have shown that small businesses often fail because they don't have a good accounting system. I can custom design on an accounting system for over 50 different organizations, including yours. My system is so easy to use you'll be delighted. If you can drop a piece of paper into a file folder, you already know how to use it! You can obtain all of the valuable information described in this brochure, and its many benefits. Plus, I will take the time to explain what the numbers mean, and how you can use them to run your business more profitably. Give me a call today!
This is why you need to call now...


I don't have to tell you that in today's day and age, information is power. With my small business service, you'll receive valuable information to improve your cash flow, control your operations, and reduce your taxes. It will be prepared accurately, based on all the proper accounting rules and procedures. Plus, I will take the time to explain what each of the numbers means, and how you can use them to run your business more profitably.

There's a gold mine of profit-building information in these financial numbers, if you have them at your fingertips and you know how to use them. Give me a call today for a free consultation. There is absolutely no obligation of any kind and I'm confident that it will be well worth your time!

Isn't it time your business reached its full potential? Don't you owe it to yourself, and to your family ?

Sky Scope
Earn MORE PROFITS with LESS WORK

Sky Scope
Custom Designed Small Business
Accounting or Bookkeeping System

Sky Scope
30 ways we can make you money


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Building with Sky Stripe