Struggle With Debt?

By Raquel Morphy | January 19, 2009

Learn The Secret to Finally Paying Debt Quickly

If you’ve struggled with debt for any amount of time, you know how it can feel like you’re in a big black hole, you just can’t seem to dig yourself out of. Balances never seem to go down and you need to keep tapping into credit cards just to make ends meet.

There is plenty of debt advice out there and you may have tried things like debt consolidation, making large payments to your debts to try to pay them faster and other methods that just don’t seem to work. Things just keep getting more and more difficult to manage.

But it really doesn’t have to be that way…

If you’ve been able to keep up with your minimum monthly payments until now, there is a solution for you. And it’s remarkably simple if you follow the appropriate steps laid out for you.

I’m talking about the “Pay Debt Quickly Kit” that shows you how to:

- Pay debt off faster without having to make any large payments.

- Get what you want from your creditors to pay off your debt faster and even improve your credit score.

- Make drastic changes in the way you think about and handle money without feeling like you’re deprived in any way.

The kit includes everything you need to get to debt-free faster. From software that helps you quickly and easily calculate your precise debt-free dates to strategies to take control of your finances and even work with your creditors so that you benefit, instead of them – this kit has what you need to eliminate your debt.

Learn more & get debt-free at: Paydebtquickly.com

Everything is available for instant download and you don’t have to wait for anything to come in the mail. That means you can start sleeping better and stop worrying about your debt, starting RIGHT NOW.

Topics: Finances | No Comments »

Trouble Staying Afloat with Your Business?

By raquel | December 16, 2008

You may have started your own business for freedom from a regular J-O-B, to follow a passion, express your creativity or any number of great liberating reasons. But then something happened and it became tougher and tougher to stay afloat. It’s not easy to keep sales up and all the while, your expenses are increasing and debt is growing.

 

If things have been getting tough and you feel the entrepreneurial walls closing in on you, take heart. Most small businesses face tough times at some point and even though it seems like there is no way out, there are some very practical solutions and strategies you can implement to reverse the vicious cycle.

 

One way you can do this is what’s called a “Small Business Turnaround”. This is a process of reorganizing your business so it’s profitable, you’re able to pay bills when they are due and you can also earn a decent living for yourself.

 

Turnarounds are generally conducted by Turnaround Consultants, but they don’t come cheap. It can cost thousands upon thousands of dollars to work with a consultant and when your business is suffering, it seems impossible to come up with that kind of cash.

 

If your business is in dire need of an AFFORDABLE turnaround and you’re willing to roll up your sleeves and get a little dirty, here is the perfect option…

 

Van Lanier’s Turnarounds Made Easy is a unique 6-month program that provides you with weekly guidance and assignments to get your business back on the right track. It even includes a Quick Start Up Plan, so you can see some immediate relief.

 

Van has been a Turnaround Specialist for over 3 decades and knows what it takes reorganize and structure your business because you shouldn’t have to scramble around every single month. As a member of Turnarounds Made Easy, you also receive personal expert guidance to ensure you’re moving in the right direction.

 

The program will help you:

 

- Take control of your cash flow, so you always have what you need available.

- Easily implement financial analysis to help diagnose your business troubles.

- Find your real core business that you can build around.

- Arrange reasonable payments plans with your creditors.

- Raise your prices for bigger profit margins.

 

…and more. It’s exactly what you need to turn your business around. All the details are available at Van’s website:

 

Small Business Help! 

 

If you’re struggling and hoping the problem will just go away, it won’t. Start making changes today instead.

Topics: Finances | No Comments »

My Word For Today

By Raquel Morphy | June 2, 2008

Last week I had that amazing privelege of being on a call for a client with Ellen Rohr of www.barebonesbiz.com discussing bookkeeping and other financial strategies. It was a great call and very informative.  Having another set of eyes on the financial structure of my client’s business  really gave me some good insight as to what my client’s roles should be within their own companies from a financial sense.

The word that stuck with me after the call was Steward. We always hear about companies offering services that will  mind business so you don’t have to — enabling you to focus on what you are good at. Well what a mind shift I had after the call. Yes , if you are good at marketing or writing you should have a team in place to do the bookkeeping and web design, so you can get to the core of building and maintaing your businessbut you still need to be responsible for the financial position of YOUR company. You need to take interest in what the financial blueprint of the company tells you. Just remember a great team always needs a great leader. Information gives you that control over your financial future.

It is with this information that you can really start to make better financial decisions, grow your business and make changes that are important for your financial strength.

I invite you to comment on how you are going to learn about becoming the Steward for your company. 

Topics: Uncategorized | No Comments »

Business Credit Cards - Bookkeeping Made Easy

By Raquel Morphy | May 11, 2008

A small business credit card has a number of advantages. In addition to being able to help with start up costs and providing special rewards that are meaningful to business owners, business credit cards can make bookkeeping much easier. In fact, using a business credit card can take nearly all of the headaches of keeping track of expenses out of your hands, giving you time to focus on company growth.

Business Expenses

To help keep bookkeeping a snap, you can place all of your business expenditures on your business credit card. By having a separate personal credit card and business credit card, you dont have to worry about sorting through your credit card statement to determine which were for your business and which purchases were for personal reasons. In addition, this helps keep the liability for repayment on your business rather than on you personally, which is particularly important if you form any type of business configuration other than a sole proprietorship. In the eyes of the law, other business formations, such as LLCs, are their own entity. Therefore, you are not held personally responsible for the business expenditures because the company is responsible.

Itemized Statements

Generally, business credit cards also provide the cardholder with itemized statements. These may be monthly, quarterly, or annually, depending on the card. Therefore, when you compare business credit cards, you should inquire about how often these statements are issued and choose the one that best suits your business needs. This feature is quite helpful because it frees you from having to keep track of all of your receipts. Instead of sorting through numerous receipts at tax time, you can simply use your itemized statement or take the statement to your accountant. To help make things easier, some of these itemized statements will even categorize your purchases into different areas needed for filing taxes, such as Office Supplies, Entertainment, and Postage.

Earning Rewards

In addition to assisting you with bookkeeping, business credit cards can also help you save money. Many offer travel rewards, special business related discounts, or cash back rewards. When you compare business credit cards, be sure to look at the various incentives they offer in order to find the one that best suits your business. If you purchase a great deal of office equipment, for example, you will want a card that provides points or cash for making such purchases.

If your business requires you to travel frequently, you might want to get a business credit card that provides airline mile rewards. These cards typically offer other benefits that are attractive to the traveling businessperson, such as baggage protection, travel insurance, rental car insurance, and discounts at hotels. Again, these cards take away some of your bookkeeping hassles because you dont have to worry about acquiring these forms of extra protection on your own. Simply use your business credit card and you are covered.

Carrying a Balance

If you anticipate carrying a balance on your credit card from one billing cycle to the next, you should definitely look into acquiring a business credit card with a low APR. Some offer special introductory rates that can last for up to a year depending on the credit card and your credit history. Take full advantage of these cards to get your business up and running and work toward being capable of paying the balance off at the end of each billing cycle. For some businesses, however, carrying a balance is inevitable. Sometimes, paying the balance depends on customer invoicing and customers may not always be reliable about paying their invoices on time. Or, your business may have slow periods where more cash is going out than coming in. In these cases, it is best to acquire a card with a low APR, but that still provides you with all of the desirable bookkeeping features. For more discussion on how business credit cards can help make bookkeeping easier to manage, Robert Alan recommends that you visit CreditCardAssist.com.

Topics: Bookkeeping Tips | No Comments »

Shopping Cart Tips

By Raquel Morphy | April 17, 2008

RM Business Solutions can provide your small business with the benefits and advantages of an internal accounting office without the overhead.

RM Business Solutions can take care of many accounting department functions for you, such as:

RM Business Solutions can also provide your business with solutions for web-design, marketing, customer service as well as other business needs.  We have partnered with some of the best in the industry. Email us now at raquelmorphy@rmbizsolutions.com

EasyWebAutomation / 1Shopping Cart / Cartville Users: We specialize in shopping cart software and integration into your bookkeeping cycle.

MORE THAN JUST A BOOKKEEPER : RM Business Solutions prides itself in creating positive business relationships with a network of professionals focused on addressing the needs of the Solo-Entrepreneur.

Need a business coach or a website? RM Business Solutions can connect you to the right people to get the job done.

Topics: 1ShoppingCart Tips | No Comments »