Monday, August 27, 2012

Do I have to do my accounting?

Do I have to do my accounting?
We revisit this topic every so often as we continue to see people not doing the accounting for their business.  The simple answer is yes-you have to get the accounting done.  If you really don’t like to do it yourself then you need to build a bookkeeper or accountant into your budget.  No matter how small your business is, you just can’t run it properly without good numbers and you cannot get good numbers without someone doing the accounting.  We thought the evolution of accounting software programs like QuickBooks or FreshBooks would reduce this problem, but there are still a lot of people who don’t enjoy the numbers the way we do!  I don’t know if it is fear (fear of doing it wrong or fear of the results you get?!) or just a feeling that the work is tedious, but we still see people procrastinating and it makes us sad. 

Establishing a good process for your bookkeeping/accounting functions and staying current will empower you.  Even if the numbers paint a bad picture, you still have the knowledge and it will help you pinpoint the source so you can start fixing it. 

Do I have to do my accounting?  Yes-but look towards the reward of gaining the knowledge and not at the tedium of completing the process.

Thursday, August 9, 2012

On the Merits of Being Quiet

I recently read this article on Fast Company from their Guest contributor Roberta Chinsky Matuson and LOVED the message. I simply have to share it with you! For those who know me, I strive to be more quiet!!! Beth

"Some of you may have tried to reach me this morning and found that I was unavailable. That’s because I was knee high in muck with my husband and some friends. We were out having what I call clamming wars, here on Cape Cod.
I have to admit, my team was quite vocal everytime we scored a clam, which by my count was many. The other team raked for clams quietly in the distance. You can imagine our surprise when the quiet team hauled in considerably more clams than our team. Who would have thought?
Sometimes we forget that the most productive people in an organization aren’t the ones who make the most noise. In fact, it’s often the quiet ones who out-produce everyone else.
Here are some reasons I think this is so.
Being quiet strengthens focus. It's hard to focus on the task at hand when you yourself are making so much noise. The other team, who participated in the clamming wars, never took their eye off the prize. Our team, on the other hand, did a happy dance in the sand every time we hit pay dirt. In retrospect, this was probably valuable time wasted.
Being quiet calms others. Quiet people have the ability to calm those around them. For example, when everyone is stressing out because it looks like a team isn’t going to meet their deadlines, it’s usually the quiet people who are able to calm people down and carry them over the finish line.
Being quiet conveys confidence. You don’t have to prove anything to anyone when you are confident. You know you do a good job and you believe that eventually others will take notice.
Being quiet means you think before you speak. Quiet people are usually thoughtful thinkers. They think things through before making a statement. Something you probably wish many of your workers would do before taking up your valuable time.
Being quiet gives you the space to dig deep. Quiet people tend to delve into issues and ideas before moving on to new ones. Compare this to the surface people in your organization, who often move onto other matters without giving thought to the gold that may be sitting right below the surface.
The next time you evaluate team performance, be sure to give credit where credit is due. Remember that at the end of the day, it’s not about the noise one makes, but what one actually gets done."
Guest contributor Roberta Chinsky Matuson is an internationally recognized expert on increasing profitability by maximizing employee contribution. Her website is She is the author of Suddenly in Charge: Managing Up, Managing Down, Succeeding All Around, a Washington Post Top-­5 Leadership pick. Download a free bonus chapter. Her new book, The Magnetic Workplace: How to Hire Top Talent That Will Stick Around will be published in 2013. Sign up to receive a subscription to Roberta’s complimentary newsletter.