Getting Close

Hi There!
The software development for the on-line payroll system is nearly finished. All that remains is the year end processing (W2 Forms and such), and some additions and security programming for the control system. We are on track to launch the product in February of 2009.

Small business is suffering under the weight of the cost of health care, until a few days ago, the staggering cost of energy, and now the economic downturn, affecting people's purchasing power everywhere. We will attempt to provide an excellent value to small business when we launch.

Please do not forget to go out and vote next week. It is crucial.

What We are Doing

Hi!

Just back from a trip to Washington State to visit family. I had never been there before and it is a beautiful state, from one end to the other. It always takes a little effort to get back up to work speed, especially for someone like myself, a one-person firm. But I have been doing what I do for 25 years. Our software, which will start going on line early next year, is 25 years young, in terms of its business logic, but has a whole new user interface, which will make it easy to do ALL of your accounting on our family of sites: GO-PAYROLL.COM, GO-RECEIVABLES.COM and GO-CHECKBOOK.COM. Regardless of your type of business, you will find an easy-to-use, economical and powerful place to manage your business's payroll, receivables and financial reporting.

In the next month, I will update the website (www.go-payroll.com) with more detailed information about the services available, and will also have available sample kits and user manuals that you can download to check out what we are doing.

Talk to you next week!

Small Business Philosophy

Hi!
This week I want to open up the discussion about small business and its needs. It is a well established fact that over 50% of the employment in this country is provided by businesses of 25 or fewer employees. And yet we small businesses are very often overlooked when it comes to tax benefits, business assistance and so forth. Just look at the current bailout bill. Is there anything for small business here?

Be that as it may, we need to persevere in this difficult economy. The most important thing to remember is to keep debt and overhead as low as possible. My first business lasted only a few years back in the 70s and early 80s before it was acquired. I have had my current business 24 years. The primary reason is that I have managed to stay debt free and have a low level of overhead. Thus this small business has allowed me to make a living for 2-1/2 decades. It is important to watch these areas carefully, especially as the economy slides into whatever euphemism you care to use. Do not waste money on bank fees, office supplies, office space, and most especially interest expense. Spend carefully, and then make every purchase count. We will, in future posts, get into detail about all these areas, and provide useful information about how to maximize the value of what you buy, keep excellent records, and competently manage the financial area of your small business.

Have a great week!