Blog
Vendor Negotiation Tips for Hampton Roads Business Owners
Is your hustle muscle feeling strong right now? I hope so because if your business is going to make it moving forward, it’s going to have to be – at least for somebody on your business team. This inflationary environment virtually demands it (as does a likely...
A Cutting Expenses How-to for Hampton Roads Businesses
As a small business owner, you’re battling on a lot of different fronts right now. You’re doing your best to keep employees happy, raise prices without driving away customers, pivot to alternative supply options as your current ones dry up, adjust for changing...
The Art of Raising Prices for Hampton Roads Small Businesses
The unfortunate reality of things right now is that businesses across the board might need to raise their prices. Inflation’s increasingly pervasive effects, as well as continued supply shortages, demand that pricing models change – or at least be...
Raises and Inflation: Hampton Roads Business Owners, Listen Up
Everywhere I turn there’s a Hampton Roads business with a “Now Hiring” sign in the window. Are you seeing this too? Staffing is an issue in every industry across the country. Part of that? Making money isn’t the only reason people want a job. 2020 certainly...
Virginia Accounting Services’s Fighting Inflation Series: Taking Out a Business Loan
Today I want to start a series on how small businesses like yours can fight inflation. Because I know that’s one of the top concerns for businesses across the country right now. But I’d also like to know…How’s your business faring? I’m genuinely interested in how...
The Word on Payment Methods for Hampton Roads Businesses
…payment methods!Try to come up with one thing that’s more important to your Hampton Roads business than taking in revenue smoothly. Yeah, I couldn’t, either.And making sure that revenue is coming in becomes almost an obsession when you’re feeling the squeeze of...
Alleviating Cash Flow Management Pains for Hampton Roads Businesses
[1] Because we’re talking cash flow management today… with a recession looming on the horizon and the effects of inflation being felt so hard in everyday life, it’s difficult not to freak out over what lies ahead for your Hampton Roads small...
Why Should Hampton Roads Businesses Care About FASB and GAAP?
Yes, inflation isn't slowing down, even here in Hampton Roads.Though it's not the main thing I'll be writing about today, I did want to point out this economic elephant in the room for my Norfolk business owner readers and clients, and not just speed on by...
An Accounting Methods Rundown for Hampton Roads Businesses
Before I get into accounting methods basics today (a subject near to my heart) ... I hope you were able to get in on some Memorial Day activities this past weekend (though I know some Hampton Roads business owners are in the thick of things during this commemorative...
Making the Most of Your Hampton Roads Business’s P/L Statement
In the arena of not-so-good news, along with so many other things these days, it looks like IRS interest rates have gone up for Quarter 3. Inflationary insults to injury for Hampton Roads business owners.These days are getting tougher. Hang in there.Now … the one...
Virginia Accounting Services’s Guide to the Profit and Loss Statement
As a small business owner, you’re often preoccupied with all the things that go into running your Hampton Roads business – the daily logistics, managing employee workflow, paying the bills, bringing in more customers… making a profit. Let’s focus on that last...
Three Financial Statements Hampton Roads SMBs Need To Get Right
If you’re a successful Hampton Roads business owner in this high-pressure time, you’ve learned to master the art of the pivot. Pivot on pricing, pivot on operations, pivot on hiring, pivot on supply, pivot on financials... Successfully pulling it off is...
