Basic Tax Extension Checklist For Your Small Business

Basic Tax Extension Checklist For Your Small Business

For those business owners who filed for a tax extension this year, the deadline is quickly approaching on October 15. Follow these accounting fundamentals now and throughout the year to be sure you are financially and legally prepared.

“Mike

Mike Foss received his M.B.A. from Cleveland State University and B.S from Slippery Rock University. Mike is a member of Institute of Management Accountants. He has a history of having a positive impact on growth, profitability, cash flow and working capital management with his fundamental practice of Minimize Risk/Maximize Wealth. Mike checks his email daily and welcomes any questions, comments, or inquiries to mike@fossbusinesssolutions.com

QuickBooks How To: Best Practice for Backing up Your Data File

QuickBooks How To: Best Practice for Backing up Your Data File

To safeguard QuickBooks data against loss or data corruption, create regular backups of company files. Here's how to do it.

“Mike

Mike Foss received his M.B.A. from Cleveland State University and B.S from Slippery Rock University. Mike is a member of Institute of Management Accountants. He has a history of having a positive impact on growth, profitability, cash flow and working capital management with his fundamental practice of Minimize Risk/Maximize Wealth. Mike checks his email daily and welcomes any questions, comments, or inquiries to mike@fossbusinesssolutions.com

Another Successful Beach Bash for Businesses

Another Successful Beach Bash for Businesses

Over 100 attendees convened at one of Cleveland's premier events for entrepreneurs.

“Mike

Mike Foss received his M.B.A. from Cleveland State University and B.S from Slippery Rock University. Mike is a member of Institute of Management Accountants. He has a history of having a positive impact on growth, profitability, cash flow and working capital management with his fundamental practice of Minimize Risk/Maximize Wealth. Mike checks his email daily and welcomes any questions, comments, or inquiries to mike@fossbusinesssolutions.com

Beating the Business Failure Rate

Beating the Business Failure Rate

According to a Dunn and Bradstreet study, 90% of businesses fail because of financial management, specifically poor cash flow planning.

“Mike

Mike Foss received his M.B.A. from Cleveland State University and B.S from Slippery Rock University. Mike is a member of Institute of Management Accountants. He has a history of having a positive impact on growth, profitability, cash flow and working capital management with his fundamental practice of Minimize Risk/Maximize Wealth. Mike checks his email daily and welcomes any questions, comments, or inquiries to mike@fossbusinesssolutions.com

FOSS Proudly Sponsors "Beach Bash" for Entrepreneurs

The 15th Annual Beach Bash celebrates entrepreneurs and new businesses in Cleveland.

“Mike

Mike Foss received his M.B.A. from Cleveland State University and B.S from Slippery Rock University. Mike is a member of Institute of Management Accountants. He has a history of having a positive impact on growth, profitability, cash flow and working capital management with his fundamental practice of Minimize Risk/Maximize Wealth. Mike checks his email daily and welcomes any questions, comments, or inquiries to mike@fossbusinesssolutions.com

Mid-Year Financial Checklist for Small Businesses

Mid-Year Financial Checklist for Small Businesses

Now is a great time for a half-year "check-in" on your business's finance goals. Here are 7 things to review on your mid-year financial checklist.

“Mike

Mike Foss received his M.B.A. from Cleveland State University and B.S from Slippery Rock University. Mike is a member of Institute of Management Accountants. He has a history of having a positive impact on growth, profitability, cash flow and working capital management with his fundamental practice of Minimize Risk/Maximize Wealth. Mike checks his email daily and welcomes any questions, comments, or inquiries to mike@fossbusinesssolutions.com

QuickBooks How To: Audit Trail

QuickBooks How To: Audit Trail

Use this tool to track your Quickbooks account transactions.

“Mike

Mike Foss received his M.B.A. from Cleveland State University and B.S from Slippery Rock University. Mike is a member of Institute of Management Accountants. He has a history of having a positive impact on growth, profitability, cash flow and working capital management with his fundamental practice of Minimize Risk/Maximize Wealth. Mike checks his email daily and welcomes any questions, comments, or inquiries to mike@fossbusinesssolutions.com

Small Business Advocacy

Small Business Advocacy

When it comes to supporting small business, COSE’s Advocacy Committee goes the distance.

“Mike

Mike Foss received his M.B.A. from Cleveland State University and B.S from Slippery Rock University. Mike is a member of Institute of Management Accountants. He has a history of having a positive impact on growth, profitability, cash flow and working capital management with his fundamental practice of Minimize Risk/Maximize Wealth. Mike checks his email daily and welcomes any questions, comments, or inquiries to mike@fossbusinesssolutions.com

FOSS Business Solutions Celebrating Three Years!

FOSS Business Solutions Celebrating Three Years!

We compete on providing quality work that we take Pride in, and always being here when our clients need us.

“Mike

Mike Foss received his M.B.A. from Cleveland State University and B.S from Slippery Rock University. Mike is a member of Institute of Management Accountants. He has a history of having a positive impact on growth, profitability, cash flow and working capital management with his fundamental practice of Minimize Risk/Maximize Wealth. Mike checks his email daily and welcomes any questions, comments, or inquiries to mike@fossbusinesssolutions.com

3 Credit Collection Metrics You Should Know

3 Credit Collection Metrics You Should Know

Staying on top of accounts receivable is the best thing a small business owner can do to maintain positive cash flow. 

“Mike

Mike Foss received his M.B.A. from Cleveland State University and B.S from Slippery Rock University. Mike is a member of Institute of Management Accountants. He has a history of having a positive impact on growth, profitability, cash flow and working capital management with his fundamental practice of Minimize Risk/Maximize Wealth. Mike checks his email daily and welcomes any questions, comments, or inquiries to mike@fossbusinesssolutions.com

How Often Should You Spend Time on Cash Flow?

How Often Should You Spend Time on Cash Flow?

Cash flow management and forecasting should be a weekly activity.

“Mike

Mike Foss received his M.B.A. from Cleveland State University and B.S from Slippery Rock University. Mike is a member of Institute of Management Accountants. He has a history of having a positive impact on growth, profitability, cash flow and working capital management with his fundamental practice of Minimize Risk/Maximize Wealth. Mike checks his email daily and welcomes any questions, comments, or inquiries to mike@fossbusinesssolutions.com

Why Small Businesses Can't Keep Up

Why Small Businesses Can't Keep Up

Most small to mid-size businesses need help with their operational financial management.

“Mike

Mike Foss received his M.B.A. from Cleveland State University and B.S from Slippery Rock University. Mike is a member of Institute of Management Accountants. He has a history of having a positive impact on growth, profitability, cash flow and working capital management with his fundamental practice of Minimize Risk/Maximize Wealth. Mike checks his email daily and welcomes any questions, comments, or inquiries to mike@fossbusinesssolutions.com

Are You Audit Ready?

Are You Audit Ready?

The one sure way to be prepared for the IRS is to maintain balanced and organized financial records.

“Mike

Mike Foss received his M.B.A. from Cleveland State University and B.S from Slippery Rock University. Mike is a member of Institute of Management Accountants. He has a history of having a positive impact on growth, profitability, cash flow and working capital management with his fundamental practice of Minimize Risk/Maximize Wealth. Mike checks his email daily and welcomes any questions, comments, or inquiries to mike@fossbusinesssolutions.com