How Much Time and Money Are You Wasting Doing Payroll In-House?

How Much Time and Money Are You Wasting Doing Payroll In-House?

“It’s not rocket science.” That’s what I frequently hear from business owners after asking, “Why in the world are you preparing your own payroll?” It turns out there’s a disconnect: between how simple a task may be, and how appropriate it is to do it yourself. Is It...
Are You Afraid to Change CPAs?

Are You Afraid to Change CPAs?

Most small and mid-sized business owners rarely change accountants—even when they should. There was the owner who was completely surprised to learn he owed $42,000 more in taxes than he expected. Another who received a nasty compliance letter out of the blue. And one...
Do You Have a “Splitting “Headache?

Do You Have a “Splitting “Headache?

An accountant walks into a bar . . . No, it’s not the beginning of a corny joke. It describes a visit I once made to a client. Her books were in shambles. She was bouncing checks right and left. She never had as much money in the bank as she thought she should. And...
Making Friends with Your Numbers

Making Friends with Your Numbers

Have you hesitated about rolling up your sleeves and digging into the financial side of your company? Then read on. This information will add years to the life your business—and make sense of your conversations with accountants and other trusted advisors. Let’s Start...
Outsourcing: When to Use an Outside Resource for an Inside Job

Outsourcing: When to Use an Outside Resource for an Inside Job

When people ask what NPS does, I say, “We’re the guys in accounting. All those activities that end in the phrase ‘walk it over to the number crunchers’—that’s us.” We’re an outsourced Accounting Department, from bookkeeper to controller to CFO. Outsourcing is a...
Do You Have Your Company’s “Number”?

Do You Have Your Company’s “Number”?

Every business has a number. Now I’m the numbers guy, so of course I’d say something like that. I’ve even written before about key performance indicators (KPIs) and how crucial they are to managing any business. I’ve discussed the ways in which numbers help our...