Tag Archives: education

Spending Money To Make Money; How Much Should You Spend On Marketing And Education?

We often hear from some of our clients who are willing to spend inordinate amounts of money to try to make their businesses run better. We also hear from clients who are risk averse. Although there’s not really a wrong way or right way of doing things, we thought we could offer some advice on how to determine whether you should or shouldn’t spend the money, and why or why not.

business education

ElasticComputeFarm via Pixabay

Let’s talk about education. Training is something every business should spend money on. All sorts of training; sales, marketing, budgeting, education on what your business is geared towards… no matter what it is, education should always be a part of your business expenses.
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Why We Teach Quickbooks

T. L. Wall Accounting helps businesses and individuals learn how to budget and track their money. We offer services where we can do it for them, but often they want to do it for themselves. When people go looking for a solution that will help them track these things on their own, we recommend and teach Quickbooks.

Quickbooks is business accounting software that can also be used for home budgeting. There is a learning curve to it, but most people can learn how to use it in a day or so. It allows you to track income and expenses, categorize them so you know what they are when you run reports, and you can even use it to create checks so you don’t have to go out and buy them from anyone. If you run a large office you can network it so that everyone has access or you can run the program as a standalone.

This is very powerful software. You can generally categorize in 3 categories, depending on whether you want to track bills, revenue or employees. It interacts with Microsoft Excel and Word. You can also print information out in a pdf format, in case you want something that can’t be altered. You can use it to send out invoices. You can use it as a contact management system, as it will interact with Microsoft Outlook as well.

In other words, if you want total control of all the financial aspects of your business or personal life, Quickbooks will get it done. Of course, it all still takes time, but if you want to know what’s going on at a moment’s notice, this program is great to have. And yes, there are tutorials, but if you need help, that’s why we’re here. We provide both group and individual training, customized for your needs.