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Meet Our Volunteers - Colin Freund

Topics: Accounting, SCORE, Small Business, Business Plan

SCORE Lancaster is just for business start-ups right? Not quite. This not-for-profit group is also a comprehensive resource for established companies. In fact, one counselor, Colin Freund, takes a special interest in assisting owners who are already walking the entrepreneurial path. Colin, who describes himself as a problem solver, often collaborates with other SCORE mentors to help business owners who are in the midst of a challenge. He says, "I often work best with clients who already have a specific problem in their business. We focus on one thing at a time to help them work through the issue." This…

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Here's How The Government Fabricates A Good Jobs Number

Topics: Accounting, Small Business

When the US government announced a 'better than expected' headline growth number in its non farm payrolls report for August, a loss of 'only' 54,000 jobs versus a forecasted loss of 120,000 jobs, people had to wonder, 'How do they do it? We do not see any of this growth and recovery in our day to day activity.' Here's one way that those reporting the numbers can 'tinker' with them to produce the desired results. As you may recall, there is often a very large difference between the raw, unadjusted payroll number and the adjusted number. Seasonality plays the largest…

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How to Make Sure Your First Hire Is the Right Hire

Topics: Accounting, Consultant, Management, Risk, Sales

My partner Chris and I needed to hire our first employee - someone to handle the financials for cPrime, our information technology project management, staffing and training services company. We took a chance and hired my personal banker away from Wells Fargo instead of bringing on an experienced executive we couldn't afford. Emily was young - 24 and fresh out of college - but I had a gut feeling that she was exactly what we needed. I knew from seeing her every couple of weeks that she was highly organized and professional, plus she was hungry to learn and be…

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KB Home says SEC investigation over

Topics: Accountant, Accounting, Investor, Joint Venture

The home builder's stock soars 11% after an announcement that there will be no action taken as result of an investigation into the company's accounting procedures. Shares of Los Angeles-based KB Home soared on Wednesday after the home builder said an investigation by the Securities and Exchange Commission into the company's accounting and disclosure procedures had concluded and no enforcement action would be taken. The company said in a statement Wednesday that it had received a letter from the commission closing the investigation, which began in October. Details of the inquiry weren't disclosed. KB Home closed at $11.45, up $1.14,…

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Get Paid Now

Topics: Accounting, Cash Flow, Credit, Small Business

Want to charge up your cash flow? Invoice and collect online. Here's how. Then Martinez signed up for American Express' If what follows sounds like something crafted by a guy on AmEx's payroll, please rest assured I'm not. What I'm doing, with Martinez's help, is trying to help your company be a little quicker, better and wiser. AcceptPay lets Martinez send customized invoices to her customers via e-mail. She imported a customer list so the amount of time it took for her to get up and running was minimal. Some of her customers get recurring invoices too, which the service…

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Hot Job: Lacrosse Coach for Howard University

Topics: Accounting, Loan, Management, Planning, Small Business

Job duties: Will instruct and coach groups or individuals in the fundamentals of sports, specifically lacrosse. Evaluate potential recruits and athletes' strengths and weaknesses to prepare for competitions. Plan, organize and conduct practice sessions. Identify and recruit potential athletes while arranging and offering incentives such as scholarships. Establish commitment to rules compliance and educate student athletes about the relevant rules and policies related to the NCAA conference and University eligibility requirements, as well as academic standards and the University code of conduct. The company: Howard University is a research-oriented private university that consists of 12 schools and colleges with a…

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