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Tuesday, December 9, 2008

Hello, [Firstname].

November was a banner month for GrowthForce. We won Small Business of the Year for 2008 by the Small Business Development Center of Lone Star College – Kingwood. Thanks to all our friends who've supported our growth and our talented staff who enjoy helping our clients reach their growth potential.

This issue of GrowthForce E-News is focused on some best practices to utilize in a cost-cutting economy. It also announces several seminar opportunities that you won’t want to miss in the New Year. So get out your calendar... and register today.


Year End Checklist

Santa is making a list and checking it twice, and you should too! We recommend that businesses complete a year-end checklist as part of their best business practices.

To end the year right, review our checklist - available HERE.


Tips and Tricks

QuickBooks 2009 Update
Last month we recommended you wait to update to QuickBooks 2009 due to problems with the banking download. We’re happy to say the new patch was delivered on time last week and we will be testing it over the next few weeks. We’ll let you know when its safe to jump in... we’re almost there.

Microsoft Office 2007 - Flash Training Tool
Have you been stymied trying to learn the great new features in MS Excel 2007? Are you having trouble figuring out how to do something in the 2007 version that was so easy in MS Excel 2003? Well help is click away. At the CPE Expo sponsored by the TSCPA this month, we learned about a flash tool that allows you to easily figure out where your favorite Excel 2003 commands are located in the new Excel 2007 interface. Click the link below, and follow Start The Guide. Once you're there, rest the mouse pointer over an Excel 2003 menu or button to learn its new location in Excel 2007. It is that easy. http://office.microsoft.com/en-us/excel/HA101491511033.aspx


Speak Loud on a Small Budget

The Greater Houston Partnership recently hosted an excellent speaker whose talk was timely for small businesses feeling the economic pinch. Charles Bedard of The EPHOR Group presented “Speak Loud on a Small Budget.” The presentation by the venture capital firm based in Houston highlights affordable marketing secrets suitable for small businesses.

Click HERE to download the PowerPoint presentation.


Upcoming Events

How Not to Get Ripped Off by Your Office Manager
Unleashing the Power of QuickBooks 2009 & Internal Controls Seminar for companies that use QuickBooks
Presented by GrowthForce
Tues., Feb. 3, 2009
11:30 a.m. – 1 p.m.
Bank of America
5718 Westheimer
Houston, TX 77027-3084

Click HERE to Register.

We all have heard stories of small business owners being ripped off by a trusted employee or advisor. In fact, privately-held businesses are more likely to be victims of internal fraud because of lack of proper bookkeeping controls.

The statistics* are staggering:

  • The median loss in a privately-held business is $123,000
  • Two-thirds of frauds are from employees – only 12% had a criminal record
  • 42% of all frauds originate in privately-held businesses
  • Frauds continue for an average of 18 months before being discovered

Don’t let this happen to you. QuickBooks has new internal control features that every small business owner needs to know. Attend this informative seminar by GrowthForce that will supply simple preventive measures to avoid internal theft and fraud using QuickBooks.

This seminar is for business owners and CPAs only. Don’t bring your office manager – you’ll learn about internal control secrets only you should know. Remember: no internal control system can be based on trust alone.

CPAs note: You can earn CPE credits by attending the January seminar. Or you can join Briggs & Veselka, TR Moore, GBH CPAs and dozens of other CPAs in Houston who earned CPE credits from GrowthForce in their own offices. We’re taking reservations for internal controls and QuickBooks 2009 update seminars.
Click HERE to Register.

*Source: Association of Certified Fraud Examiners www.cfenet.com.


Association for Accounting Marketing Luncheon
Global Chaos - Making Sense Of The World Economy
Tues., Jan. 6
11:30 a.m. - 1:00 p.m.
Speaker: Michael Hick, Managing Director, LITMUS Consulting
Junior League of Houston
1811 Briar Oaks Ln # 6
Houston, TX 77027

Every business in the working world now knows we live in an age of global dependency. Like it or not Globalization rattles our comfort zone. So... we either deny it, and disappear from the stage, or we understand it and succeed. Join the Association for Accounting Marketing at their next luncheon to see how you are best positioned in a global economy.

Cost: $30 for AAM members, $40 for non-members
Register: Online Registration or fax/mail Printable Registration
View Attendee List
Questions/More information: Christine Spray, AAM Houston Chapter President - cspray@cfw-cpa.com or 832.264.4041

Visit the AAM Houston Chapter web page for the full 2009 events schedule.


Houston CPA Society Scholarship Extravaganza
Sat., Jan. 17
7-10 p.m.
J.W. Marriott Hotel
5150 Westheimer, Houston
Click HERE for Event Description and Sponsorship Opportunities


Click HERE if you’d like more information about GrowthForce’s outsourced bookkeeping and financial services
or call 281-358-2007.

 

Open Opportunities

GrowthForce is growing its work force. Please forward this newsletter to spread the word or click below to learn about job opportunities.


Recent Events


GrowthForce CEO and Founder Stephen King (center) accepts the 2008 Small Business of the Year award from Dr. Katherine Persson, president of Lone Star College – Kingwood, and Dr. Richard Carpenter, chancellor of the Lone Star College System.

GrowthForce Named Small Business of the Year
GrowthForce was selected the 2008 Small Business of the Year by the Lone Star College System. GrowthForce received the honor at the 22nd Annual Small Business Development Center Advisory Council Small Business Awards Banquet held on Nov. 20 at The Woodlands Waterway Marriott Hotel. Click HERE for the news release.

GrowthForce in HBJ
The Houston Business Journal published a column written by GrowthForce CEO Stephen King in its Nov. 14-20 edition. King wrote about the CPA shortage due to Sarbanes-Oxley and the recent resurgence of interest in accounting by college students.


Make-a-Wish child Chloe Rodriguez and her mom hold her painting that was auctioned off at the Houston CPA Society Golf Classic on Oct. 27. Larry Reimert (on right) purchased the “wish art” and then gave it back to the Rodriguez family.

Houston CPA Society Golf Tournament Raises $175,000 for Make-A-Wish
Houston CPA Society Executive Director Nancy Rutledge reports that the golf tournament netted a record $175,000 for the Gulf Coast and Louisiana chapter of the Make-A-Wish Foundation - enough to fund 35 wishes of children with life-threatening medical conditions. GrowthForce CEO Stephen King served as the evening’s auctioneer.


Upcoming QuickBooks Training

QuickBooks Training Class
Taught by GrowthForce Senior Manager of Accounting Systems
Margaret F. Gow, CPA*
Thurs., Jan. 15, 2009
8 a.m.- 5 p.m.
at EMLOYER FLEXIBLE PEO, 7904 North Sam Houston Pkwy. West, Houston

This introduction to the QuickBooks system offers everything a novice user of QuickBooks needs to know to get started. You’ll learn about creating Lists – Chart of Account, Items, Centers; bank account and balance sheet activities; selling and paying for goods and services; reporting results, tracking time and designing forms and letters. The cost is just $299 per person.

Click HERE to be contacted with more information.

QuickBooks Advanced Training Class
Taught by GrowthForce Senior Manager of Accounting Systems
Margaret F. Gow, CPA*
Thurs., Jan. 22, 2009
8 a.m. - noon (session 1)
1 p.m. - 4 p.m. (session 2)
at EMLOYER FLEXIBLE PEO, 7904 North Sam Houston Pkwy. West, Houston

Session 1: Learn how to handle payroll, inventory and non-routine transactions in QuickBooks. The class will review inventory – setting up items, using units of measure, building assemblies, difference between a group and an assembly. We will also cover the basics of payroll – setting up employees, payroll schedules, paying liabilities and payroll reports from QuickBooks. Some unusual transactions: writing off bad debts, customer deposits, barter transactions, paying multiple invoices to one vendor with multiple checks as well as account number tricks and more fun tips.

Session 2: Learn about the 2009 QuickBooks improvements: time tracking and integration with Outlook, improved Time and Billing Invoicing, Vendor account pre-fills, Accountant’s copy, Client Data Review, working trial balance, remote access, Intuit Statement Writer, multi-currency, bank and credit card downloading, multi-user messaging, improved bank account reconciling, company snapshot, and more!

The cost is just $299 per person, both sessions, or $199 per person for just one session. Click HERE to register.


* GrowthForce is not a CPA firm.