New Business Directions

? Are you struggling with inventory headaches? Our latest article is designed to help you more effectively manage your stock so that you can: ? Say goodbye to overstocked shelves & wasted cash. ? Stop running out of stock at the worst times. ? Get real-time insights to optimize purchases & storage. Read up on the New Business Directions blog:

Inventory Management = Business Success ?? Prioritizing smart inventory management isn’t just about strategizing stock levels—it’s about profitability, cash flow, and customer satisfaction. It can help you: ? Reduce waste & avoid costly write-offs ? Free up cash to invest in business growth ? Ensure you always have the right products at the right time We help businesses implement real-time tracking & automation to make inventory work for you - check out our latest article for more information:

Think excess stock is just "extra" product? Think again! ??? ?? The real cost of surplus inventory: ? Increased risk of damage & theft ? Higher insurance & storage expenses ? Write-offs that hurt your bottom line ? Tied-up cash that could fuel business growth ?? Smart inventory management = more cash, less waste, and better profits. We help businesses implement real-time tracking & automated systems to keep inventory lean and efficient. Check out our latest article to learn more:

?? Inventory mistakes are costing your business money! ?? Too little stock? You’re missing sales and disappointing customers. Too much stock? You’re tying up cash and risking waste. Finding the right balance is key to profitability & cash flow. Real-time tracking & smart purchasing strategies can help. Learn more at our latest blog post:

#Intuit is rolling out some #newfeatures with the latest version of QuickBooks Desktop Enterprise Solutions. Here's what you need to know: - You can record and track customer #prepayments on estimates and sales orders to streamline cash flow and apply them seamlessly when estimates convert to invoices. - The #TurnoverReport allows you to use key metrics like Turnover Ratio and Turnover Days to optimize inventory performance and maintain the right balance for expanding your business. - You'll be able to get orders to customers faster and track products purchased more efficiently by linking sales orders to purchase orders. - #InventoryReport enhancements will give you inventory details at a granular level, including expiration dates, lot and category specifics, and landed costs, to better manage your expanding product lines. Curious about how these new features could benefit your scaling business in 2025? Reach out to us at: https://lnkd.in/eHbR8uYF

We're excited to welcome Katarina Thornton to the New Business Directions team as our new Executive Assistant! Since joining us, Katarina has been a key player in behind-the-scenes support, streamlining our processes and helping us swiftly meet the needs of our customers. Katarina comes from Slovakia, where she earned her Master’s Degree in Marketing Management from Comenius University in Bratislava. She now lives in New Hampshire with her family, and joined our team in 2024 as an Executive Assistant. In her spare time, Katarina enjoys traveling and cooking, but most importantly spending her time with her baby son Oliver. Welcome to the dream team, Katarina!

We are excited to share that Rhonda Rosand, CPA and Founder of New Business Directions, LLC, is featured in Insightful Accountant's Top ProAdvisor Profiles! Read Rhonda's interview here: https://loom.ly/6JSiDJw

While arriving at a price point for the products and services you offer depends on factors specific to your niche and industry, there are 5 key pricing strategies that can be useful to consider when reviewing your business model: 1?? time and materials pricing 2?? cost-plus pricing 3?? market pricing 4?? target pricing 5?? value pricing Dive into each one here: https://lnkd.in/eZVxarHf --- #PricingMethods #AskAnAccountant #PricingModel #PricingStrategy

Happy Holidays to our New Business Directions family! ?? As the year winds down here in beautiful North Conway, we find ourselves reflecting on what truly makes this season special: gratitude, connection, and community. This year has reminded us once again how fortunate we are to work alongside such incredible people—both in our office and beyond. Whether you’re preparing for growth, refining systems, or evaluating how you can turn a greater profit in 2025, we are here—enthusiastically—whenever you need us. Wishing you and your loved ones a holiday season full of peace, joy, and connection—here’s to living your dreams in 2025.

?? Who needs a 1099-MISC? Let’s break it down! If your business paid: ? $600+ in rent, prizes, or awards ? $10+ in royalties …then you’re required to issue a 1099-MISC to the recipient. Examples include: ?? Paying rent to a landlord ?? Giving out prize money or awards ?? Sending royalties for creative works ??Pro Tip: Always collect a W-9 upfront to have their tax details ready when it’s time to file!