Understanding The Miscellaneous Category

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Today I wanted to help you understand the miscellaneous category, so that you don’t land yourself in hot water with the bullies at the IRS.   There is a weird category we see a lot from our clients that I wanted to go over with you today.   First, I want you to think about your ledger from the eyes of an IRS auditor… If…

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Do Your Bookkeeping In-house Or Outsource?

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Bookkeeping, do you keep it in-house or do you outsource? How do you know which method is best for you? Now, I know that as an accountant, you may consider my opinion on bookkeeping biased, and to some degree, I will admit that it may be… We at Incite Tax & Accounting, are AMAZING at what we do, and have a far more advanced knowledge…

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Managing Monthly Charges For Your Members

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Today, I want to address a really great question about managing monthly charges for your members… You may be wondering, should I be asking all my members to be paying their membership dues on the same day every month? For example, everyone is billed monthly on the 10th of the month… This question was sent to me by a client who was struggling to realize,…

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Are You Tracking Member Attendance?

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Today’s topic…Tracking Member Attendance.   I touch on the importance of Tracking Member Attendance a bit more in my book Profit First For Microgyms, but today, I wanted to go over it briefly for you.  Tracking Member Attendance is not necessarily about tracking EVERYONE who attends, but tracking when members DON’T attend or maybe only attended once or twice. These numbers can be a KEY PREDICTIVE…

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