512.892.8990 info@121-business.com
New Sage 50 Scorecard for Restaurant Managers

New Sage 50 Scorecard for Restaurant Managers

By Suzy Payne Rabb

Stay on track with the key performance indicators that can mean success or failure for your restaurant. Use this tool to inform, motivate, challenge and incentivize restaurant managers to build more profit into your bottom line.

Most accounting software solutions can’t provide this level of performance scorecard reporting. Other solutions provide a part, but require a lot of manual Excel work to provide a complete report. Sage 50 (Peachtree), with the new Sage Intelligence reporting tool, can be setup to output this report directly from Sage 50 into Excel with ZERO extra Excel work.

Use this report to monitor where you are today, pinpoint problem areas and take action to increase profit.

Important Restaurant Key Performance Indicators
Works with Your Existing Chart of Accounts
Works with Versions 2012 and Beyond
No More Excel Editing, Copying, Pasting to Get What You Need
Modifications to Standard Layout are Available

Click here to see the full report.

Contact me today for details on how to add this reporting to your Sage 50 system.

Suzy Payne Rabb
Sage 50 Solution Provider
Your Live, Online Guide to Sage 50 Success
512.892.8990
 
Send email to suzy@121-business.com
Website: www.121-business.com
Join my professional network at Linkedin and follow me on Twitter.
Build a Killer Website

Build a Killer Website


From:  Build a Killer Website: 19 Dos and Don’ts and Inc.com

If you do it right, your website can be the best marketing tool you have.  Ilya Pozin, founder of the Web design firm Ciplex, on how not to screw it up.

Important Dos

Set smart goals.  And make sure they’re measurable. Here are a few great ones a Web designer wants to hear: increase conversion rates, increase sales, generate more leads, reduce overhead, and improve brand awareness.

Plan on becoming an SEO wizard.  Sure, you’re going to want help from the pros and eventually you might even need your own in-house SEO expert, but search engine optimization is something you need to know about too. It has one of the highest ROIs in marketing. Plus, do it right and SEO can literally put your marketing on autopilot, allowing you to focus on improving the quality of your business, instead of figuring out how to bring in customers to your site. Start reading SEOmoz and stay up to date with SEO changes by reading sites like searchengineland.com.

Use open source tools. You could go with a proprietary content management system (CMS) but that means you’re typically stuck with one company and paying hefty license fees to boot. Do yourself a favor and go with an open-source system—I like WordPress and Magento—that any developer can access.

Think about your mobile strategy simultaneously. Research the percentage of your visitors that are likely to use mobile devices to access your site. If it’s high, you may want to consider building a separate mobile version of your site, or even an app. If it’s relatively low, just make sure your website works on smart phones, but don’t invest into a mobile version.

Steal from your competitors. Before you build your site, check out your competitors and write down the things they do well. If you like the look and feel of another site, there’s no reason not to start with something you like and then make it your own.

Develop your content. The biggest slow-down in the Web design process is content. If you’re going to sell products on your site, get product photos and product descriptions ready. If you sell services, you’ll need a description of each service. Get as much of your content together before you start building your site—it will save you weeks. And while you’re at it…

Write with calls to action in mind. Good calls to action allow visitors to quickly decide what they want to do next. Having a big sale? Don’t just write a banner that says “50% off all products.” Write one that says “50% off all products, CLICK HERE to view them.”

Always answer the question “why?”.  Have you ever walked up to someone you’ve never met, handed them a business card, and walked away without saying a word? Likely not. If you want people to do something on your website, such as sign up for your newsletter, don’t just put up a box that says “enter email” or even “sign up for newsletter”—you’ll get a very weak conversion rate. Tell them why they should do it: “Sign up for our newsletter to receive weekly specials.” Same thing goes for Twitter and Facebook logos. Just putting them up isn’t smart. Tell people why they should follow you on Twitter or friend you on Facebook. What will they get out of it?

Trust your Web designer. I tend to see the worst end results with customers who come in with a “I know what I want, just do what I tell you” attitude. You hired an expert because they know more than you, right? Let them do what they do best and they’re more likely to meet and often exceed your goals.

More From:  Build a Killer Website: 19 Dos and Don’ts and Inc.com

Suzy Payne Rabb
Sage Peachtree Certified Consultant
Sage Solution Provider
Passionate about Small Business
 
Send email to suzy@121-business.com
Website: www.121-business.com
Join my professional network at Linkedin and follow me on Twitter.
Happy Thanksgiving to You!

Happy Thanksgiving to You!


Get in the spirit and enjoy this zany Thanksgiving greeting as your prepare for your own special holiday celebration.

 

 We hope you have a very warm and cozy Thanksgiving filled with family, friends and fun!

 

Please note our office will be closed from November 21 through November 24.

Suzy Rabb
Sage Peachtree Certified Consultant
Sage Solution Provider
Passionate about Small Business

Send email to suzy@121-business.com
Website: www.121-business.com
Join my professional network at Linkedin and follow me on Twitter.

 

 

QR Codes for Your Business

QR Codes for Your Business

 

 
From: “Go Mobile! QR Codes for Your Business” and The Sage Peachtree Insider

(Scan this QR Code for a Free Offer from 121 Business Software Consulting)

You see them everywhere these days, those funny little black-and-white squares filled with squiggles. They’re showing up on brochures, magazine ads, store shelves, and on the web. But exactly what are they and what are they for? Initially used to electronically track inventory, QR codes, short for Quick Response Codes, are fast growing marketing tool that links smartphone users to additional product information, special offers or videos on the web. 

One of the best examples of a successful QR marketing campaign is at GNC stores. There’s a QR code in their front window with a sign that says “The most phenomenal thing you’ll do all day.” Smartphone users can scan the code and immediately download a message rewarding them with a free drink inside the store. It’s a very smart and fun way to drive more store traffic.

Want to try it for your business? It’s easier than you think. There are several sites that help you quickly and easily genrate your own QR code. You’ll need a most important thing to remember is to build in a compelling offer. If consumers go to the trouble to scan your QR code, they should receive something good in return.

Use a “barcode scanner” app on your mobile phone to test out the QR Code shown above.

More from:  “Go Mobile! QR Codes for Your Business” and The Sage Peachtree Insider

Suzy Rabb
Sage Peachtree Certified Consultant
Sage Solution Provider
Passionate about Small Business
 
Send email to suzy@121-business.com
Website: www.121-business.com
Join my professional network at Linkedin and follow me on Twitter.
Why Pick Sage Peachtree?

Why Pick Sage Peachtree?

By Suzy Payne Rabb

I can’t tell you how many times I’ve been asked to discuss the differences between Sage Peachtree and Quickbooks or other small business entry-level accounting solution. It’s also a topic I see discussed over and over in various forums. Needs vary business to business, industry to industry. What you pick should be determined by your needs. Here are a few reasons why I picked Sage Peachtree:

Inventory

Sage Peachtree has a more sophisticated inventory system than most other entry level solutions. It provides true and accurate FIFO costing and also provides serialized inventory features at the Premium and Quantum levels. Set-up of assemblies is easy and revisions are allowed. When set-up correctly, the automatic costing is flawless.

Built-in Financial Statement Designer

A lot of users don’t use or even know about one of my favorite features–the Financial Statement Designer. This designer is built right into the core product and can deliver practically any format desired. We’ve been able to emulate some very high-end financial reporting systems, even adding some key performance indicator stats to customized formats.

Flexible Controls

You can setup Sage Peachtree to allow changes in prior periods or you can set it up to block any change to a prior period transaction by user. I work with all kinds of users. There are some users who definitely need and want this level of control. But, there are others who don’t. If you are the owner, the accountant and the only user, sometimes too much control can cause more problems than it solves. With Sage Peachtree, I can deliver either.

Incredible Cash Flow Analysis Tool

This feature was significantly enhanced several versions ago and now it is awesome. You can forecast cash flow from actual due dates or historical average days to pay on outstanding AR, AP. But, what you may not know is that you can optionally add or remove anticipated cash flows from recorded sales orders and purchase orders. At last look at the competition, Sage Peachtree’s Cash Flow Analysis was head and shoulders ahead of competing solutions.

Voiding Checks

All companies have to void checks from time to time. Voiding a check should not change a prior period’s financials and with Sage Peachtree, it doesn’t. Sage Peachtree does not touch the original check transaction, but instead prompts for a “void date” and creates a new reversing transaction on the date specified. Why would you want it to work any other way? At last check, voiding a check in Quickbooks changed the prior period financials. While you may think check voiding is a minor feature, you should avoid use of any feature that changes prior period financials.

These are some of the reasons I picked Sage Peachtree several years ago and stay with it today.  In the coming months I will share more.

Suzy Payne Rabb
Sage Peachtree Certified Consultant
Sage Solution Provider
Your Live, Online Guide to Sage Peachtree Success
Send email to suzy@121-business.com
Website: www.121-business.com
Join my professional network at Linkedin and follow me on Twitter.