Why Not Start Your Own Virtual Business ?

With this pandemic crisis going on globally, most businesses that is deemed “non-essential” had to lay their employees off .  Most states or counties have enforced their ” Stay at Home” order. So although, most bills (electricity, interest payment, telephone) have been suspended for 2 month (again in certain states /counties), you still have other expenses to be paid rent, gas, food, and supplies.  Now, you may can get unemployment, but can everyone can? How long will it last? You may can get a grant. But, will you qualify or meet the requirements?

 

So, when these are not options for you, why not tap into your skills and start your own business from home ? Were you a medical biller or medical receptionist? Do it virtually !  Were you an accountant? Get clients virtually ! Were you a marketer for a company? Offer marketing services to businesses who need to blast their business and get online sales! There’s more than one way to skin a cat.

As an entrepreneur who have been in a virtual business for over 10 years, I guarantee you, you can do it ! Let’s plan and develop together !

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If you  need help or guidance on how to do so, book an appointment with me ! I offer free 30 minutes consultations. I guarantee  we can help get you started in something. So what you weren’t any of those things we listed above, but you may have an hidden talent of gift, maybe you good in sales , who knows ! Contact me and I will explain the process how we go about doing that ! Let’s create your own stream of income !

Book Your Free 30 min Consultation Here !  Book Now !   Or, if you have any questions or concerns, please feel free to fill out inquiry form below:

 

Successfully Operating a Business

Over the past few years, Georgia has been rapidly growing and booming with small businesses.  Georgia has become a hub for innovation and creative ideas, a place where entrepreneurs can come to act on their aspirations. Atlanta, GA is the named the 7th top city in the United States to start a small business in. Most of Georgia’s revenue comes from small businesses. So what are the challenges for small business ? Staying in operation,  funding, keeping a consistent cash flow. These are just to name a few.  Many consultants, such as myself, have seen over the years, how businesses begin and in the next 6 months or few years, close. So what do you we do to decrease the chances of that happening? First, lets educate our small business owners and inspired entrepreneurs. 

Me Speaking.jpg( Business Consultant from Lawrenceville, GA)
Let’s provide them with the necessary tools needed to operate a successful business. Many owners and entrepreneurs doesn’t know which financial statement they shall review or why should they be reviewed. As consultants, we break down each section and help them analyze the overall picture. Even in the beginning stage, it is important for us to know your business idea, what entity type you want to  establish, and why. Here is where we assess the pros and cons with your selection. Based on that information, you select what is better for you and your vision.
Next, you are putting plans in place. Most consultants helps with strategic planning or developing the best business practices for your company. It is very important for all owners to understand why having guidelines, policies, and procedures in place. This protects them from any disputes or legal actions. Also you want to make sure that these components align with the vision you have for your company.
Now you talk about effective marketing strategies for your business.
Marketing Consultant Speaking.jpg( Public Figure, Marketing Consultant from Alabama)
Each marketing consultant can help you strategically analyze which marketing platform or sales channel will be perfect for your business. Social media has become one the number 1 effective tools for driving sales. You just have to know your target audience and how to reach them.
Once we go over theses key essentials tips and tools needed to run your business, now its time to review the overall scope of your business on an executive level. Every aspect of your business should be examined: Marketing, Business Processes, Practices, Policies and Procedures, Workflow, and Work Performance. Once you have to carefully review each component, ask these question,  Are each effective ? Are they performing to their satisfied capacity? Do they align with your vision? Where do you see the opportunity? where is the threat? Which area can improve? Once you answer these questions, you must come to a conclusion if your business can carry on to the next month, if not, what is your plan actions ?
This is what we teach and educate small business owners on, operating a business, successfully running a business, and effective marketing strategies.
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We have successfully coached businesses, helped start ups, redefine and shape businesses, and even help with the growth and improvement of a business. We have put together a training manual for small business owners, packed with a wealth of knowledge, tools, and tips needed to successfully operate your business.
For seminars, training, and workshops; books us as your facilitator ! For more information, contact us at info@peavyassociates.com or Coordinate with Danielle Eaton at danielleeatonllc@gmail.com for booking info at Self Development U.
Successfully Yours,
 
Teleigha Peavy, Principal Consultant

Accounting Services Which Meets DCAA Compliance

Audit-Checklist

As a government contractor myself, I understand the importance of making sure your accounting records are in compliance with DCAA and FARS. Honestly, who wants to be audited by the Comptroller? I certainly don’t and I’m making it my mission to help other government contracting companies with proper accounting services for their business.

Even if you are using Quick Books, for your accounting system. It still can be within DCAA and FARS compliance, we’ll show you how! Contact us for more details at info@peavyassociates.com or 678-667-7988.

From one Government Contractor to Another!

So When Do You Need Back Office Support? Why?

Office Needs Organization

There are several advantages for outsourcing back office office work to firms or individuals, especially for small businesses, startups, busy offices, traveling professionals, and entrepreneurs. These perks are:

  • Avoidance of payroll and its taxes
  • Paying for hourly rates that is not affordable
  • Paying for services when needed, and not someone “riding” the clock
  • Having someone available to you all the time when need, someone you can depend on even after “normal business hours”

Oh the list can go on and on! Here’s the thing, there are several virtual assistant companies out there, who helps with email handling, scheduling appointment, social media, booking travel arrangements, etc.  What about the heavy duty work? The work that executives do that they need assistance with? For instance:

  • Review of important documentations
  • Preparing Presentations for their meetings
  • Preparing business documents (reports, agendas, minutes, memos, policies)
  • Help with human resources functions
  • Help with business operations
  • Project management services
  • Assistance with special projects
  • Financial management of the business

These are the services we, Peavy and Associates, considers to complex upper management administrative duties.  From the operations to the financial aspect of the business, you may need help with because either you or your department is overwhelmed with work already, or maybe working on a special project to meet deadlines. The daily activities began to pile up and become unintended, this is why back office support is needed.

Contact us today to learn more at 678-667-7988 or info@peavyassociates.com

When You Need Affordable, Quality, Reputable Back Office and Financial Support Services!

How do we provide back office support? Our team serve as your company’s administrative team. We represent your company in a very professional and respectable manner. We perform back office support for Medical Offices, CPA firms, Management Consulting firms, and IT consulting firms. No task is left incomplete. You are kept informed of the work being performed.  You may also click on this link  http://bit.ly/16xIEv5 to download our brochure.

Financial Management – When you need your company’s accounting records done right. We are the people to call. Expert users of Quickbooks (Desktop and Online) Sage 50, Xero, Wave, Mint, and now Microsoft Dynamics AX. It’s not about just recording transactions, but recording transactions, performing month end – year end closing, right an in accordance to the General Accepted Accounting Principles). We help businesses with financial and managerial accounting. We analyze your company’s financial growths, opportunities, and threats by performing comparative analysis, financial analysis. Contact us to request a proposal or verifiable references.!

  • Full cycle bookkeeping
  • Accounts Payable
  • Accounts Receivables
  • Accounts Reconciliation
  • Month End and Year -End Closing
  • Invoicing
  • Monthly and Yearly Financial Statements Preparations
  • Budgeting and Forecasts
  • Tax Reparation and  Planning (Business and Individuals)
  • Payroll

Back Office Support Services –  Are you a small business or entrepreneur who needs help with administrative tasks? We understand business owners  focus on the financing activities and driving customers to their businesses. These functions are very essential to a business, but are not the functions to keep the business operations running smoothly. Neglecting (not intentionally) the administrative duties of your business may have harmful impact on your business. For example:

  • MIssing a potential customer call or email
  • Forgot to pay your business taxes or vendors
  • Forgot to invoice a client to collect your fees

The list goes on and on! We are here to make sure these tasks are well maintained.  We use lean management principles to help create a continuous workflow process in small businesses, like integrating cost effective systems that can be helpful to the back office. Once the setup is complete, we then organize and structure tasks, and finally perform the back office services below.                      

  • Inbound and Outbound Calls
  • Customer Services
  • Preparing and composing business documents
  • Invoicing customers
  • Social Media Management
  • CRM systems management
  • Data Entry
  • Electronic Filing and Organizing
  • Scheduling and Time Management

Medical Secretarial Support Services –  Did I mention we also perform quality medical billing services? Do you need a team who help reduce your Aging Accounts Receivables? We dispute denials, re-submit claims, and submit appeals. All staff members have college education and work experience in health information technology. Contact Us for More details!

  • Patient Scheduling
  • Inbound and Outbound Calls
  • Billing
  • Payment Posting
  • Customer Service
  • Electronic  and Manual claims submission
  • Patient Schedule Reconciliation
  • Insurance Verifications
  • Insurance and Self Pay collections

Keeping Your Company Ahead With Software Training

We understand the importance of have a new system implemented in for a continuous workflow and meeting the capabilities. We train companies’ employees and new consultants how to maximize the use of these systems for their business and customers. Whether is a new CRM or Financial system, we can help!  Schedule your training with us at https://www.eventbrite.com/e/software-training-registration-registration-13321187029.

We are Microsoft Office Partner! ID: 4378381

The Fishbone Diagram: Why Every Team of Process Owners Should Use it

Fishbone Diagram

The Fishbone Diagram is a very powerful tool used in process improvement. It helps identify the cause and the effect, and sometimes a condition is established. Some of the reasons why this tools is effective because it:

– Study a problem/Issue to determine the root cause
– Study the potential reasons why a process/ product is having difficulties, problems, breakdowns, and failure
– Identify area for data and information facts collections
– To evaluate why a process is not performing properly or producing the desired results.
– It allow the team to capture everyone’s ideas & thoughts in a structured manner.

If you would like a copy of the diagram to use for your business, email me at peavy.teleigha@gmail.com. I have it in a Word format as well.

Courtesy of Albany Technical College: Quality Assurance Program:Process Improvements