Using QuickBooks To Help You Enjoy The Fruits of Your Labor04:33

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Published on June 20, 2017

Ray Phillips is the CEO of Soapbox, which makes the next generation of washcloths for kids. The fun, animal-themed plush toys became a hit with parents all over the country. But with success comes certain responsibilities that many small business owners might underestimate when they first start out. The biggest of these responsibilities is proper and efficient financial management. Ray is the first one to admit that his strengths are not with accounting and numbers. Initially, Ray used Excel spreadsheets to organize his finances, but this method was both time-consuming and labor-intensive. When Ray made the switch to QuickBooks, he was able to get a clear picture of his income, expenses, receipts and profit margins all at the touch of a button. Tedious, routine tasks became automated, which allowed Ray to focus on the aspects of his business he is truly passionate about. After all, no small business owner launches their own brand so they can crunch numbers day and night. Let QuickBooks do the heavy lifting while you get to enjoy the fruits of your labor.

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