LogoSerotta Maddocks Evans, CPAs

We create history, not just record it.

www.smecpa.com 


      701 Greene Street, Suite 200          1231 Augusta West Pkwy.

             Augusta, GA 30901                         Augusta, GA 30909

                                              706.722.5337                                 706.863.3637      

 

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smEnews
September 2013
Dear ,  

 

Fall is a great time of year to be in the South -- cooler weather, football season, excitement for the approaching holidays.  For our team at SME fall means it's time for yearend tax planning.  There isn't a more appropriate time of the year to sit down with your CPA to discuss the results of your business activity for the first three quarters and to make planning decisions to minimize your taxes due for the year.  It's also a good opportunity to discuss other business issues you have on your mind with your CPA.  At SME we have always made it a goal to help our clients make their history, not simply record it.  For our clients we encourage you to contact us to schedule a yearend planning meeting.  For our non-clients we encourage you to contact us and schedule a meeting to discuss how SME's planning techniques could be beneficial to you.  So sometime between all of the fun fall activities, give us a call to see how SME can help you plan your history.


Jay Sanders, CPA
Partner
ProAdvisor Beth A. Cullum

Date:June 13, 2013
  
Quickbooks 
 
"I asked Beth for assistance on some year-end 2012 questions/issues that I had. We are a small business and her expertise, hands down, is second to none. She is a pleasure to work with, very knowledgeable and professional. Beth explains things in a way that is easy to understand. She was also very quick to respond back to me. She went above and beyond what I had asked. She is my "go-to" Quickbooks expert for anything that I may need help with. I appreciate what she does.

Beth is rated 5 stars!
"  
 
Read more of Beth's reviews at: Intuit Find-a-ProAdvisor  

Marketing Tip from Heather Hammack

  

5 Questions to Ask When Creating a Social-Media Marketing Plan  

 

SME believes in the model that when you "Fail to plan you are planning to fail," especially when it comes to your social media marketing plan. Having a solid, goal-oriented social media strategy is just as important as having your sound business plan. If your plan is just to wing it, your fans are going to know it, potentially leading them to your competitors.

 

When creating your social media marketing plan there are at least 10 questions you should ask yourself before you begin. These will help you better engage your fans and ideally convert them into customers.

 

1. What should my company aim to achieve with social media?


This will depend on the type of business you are in. One of your objectives may be to use social media to gain exposure for your brand, to directly interact with your customers or to promote specific products and services. Either way your most important step here is to clearly identify your goals. After you have done this, you want to understand your customer's goals and find a way to use your social-media strategy to connect both. Think about how you can use social media to solve your customer's problems.

 

2. What are the best social networks for small businesses?


Whether you have a large company or a small business, you can't go wrong with Twitter. Twitter is easy to learn and very user friendly, and it's only 140 character limit! Google+ is important to be on, if only to boost your search engine optimization (SEO). If your company is mainly a B2B firm, you'll want to be on LinkedIn to reach influencers in your industry and for B2C companies, being on Facebook and Pinterest may be applicable.         

 

3. What types of content should I post on which social platforms?


On Facebook, Pinterest, Instagram and Google+ visuals are striking to viewers. Posting images of company events, behind the scenes snapshots of employees and memorable images of your products are effective. Text-only status updates also trend well on Facebook and do not necessarily need an accompany link, especially when asking questions.


On Twitter, it is good to have a good balance of tweeting about your company, and retweeting others' content, including that of your business partners and industry influencers. 
LinkedIn is also popular for sharing company news, productivity tips and thought leadership articles.


Always keep your social media platforms fresh and interesting by using a diverse mix of content, photos, video, useful links, helpful tips, question, etc.

 

4. How can I convert social-media followers into customers?  

 

Consistently link your website to your social media posts when applicable. This will drive your customers to your website, creating that much more traffic and ultimately increasing your bottom line. You should also utilize cross-platform strategies, such as a contest that integrates several social channels. An example would be tweeting a description of a contest found on your Facebook page with a link to the rules and an entry form found on your website. The key here is to have everything uniform and utilize all platforms in a way to creates interest and buzz, constantly making sure you are driving your customers to your website - herein lies where you will convert those followers into customers.

 

5. How can I measure the success of my social-media marketing efforts?


Some social media platforms offer their own metrics. Facebook, gives Page Administrators access to Page Insights data for free. These metrics tell you how many people are interacting with your posts. You can use this data to better plan future posts and decide on the most effective ways to connect with your fans. LinkedIn provides similar analytics for company pages.


You can use Google Analytics to see how effective your social-media campaigns are at driving traffic to your main website. If you see Twitter, Facebook, or other social platforms you are active on as your top referrers to your site, your social-media efforts are key to your success!

Technology Tip from Sharon S. Bragg

 

CFO CLOUD

 

I read an article recently in the CPA Practice Advisor about a new app by Unleash that I thought was interesting for our small business clients.  The app is called "Cloud CFO" and is designed to help small business owners assess the health of their business and make decisions faster by providing a real-time overview of the fitness of their business.  The app's writers analyzed a huge amount of data in more than 700 vertical markets to come up with a basis for comparison.  Then, they put the information in an easily understood dashboard.  This app could be a good starting point for helping small business owners in their decision making process.  For more in-depth information and professional advice, contact one of SME's business advisors.  We will be happy to assist you with further analysis and planning to include tax planning for both business and individual needs.  

Thanks for taking the time to read our newsletter.  Stay tuned for next month's tips and features.

 

Sincerely,
 
Serotta Maddocks Evans, CPAs
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Tax Tip

Our September Tax Tip discusses the Affordable Care Act Tax Provisions.  
 
Check out our 

Tax Blog for details.

 

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