As small business owners, we tend to get so wrapped up in the day-to-day grind that we find ourselves working in our businesses, rather than on our businesses. This not only limits our future, but also stunts our growth, especially if we don’t take care of our basic necessities and biggest needs right now.

Each month, Intuit comes out with new features packed inside QuickBooks Online (QBO) to help this process, and when combined with our team’s knowledge and expertise at SBS Accounting & Advisors, you will get powerful solutions to meet your needs now – and drive your future.

The latest trio of QBO features does just that, with help from SBS to bring you the tools and strategies you need to survive and thrive.

Here is more information about these enhanced features, which SBS will not just implement into your business, but also incorporate into your own set of strategies and plans to take you to the next level.

Feature #1: No More Trips to the Bank With QuickBooks Cash 

I don’t know about you, but waiting in a long line at the bank, even pre-COVID, feels like a drag. With QuickBooks Cash, that’s no longer necessary!

With QuickBooks Cash, you have a bank account at your fingertips – free of charge, with no fees or account minimums. On top of that, you’ll get quick payments, save money, tools to improve cash flow and more. And, perhaps most importantly, it syncs seamlessly with your QuickBooks for an automatic accounting of your finances.

While this feature helps SBS deliver you more for less, our team also works hard to bring you deeper solutions to your cash flow needs. In fact, cash flow management is a key component of our new advisory services division.

Learn more about it here, and know that we are always here to help!

Feature #2: Back Up Your Business With QuickBooks Insurance

Locking up insurance for your business may seem like a no-brainer move, but too many small businesses simply have no insurance, or are underinsured.

In fact, 44 percent of small businesses who have been around for at least a year don’t have insurance at all, according to NEXT Insurance. On top of that, three in four U.S. businesses are underinsured by 40 percent or more, according to Marshall & Swift/Boeckh.

Why is having business insurance so important beyond the obvious reasons? Because more than 35 percent of small business owners had an event take place that could have caused an insurance claim, according to an Insureon survey.

To tap into QuickBooks insurance, sign in to your QuickBooks account, as seen below, or visit here to get a quote. Securing insurance for your business doesn’t just provide peace of mind, but also can save you when life’s unexpected events happen.

Feature #3: Introducing the Guideline 401(k) Plan – A Safe Place for Staff to Save for Retirement 

As a business owner, I learned long ago that I simply can’t do everything on my own. It’s tempting to want to control every single situation and make every single decision, but it’s just not realistic. And, because our business’ survival and future is dependent on a strong, cohesive and motivated team, we must take care of them and provide the guidance they need to succeed.

One way to make them feel secure and appreciated is to provide a strong 401(k) so that they not only know you’re looking out for their best interests, but also have peace of mind that they have something to rely on for retirement.

Enter the new Guideline 401(k) plan that’s connected to your QuickBooks.

For a zero investment fee, your staff will enjoy a professionally managed portfolio, with a great interface and the support they need when they need it.

To see what it’s all about, check out the Benefits tap in your QuickBooks, as seen below.

Ready to Launch These Features or Have any Questions? We are Here for You!

One thing I love about these three new features is that they can literally help every business owner. So, if you’re ready to launch any or all of these features, or have any questions, contact us today. You’ll be on your way to protecting your business, getting powerful plans for future success, and keeping your staff happy and motivated.

(Images courtesy of Intuit QuickBooks)