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20-20 Favorites

Here at 20-20, we are always looking for new ideas, new ways to leverage technology, and a better way to do things.  Some ideas we come along we like more than others.  Every now and then we find something really special that we can’t wait to share.  These are our 20-20 favorites.  Take a look at some of the books, apps, and other ideas we have found to be real game changers. Have a favorite of your own?  Let us know!  We’d love to check it out and see if it should be the next 20-20 favorite!

Apps We Like

MileIQ is an automatic mileage tracker that takes the hassle out of keeping a mileage log.  Without a mileage log, any mileage deduction you take will most likely be lost in an audit.  But keeping up with a log on paper or even electronically can almost be too much of a hassle to make it worth it.  But we think you’ll find this app helpful for logging your business drives with just the swipe of your thumb!

This app runs in the background on your iOS or Android phone and logs every drive automatically. You swipe each drive to classify it as business or personal, You can add details like parking, tolls, purpose, and vehicle and have an IRS-compliant mileage log practically effortlessly. Your log gets synced to the cloud, so you can get to it any time.  

MileIQ is offering our clients a 20% discount on unlimited-drive subscriptions. (Regular price: $5.99/mo. or $59.99/yr.)  Try it by downloading the free app for iOS or Android. To get unlimited drives at a 20% discount, sign in to your MileIQ web dashboard, click “Get Unlimited Drives” and use promo code ACCTPRO20 at checkout.

Quickbooks Online Mobile App: Here at 20-20 we are big fans of Quickbooks Online and keep the books for most of our clients on that platform.  The mobile app is a great companion to QBO regardless of if we are keeping your books for you or you are going it alone.  This free app lets you monitor your profit & loss and balance sheet, record transactions and attach receipts, and even invoice customers and get paid all from any device!  There are many other functions available… check it out on The App Store for Apple and Google Play for Android.

TripIT automatically reads your email and pulls out travel related confirmations and creates a comprehensive itinerary.  Keep all your travel plans in one place and access your itineraries anytime, on any device.  This app has lots of features that make both business and personal travel easier.  Check it out! 

Books We Like

Beyond Entrepreneurship: Turning Your Business into an Enduring Great Company: This work provides entrepreneurs with building blocks to help their companies sustain high performance, play a leadership role in their industries, and remain successful for generations. Readers will discover the five key elements involved in guiding a company to lasting success, a blueprint for managing a thriving company, and plenty of real-world examples.

 

The E-Myth Revisited: Why Most Small Businesses Don’t Work and What to Do About It: In this first new and totally revised edition of the 150,000-copy underground bestseller, The E-Myth, Michael Gerber dispels the myths surrounding starting your own business and shows how commonplace assumptions can get in the way of running a business. He walks you through the steps in the life of a business from entrepreneurial infancy, through adolescent growing pains, to the mature entrepreneurial perspective, the guiding light of all businesses that succeed. He then shows how to apply the lessons of franchising to any business whether or not it is a franchise. Finally, Gerber draws the vital, often overlooked distinction between working on your business and working in your business. After you have read The E-Myth Revisited, you will truly be able to grow your business in a predictable and productive way.