Debra Oselett - Tips for Operating Your Own Business

Debra Oselett is currently serving as a practice administrator for a medical office in Michigan. Before she began working in the position in 2008, she operated her own company in the accounting industry called Balanced Pennies. Operating her own business gave her the experience she needed in her current position. Here are some tips for business owners.

Start with a solid plan. All new businesses need a plan of attack in order to be successful. Most business owners will find that they don’t have enough capital to get their company up and running on their own, which means they will need to attract investors and earn loans from the bank. You’ll need to show both investors and banks that you have a plan for the future that is viable for your business.

Make the customer priority number one. If you want to operate a successful business, you have to be thinking about the client, no matter the industry you operate in. Do your research regularly, even after your business is up and running, in order to stay ahead of market changes that impact customer wants and needs. You also need to put a good amount of time into developing a customer service strategy.

Think about the future. Every successful business owner has a plan to grow, which means developing products, looking for larger office spaces, or even diversifying your product inventory. The more research you do on your industry, customers, and market, the more equipped you’ll be for growth.
Debra Oselett understands the process of starting and operating a successful business in a competitive industry.

Debra Oselett - Peachtree Accounting Seminars

Skilled medical practice administrators like Debra Oselett, of Rochester Hills, Michigan, are familiar with Peachtree accounting systems, software, and seminars. Because of the popularity of Peachtree, medical administrators are wise to be as familiar with the program as is possible.

Peachtree accounting courses and seminars assist medical administrators in becoming quickly accustomed to the software. Peachtree, or Sage 50, offers three distinct levels of training for administrators and managers. Beginner seminars often start with reviews of the basics, like bookkeeping. The next steps covered pertain to new company set-up to introduce and then review aspects of the program such as data file modification and entry, including employees, inventory, vendors, customers, and accounts that need to be reviewed. Other areas covered in the beginner’s seminar are: payroll, accounts payable, accounts receivable, inventory, and general ledger.

The intermediate Peachtree/Sage 50 course builds upon all of the previously mentioned office and accounting functions at a higher level, including sections dedicated to balancing and reviewing the aforementioned sections. The Peachtree/Sage 50 advanced seminar offers guidance on the basic and intermediate level material, but also addresses more complex subjects like security; forms, reports, and financial statements; payroll; special procedures; backup utility; and time ticket employees.

Debra Oselett and other office administrators and managers are experienced in working with the Peachtree/Sage 50 accounting systems and have used them for many years to successfully operate medical offices. Superior and meticulous accounting skills are a must for a medical practice administrator in order for the office he or she operates to be profitable and respected.

Source: http://www.cpatrainingcenter.com/Peachtree-Software-Training.asp
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Debra Oselett - Simple Accounting Tips for Small Businesses

Debra Oselett studied accounting at Oakland Community College and later founded her own accounting firm. She managed her firm for ten years and helped small businesses manage their accounts. She is well acquainted with both Peachtree and QuickBooks accounting software and knows how important it is for businesses to maintain proper accounts records. Debra Oselett has several years’ experience in working with small businesses helping them maintain their records. Here are some simple accounting tips for small businesses.

Keep it Separate

If you have just started a new business, you must ensure to keep business expenses separate from your personal expenses. Do not try to pay for personal things with your business credit card and then balance things out later, if you try to do this, you will end up in trouble. Though there is some accounting software that can account for crossover expenses, it is recommended to keep business and personal finances separate.

Hire a Professional

It might be better if you hire a professional accountant to handle the accounting work in your business. While you can do the books yourself, it would be easier to let a professional handle the job and you can focus on building your business. An accountant will most certainly find deductions and keep you penalty-free. You can save yourself a lot of stress and trouble by having a professional handle your accounts.

Debra Oselett managed her accounting firm for ten years and helped several small businesses manage their accounts.

Source: ​http://www.forbes.com/sites/theyec/2012/10/24/5-simple-tips-to-keep-your-small-business-finances-in-order/#78e935b01a80
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Debra Oselett - Experienced Practice Administrator

Debra Oselett was born in Detroit, Michigan and grew up in Madison Heights, a suburb of Detroit. She studied accounting at Oakland Community College and founded her own accounting firm to help small business owners manage their accounts efficiently. She worked in her business for ten years before making the switch to work as a practice administrator of a private medical practice in Rochester Hills, Michigan.

Working as the practice administrator, she quickly realized that while her accounting and management skills were much needed for the job, she has to learn new skills to be able to become an efficient practice administrator. Through hard work and dedication, she acquired the necessary skills to be successful in her job and has built a successful career for herself as a practice administrator.

Debra Oselett is experienced and has skills relating to managing accounts payable, accounts receivable, and working with insurance companies to settle bills. Though she has worked in the accounting and management arena for ten years before taking up the job as a practice administrator, she did not anticipate how much the healthcare industry would change. Reforms in the healthcare industry forced her and her staff to reconsider how physicians are credentialed with insurance companies. This was one of the biggest challenges she had to implement working as the practice administrator.

Debra Oselett has implemented several solutions that have enabled her employers to adapt to the new healthcare reforms in the United States. She works closely with her staff and ensures that they are up-to-date on the latest policies and reforms affecting the industry.
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