With more than half a million new small businesses launching every month, you need every advantage you can get. For many business owners, looking for ways to save money is the first impulse. It makes sense on the surface. The less you spend, the more you keep in reserve for business needs. One way some [...]
Chew on the word “budgeting” and it’s going to taste more sour than sweet. No one wants to be on a budget anymore than being on a diet. Wouldn’t it be great if we could spend (and eat!) as if calories and dollars were unlimited and consequences were zero? We can fantasize all we [...]
Ben Franklin said two things are certain in life—death and taxes. While there’s no escaping death, you can sidestep some taxes if your business takes preventive measures. Make a mistake and your tax bill grows. But if you plan ahead, take the right deductions, and prepare returns properly, you can save a bundle on [...]
Posted on December 14th, 2018 Bookkeeping is defined simply as the process of recording and organizing transactions derived from business events. A bookkeeper performs the bookkeeping function of a business by entering business transactions into a record keeping system, usually accounting software, that keeps track and organizes transactions into financial categories or “accounts” presented on [...]
Posted on June 28th, 2016 Take charge of your business by simplifying the bookkeeping process. Taking the time to do so early is critical to securing extra profits that may have been hidden from you due to bookkeeping mishaps. Properly managing your accounts empowers you to do more of the thing you love: running [...]
Posted on September 19th, 2016 In order to remain compliant with ongoing SEC regulations, all publicly traded companies are required to hire an independent financial expert to serve as chairman on the audit committee within the board of directors. As the liaison between management and the board, this individual plays a critical role in ensuring the [...]
Posted on September 12th, 2016 Losing any C-suite executive can be difficult on an enterprise, regardless of size. The loss or resignation of a Chief Financial Officer can be especially difficult, opening the door to significant company-wide problems if handled improperly. As the business owner or partner, making strategic decisions following the loss or resignation of [...]
Posted on September 6th, 2016 For countless small business owners, finding the right balance between managing day-to-day operations and developing long-term business strategies can be particularly challenging. Without the expertise of creating financial projections and implementing strategies for achieving them, many may find themselves facing stagnant growth or grappling with inefficient processes. While it [...]
