With tax season upon us and let's face it, life in general, the need for a rudimentary understanding of basic accounting terms is important for everyone. The hard thing is, when someone even mentions the word "budget," most people tune out. Fortunately, you can up your financial game by reviewing this list of the 9 most basic [...]
Are you having problems keeping your business finances on track? That isn't surprising. Studies show that 60% of small business owners don't have the knowledge they need to manage their books. The problem is, this can lead to serious mistakes that cause them to mismanage their finances. Are you wondering what a bookkeeping professional can [...]
If you own a small business, you know that you need to make sure your tax duties are done quickly and efficiently for 2020. As taxes can be overwhelming, you find yourself scratching your head and being as anxious as ever. But don't worry, we've put together a tax checklist for you to make sure [...]
Businesses across the country outsource their accounting and bookkeeping to save money and time. This is not a simple or easy decision, and a business owner needs to make sure they are able to ask the correct payroll questions. Every outsourcing service will have their own strengths and features. Ask these right questions to figure [...]
Do you manage a small business? Are you feeling overwhelmed by all the daily tasks required to keep your company afloat? If so, you're not alone. Business infrastructure problems are one of the leading causes of business failures. From business plan issues to understaffing dilemmas, gaps in your infrastructure can wreak havoc on your company's [...]
In the business world, payday can be bittersweet. While everyone likes to get paid, business owners run through the complexities of processing payroll each pay period. That’s when outsourcing your payroll can save the day. It gives business owners a host of benefits while making payday easier for employees. To help you decide if [...]
An in-house chief finance officer (CFO) can cost your company at least $350,000 each year. That’s a lot of money to spend on someone you may not need all the time. If you only need a part-time CFO you may want to consider outsourcing the position. Below we'll review the benefits of outsourcing the chief [...]
One of the most important aspects of running a business is being able to take notes. Every business needs to be able to keep tabs on every move they make - and that's never been more important than with company finances. Money is what keeps the business going, takes care of your employees and overall [...]
If you're not outsourcing some aspect of your business perhaps you think outsourcing is only for those companies that are lacking something. In fact, a study has shown that 85% of the best long term performing companies, outsource strategically. Whether it's accounting, human resources or payroll outsourcing, you need to know about it. Is outsourcing [...]
CFOs are generally paid very well in the United States, so being able to do your job effectively can feel like an absolute necessity. If you're getting paid for it, you need to be able to do it. When you're just starting out as the CFO of a company, it may be a little intimidating to have [...]
