Starting a business means that you are juggling many tasks and responsibilities: setting up bank accounts, creating accounting systems, designing a website, building out customer service platforms, tax preparation strategies, business development, and more. Even though it is a lot of work to launch the business, it is worth the efforts because of the long-term […]
Startups and small businesses shouldn’t overlook the necessity of setting up the right budgeting and accounting strategies to organize financial information. Too often, business owners see budgeting as a practice that adds little value in the beginning. It’s easy to get caught up in the details relating to product development, marketing, and client acquisition. As […]
It’s easy to see that good bookkeeping and accounting strategies are important for the financial health of your company. But sometimes small business owners have a hard time justifying bookkeeping and accounting costs because they are worried about managing overhead expenses. Today, we are breaking it down to help you see that good services are […]
Data security is an important topic of discussion, especially since many businesses manage most of their transactions through online platforms. Not only do you need to consider the security of customer payments that are processed, but you also need to think about accounting security offered by the outsourced team that you’ve hired. Data Breaches and […]
We live in a digital world, which means that your small business is going to get left behind if you are still tracking expenses with pen and paper. If you don’t already have a good accounting software program, then it might be time to implement these changes so that you can boost your reporting and […]
Now that we are a few weeks into the new year and the dust has settled after a busy holiday season, it’s time to look forward to the future. As a small business owner, you should be paying attention to bookkeeping and accounting trends that might impact your company. Are there any changes or adjustments […]
How often have you heard the terms “accountant” and bookkeeper” used interchangeably? If you don’t know about the differences in the services, then it is easy to see how you might be confused about these professions. Yes, both accountants and bookkeepers work with financial reports, organization, and tracking. In fact, the services offered by an […]
The end of December is usually the time when people set goals and intentions for the New Year. The ending of a year can be a symbolic time to let go of old habits and implement new practices that will set you up for success. What are your New Year’s resolutions this year? It is […]
With only 10 days left in the year, many people are winding down their work projects to enjoy the holiday season with friends and family. While it is important to focus on the people that you love, don’t make the mistake of throwing productivity out the window too early. You still have time to wrap […]
Most business owners cringe when they hear the word “audit” because this word is associated with stress, the IRS, and frustrating paperwork. But you shouldn’t be scared of auditing. In fact, internal audits might be the best way that you can improve your business and maximize your results going forward. If you don’t have a […]
