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Business Owners: Are You Taking Action or Procrastinating Important Tasks?

Are you in the process of launching a start-up, or gaining traction after being in business for several years? As a small business owner, there are many things that you have done to set yourself apart from other people. Some individuals are content to be employees because they don’t want the stress and responsibilities of owning a company. Other people, like you, love the thrill of creating something new and focusing on lifestyle design through business management.

Whether you are a seasoned veteran in the business world or you are just getting things off the ground, it is important that you are proactive to create a strong financial future for your company.

The Motivation of Getting Started

It is easy to feel the motivation when you are just getting started. The excitement makes long hours fly by, causing many small business owners to stay in the workaholic mode for a while. Many people find it easy to be an “action taker” when they are launching a new company. They are full of dreams and focusing on the possibilities.

Business owners in these beginning stages are often willing to put in the long days and carry a lot of responsibilities. They see the benefits of putting in the work now to get things off the ground. Then, systems and employees can be put in place at a later date.

If you are feeling this motivation, then it is important that you let the momentum carry you forward. Look for ways that you can solidify the foundation of your company, and make sure that you are focusing on some of the most important things that will prepare you for the future.

Finishing Your To-Do List

One of the common problems encountered by small business is owners is that they often have a to-do list that never ends. There is always something that needs to be done when you are running a business! As a business owner, it is likely that you lead in many roles throughout the day, including the manager, customer service, bookkeeper, inventory assessment, and more.

Since you are carrying so many responsibilities, it can be hard to keep up with some of the foundational tasks that need to be addressed. Look over your to-do list and see if you are successfully keeping up with everything should be completed. Most business owners will find that they are having a hard time keeping us. As a result, many of these important items are falling to the back burner.

It won’t bring the company down if you neglect the bookkeeping tasks for a week or two. But, eventually, the lack of management and responsibility can lead to serious problems for the organization. Seemingly small tasks right now add up to big results in the future. So, you need to make sure that all of the necessary items on your to-do list are completed.

Proactive vs. Reactive Managing

There are two ways that you can approach your business management system:

  • Proactive Management: Dealing with things right now so that you can avoid potential problems in the future. A proactive business owner is looking forward to seeing the possible roadblocks that might cause issues for the company. Then, measures are taken to put together the right systems to ensure the long-term success of the business. If you are managing your company in a proactive way, then you are setting yourself up for success that can’t be achieved with reactive management.
  • Reactive Management: Falling behind on important tasks can cause you to slip into reactive mode, which means that you are dealing with problems as they occur. Some business owners feel like they are jumping from one crisis to the next, making it impossible to get ahead of the chaos. If all of your hours in the day are focused on “fighting fires,” then it is a good indication that you need to make a change as soon as possible! Deal with the current issues, and find solutions to help you avoid similar problems in the future.

A business owner who is proactive with business systems often has an action-taker personality. You are willing to take risks and take massive action each day. As a result, you are probably working long hours and achieving great successes with your company.

In comparison, a person who is managing with a reactive style often has a procrastinator personality. Even though there are things that need to be done, these items are often pushed to the back-burner because their time is being used differently. Sometimes, the person might choose less-relevant tasks rather than focusing on the items that need to be addressed at the moment.

Shifting Your Focus: Create a Proactive, Action-Taking Environment

It doesn’t matter what you did (or didn’t) do in the past… what matters is the action that you are taking right now. Whether you are dissatisfied with the results that you are achieving, or you are looking for ways to boost your results, it is important that you assess your daily actions. Look for ways that you can ramp up your efforts to get the optimal long-term results that you desire.

Creating a proactive, action-taking mindset is one of the most important things that you can do for your business. By setting the right mindset for yourself, you can pass this thinking onto your managers and employees. These small changes can transform your company culture and create positive results for many years to come.

Here are a few tips to help you shift your focus to become an action-taking business owner:

  • Start the Day in the Right Way: What are the first tasks that you address each day? If you are dragging your feet in the morning and you walk into the office to face a mess of paperwork and problems, then you aren’t setting the right tone for the rest of the day. Instead, you need to be intentional about the things that you are doing to create a strong mindset. Develop a morning ritual that keeps your focus on positive thoughts and the top priorities for your business. A morning ritual is one of the most important action-taking principles that you can integrate to create lasting results.
  • Have a Clearly Defined To-Do List: Instead of only reacting to things that happen throughout the day, make sure that you have a list of activities that must be completed each day. These things need to be focused on activities that add to the bottom line of your company. If you have a hard time getting everything done, then you might consider the benefits of working with an accountability partner who can hold your feet to the fire with accountability on a daily or weekly basis.
  • Outsource Menial Tasks: If you are going to focus on the bigger management issues, then you can’t be up-to-your-eyeballs in paperwork. Make sure that you have an employee or outsourcer who can handle busy work like filing, accounting, and bookkeeping. Outsourcing these things will ensure that you are keeping up with foundational tasks, without cutting in your valuable time. You can pay someone else to handle these ongoing tasks, freeing up your time to focus on business development and future possibilities for your company.
  • Eliminate Distractions: A common cause of procrastination is that distractions are moving through your office all day long. Eliminate these distractions by setting up uninterrupted time for you to get real work done. Lock the door, turn off your phone, and let your employees know that you aren’t available during this time. Turning off social media and your email account can be essential so that you can avoid the notifications and focus on the task at hand.
  • Maintain a Positive Attitude: Even when things go wrong, you should always keep a smile on your face. Create a positive mission statement or a list of affirmations that can help you maintain the right mindset when things get hard. When you encounter a problem, you can determine if the issue is important and how it plays into your mission statement. Small things don’t need to cause stress because you need to manage your time and energy to focus on the things that really matter in the future. For example, if there is an error in an order of promotional products and you receive the wrong color pens, then it might not be worth your attention. On the other hand, big tasks such as employee management or hiring for a new position should take priority over things that don’t impact the bottom line.

With a few small changes to your daily habits, you can transform your results and create more success for your company. If you need help creating a proactive approach to the financial management of your business, then it is essential that you have a good accounting team to help. Here at Easier Accounting, we have experience working with all types of small business owners, and our team is here to help. We invite you to contact us to learn more about the ways our accounting services can be beneficial for your company: (888) 620-0770

Summer Accounting Tips for Small Business Owners

Summer is here, and many people are looking forward to a few months of fun with their kids. As a small business owner, it is easy to let some of the business management tasks slide because you are distracted with activities outside of work.

Even though it is common for some industries to experience a decrease in business during the summer months, it doesn’t mean that you can get lazy with your bookkeeping or other activities. On the other hand, some small businesses cater to summer activities, which means that things get busy during this time of year. Either way, you need to consider the unique needs of your company and the things that you can do to ensure long-term success.

Here are a few things that you can consider to help you have a successful summer:

Planning Summer Vacations

It can be a trick if you are understaffed because all of your employees take a vacation at the same time. Consider putting together a summer schedule in advance to work around the anticipated vacation schedules of your employees.

This schedule will allow your staff to be on the same page so that you can have all of the tasks and activities covered throughout the summer months. If someone is going to be out of town, then you can plan ahead by cross-training other employees to handle the details during the break.

Having a time-off policy and request format will simplify your ability to plan a schedule that will keep the business running. Also, you can plan ahead if you are leaving for vacation so that the staff is prepared to handle the day-to-day management in your absence.

Seasonal Staffing

For businesses that have an increase in sales during the summer months, it might make sense to hire seasonal employees. An increase in business for a few months doesn’t often merit hiring a bunch of full-time employees. Instead, consider working with a temporary hiring agency or looking for options to bring on freelance contractors for a time.

Just make sure that you are working with your accountant to coordinate payments. A contractor will be paid in a different way than a full-time employee. Taxes and withholdings are handled uniquely, and your accounting team can ensure that you are doing the right thing.

An accountant can also help you distinguish between the tasks of an employee and contractor. Some business owners want to hire contractors so that they can avoid paying benefits and other overhead costs. But, if the workflow and requirements match the legal guidelines for an employee, then you need to make sure that you are complying with the right payment methods. An experienced accountant can help you compare the options so that you can bring in the best talent and maximize your spending at the same time.

Online Accounting Management

If you are planning to take some time off with your family, consider the benefits of implementing an online accounting system before you leave. These programs make it easy for you to stay up-to-date with the numbers so that you can see what is going on while you are away. Don’t get stuck in the old paper filing methods now that we live in a digital world!

Implementing an online system is one of the best things that you can do to streamline your business finances. It is easy to run reports and get a feel for the profitability of the year. Your accountant can make recommendations about the software program that match the needs of your company.

Another thing to consider is the benefit of hiring an accounting team if you don’t already have these services in place. Hiring an accounting means that you can take off with the family for a fun vacation, without worrying about the financial details back in the office.

Summer Promotions

Are things slowing down during the summer months, but you want to keep the income flowing? Then right now might be a great time to run a promotion or new marketing campaign. Just because things often slow down during this time of year, doesn’t mean that your business needs to take a hit. The right marketing campaign can bring more people through the door, helping to boost the bottom line.

Look for ways that you can add some summer fun to your promotions. For example, you might have a BBQ in the parking lot or pass out popsicles on the day of a big sale. These things might seem small, but they can offer a great way to generate goodwill with current and potential customers.

Maintaining Productivity during the Summer Months

One of the biggest concerns that small businesses have during this time of year is the decline in productivity among employees. When people are away from the office and the workload goes down, it is tempting to spend more time around the water cooler. As a result, your business will suffer even if you are fully staffed.

Consider steps that can be implemented to boost employee morale and encourage productivity. The summer season could be a good time of year to implement a fun competition or contest that offers extra rewards for performance.

Also, look for ways that you can help employees recharge during their breaks so that they are refreshed and ready to get back to work. A comfortable break room or outdoor area can be a nice way to provide a positive work environment.

Catching Up on Bookkeeping

Do you get caught in the trap of ignoring your bookkeeping until it is time to file tax paperwork? Too often, small business owners get stressed because they are trying to crunch the numbers during a busy time of the year.

If you have extra time available during the summer months, then it can be a great opportunity to get caught up on the busy work that has been neglected. Sort through the paperwork, finish up data entry, and talk to your accountant to see if there is anything else that needs to be addressed. When things are slower, it is the perfect time to implement a new program if you want to make changes.

Keep Up with Payments and Paperwork

Just because you are taking time off for vacation, doesn’t mean that you can neglect important tax payments and paperwork. For example, June 15th is coming up, which means that many people need to drop a check in the mail for their 2nd estimated tax payment in 2017. Missing this deadline could result in late fees and interest costs, increasing the amount that you need to pay in the future. Your accountant can help you determine if you are required to make these estimated payments throughout the year.

It is also essential to stay up-to-date with payroll and withholdings. You might be away from the office, but your employees will still need to be paid! Hiring a payroll service will give you the ability to go out of town without leaving your staff without a paycheck. These services offer a great way to stay ahead of ongoing withholdings and payments that need to be made throughout the year.

Track Expenses

Whenever you have an expense that can be used as a deduction on your taxes, make sure that you are keeping the receipts and documentation. Uncommon expenses might pop up during the summer, such as a company BBQ or other perks that you offer to employees or customers. These costs can be considered in your tax preparation, but you can’t claim the deductions if you don’t have documentation for the transactions.

So, it can be a good idea to gather the receipts and file them for the future. A good filing system will ensure that you can find the documentation if it is needed for any reason.

Hiring a Professional Accounting Team

There is no doubt that an experienced accountant can help you maximize your profits and improve future results for your company. Small business owners often follow a do-it-yourself approach to these tasks. So, stress levels can go up if you are trying to manage everything on your own. There is no reason that you need to carry the burden without the support of an experienced team, and right now might be the perfect opportunity to explore your options.

Bringing in an accountant can help you analyze your profit and loss reports so that you can look for ways to boost your cash flow. At the same time, consider the areas where you can cut unneeded expenses that are running up your overhead costs.

Are you interested in learning more about how professional accounting services can be beneficial for your company this summer? Then right now is a great time to talk to our team here at Easier Accounting. We specialize in small business accounting services, and we are here to help! Contact us to see how we can assist with your business finances. We are happy to cater the information to match the needs of your company. Call to schedule a consultation: (888) 620-0770

Factors to Consider if You Need a Small Business Loan

Are you preparing to launch a start-up? Or do you need some extra money to help with the cash flow of your existing company? There are many reasons why business owners and entrepreneurs might be thinking about applying for a business loan. Before you run to the bank to open a line of credit, it is important that you talk to your accounting team to learn more about financial strategies that can be used in this situation.

Cash Flow for Business Operations

It is important to be sure that you have the cash flow to maintain daily operations for the company, which often means that you need to front the cash to pay for inventory and other expenses. But, you need to be careful to ensure that you have enough money to carry the company until the receivables come in.

If you know the numbers, then the risk is minimal to front this money. So, you should maintain close communication with your accountant to ensure that you can pay off the loan when the extra cash is available.

But, mistakes can be made and cause your company to be strapped in debt. These debt payments could make it harder to keep up with cash flow, eventually leading to the demise of the business.

Making Debt Useful to Grow Your Business

There is nothing wrong with using debt to grow your company. You just need to be sure that you are working with experienced financial professionals to ensure the long-term success of your strategy. Once these funds are secured, then you can use the money to boost inventory or focus on business development. Eventually, the risk could pay off with a big return on your investment.

There is no doubt that it takes money to earn money. Some business owners have a reserve of cash that can be used to get the company off the ground. Other times, it might be necessary to find angel investors or to get the financing that is needed from a lender.

How to Get a Small Business Loan

Don’t expect to walk into a bank and have easy access to money for a business loan. You need to do your homework and make sure that you are prepared when you meet with the lender. This meeting is essential to help you secure the funding that is needed. But, it can be a challenge for some people to get the approvals that are necessary for a loan or line of credit.

Securing a business loan is even harder if you haven’t been in business for many years or you don’t have the assets to use as collateral. The lender wants to see that there is a fallback option if you default on the loan. They are looking at the risk of lending the money to you.

Here are a few things that you can do to win over the lender and secure the loan that you need:

  • Provide the Lender What They Want: The lender will provide the money, with the caveat that it will be paid back in full with interest. The biggest worry is that you will be unable to pay back the loan. So, the lender will assess your personal financial history, to see if you have a good credit score and track record. Additionally, they will request information about the business plan and the anticipated outcomes as you work through the anticipated challenges of owning a small business. You need to be prepared with details and documents that will show why you can succeed when other businesses in the same industry have failed.
  • Provide the Paperwork: Don’t show up to your meeting empty-handed. Most lenders will be looking for specific documents, and they might even provide a list of requested information in advance. For example, you should bring business tax returns, profit and loss reports, proof of sales, your business plan, bank statements, or anything else that will help to show the financial picture of your company.
  • Choose the Right Lender: Instead of walking into a random bank down the street, do your homework to find a lender with a good reputation. If possible, it is best to find a financial institution that often works with small businesses and entrepreneurs. What types of loans does the lender typically offer? Do they have a good reputation among their customers? Choosing the right company can increase the likelihood that you can secure the money that you need.
  • Build Business Credit: If you are applying for a personal loan, then the lender will run your credit score to determine the risk of lending to you. In the same way, banks want to know more about your business credit score. They will look at assets and credit history to see if you have built a strong financial reputation for the company. Without this credit history, it can be hard to get approval for the loan. The best way that you can build your business credit is by securing smaller lines of credit through suppliers or investors. Then, you can strengthen your credit rating and buy assets that can be used to back up the loan money.

If you have questions about the process of getting a business loan, it can be helpful to talk to your small business accountant for advice and information. You accountant can help you prepare the documentation that is needed. Sometimes, they can even provide recommendations about good lenders to work with.

Choosing a Bank for a Small Business Loan

As mentioned above, choosing the right lender is a critical step to help you secure the loan that you need. By selecting a reputable lender, you can rest assured to know that you won’t get burned by the loan. Find someone who can offer fair interest rates and reasonable payback terms.

The most important factor is to make sure that you choose a bank that is friendly to small businesses. Here are a few options that you might consider:

  • Local Banks: Applying for a loan with a large corporate bank means that you might get lost in the shuffle. Instead, look for small financial companies that often work with local businesses. There is a Small Business Lending Fund that can be used by community banks to fund loans for small companies.
  • Talk to Other Small Businesses: Do you know any other small business owners in the area? Often, start-ups and entrepreneurs are well-connected with other people in the same situation. Ask your network to find out where they secured financing, and they will likely provide referrals for you to use.
  • Small Business Administration Secured Loans: Consider the option to apply for loans that are secured by the Small Business Administration (SBA) in the United States. These lenders will be listed as either preferred or certified by the SBA. The loan doesn’t come directly from the SBA. Instead, the lenders can secure financing through the SBA to provide loans for small businesses.

Comparing Your Options

Keep in mind that you don’t have to limit yourself to one financial company. Instead, it can be beneficial to apply for several loans so that you can compare your options. There are many lenders willing to provide the money that you need, and it can be to your benefit to compare the offerings so that you can find the best terms for your needs.

Be selective about the loans that you choose because you need to be sure that the financing will support the long-term results for your business. If the repayment terms are too difficult to meet, then you might consider looking for other options that are available.

Using the Money Wisely

Once the loan has been approved and you have secured the money that you need, work with your accountant to make sure that the money is used in the right way. Too often, business owners spend the loan money too quickly on things that won’t necessarily contribute to the future growth of the company. Then, they are stuck with the same revenue and higher bills that need to be paid each month.

Your accountant and other financial professionals can help you assess the anticipated Return on Investment for the money that you will be spending. Be selective to dedicate the money to business activities that will help to boost your revenue, providing the cash flow that you need to pay back the loan.

Are you looking for financial advice catered to the needs of your company? Then you need to talk to our team here at Easier Accounting. We specialize in small business accounting, and our goal is to provide the financial strategies that will help your business grow. We can cater your accounting services to match the needs of your company.

We are always happy to answer your questions and help with anything that you need. Call us to learn more about the ways that we can help your small business. We will gladly schedule an appointment to discuss the services that we offer: (888) 620-0770

How Will Accounting Services Help Your Business?

A business idea is just the first step in a long journey that will lead your company to success in the future. There are many people who come up with great ideas, but find their business fails because they don’t implement the right systems to help the company to succeed. Are you looking outside the box to find the solutions that will benefit your organization?

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One of the biggest reasons that companies fail is because they don’t implement the right accounting system. A spreadsheet or notebook with listed expenses might be a manageable solution when you are working out of your garage. But, moving to a place that allows your business to grow will expand the financial requirements of the company. You need to be sure that you are setting the foundation for future growth by implementing an accounting system that will track your current results and look at possibilities in the future.

Manage Your Business Financial Information in a Proactive Way

It would be nice if you could organize the company, point everyone in a specific direction, and then step back to let things happen. But, without proactive management, it is possible that small potholes could turn into major roadblocks in the future. A business is a living entity that needs to be managed, which is why you need to put checks and balances in place to ensure future success.

Daily systems need to include tracking of incoming receivables and outgoing expenses. If you aren’t keeping up with this information, it is likely that you will run into issues with cash flow problems. Even if the money is coming in the future, you need to have the cash available to pay the bills right now.

It is a mistake to manage the financial details of your company reactively. For example, some business owners don’t track all of the expenses; then they make their financial decisions based on the current balance in the bank account. As a result, the account might be overdrawn because they didn’t account for upcoming tax payments or payroll.

So, you need to tap into the experience of a knowledgeable accountant who can keep up with the daily transactions. Additionally, these accounting services can be essential to help you prepare for future expenses and investments for product development.

Top Business Goal: Make a Profit

It is obvious that the top goal of your company is to make a profit, but many businesses come up short in these efforts. Even if you are bringing in a lot of money, there won’t be anything leftover if your expenses are high. So, you need to analyze the money that you are spending and compare it with the money that is coming in to see how much will be leftover when the dust settles.

Quality bookkeeping and accounting services are essential to help you manage the reports and look at financial projections for the future. Your accountant can help you stay ahead of the payments that will be due so that you can avoid cash flow issues and other common problems that pop up along the way.

Another benefit of accounting services is to identify the unnecessary expenses that might be chipping away at your bottom line. If you are spending money on things that aren’t contributing to creating a profitable company, then your accountant can help you see the things that need to be cut. Too often, business owners are too busy to look at this information, or they don’t know what they are looking for when they pull up the accounting numbers.

Cutting Costs and Increasing Receivables

To boost profits, there are two things that your accountant will suggest for your company. First, you need to decrease the money that is spent. As mentioned above, your accountant can help you trim down on the monthly expenses to increase the profit margins that are available. You need to make sure that you are receiving more money than what is being spent!

Additionally, you need to look for ways that you can increase the amount of money that is coming into the company. Focus on the tasks that bring in the most income, so that you can increase those tasks to optimize your team’s efforts.

Accounting is a great way for you to make educated decisions that will impact both the current and future financial results for your company. For example, if you can see that you aren’t bringing in enough money to cover expenses, you might be able to make small adjustments to change the price of your products or services so that you can reach a desired level of profitability. It can take some work to keep up with these numbers, but your accountant can assist so that you can focus on other responsibilities related to owning and managing a company.

Basic Accounting Services that are Essential for Your Business

When you learn the value of accounting services, it is a no-brainer solution to hire someone to assist. The next question on your mind might be related to the person that you hire: how do you choose the best accounting service for your company?

You need to make sure that the accountant is knowledgeable in all of the financial services that your business will need:

  • Capturing costs and tracking expenses
  • Organizing costs into categories such as inventory, labor, overhead, and more
  • Running reports to show the financial health of the company
  • Tracking money that is coming in from the products and services that are offered
  • Analyzing cost behavior to predict future results
  • Adjusting price points for services or products
  • Budgeting to manage cash flow
  • Maximizing tax deductions
  • Handling tax filing and paperwork on a monthly, quarterly, and annual basis

These things are some of the basic accounting services that are required by most companies. You might need all of these services, as well as a few unique services applicable to your requirements. It is essential that you talk to an experienced accounting team to get the recommendations based on the nuances of your industry.

Free Up Your Time for Business Growth

If you are spending your time on financial activities, it is likely that you are missing out on future growth opportunities in your company. Business owners have many responsibilities that they need to handle. Stretching yourself thin by taking on too many responsibilities can cause overall business performance and results to decline.

You shouldn’t be spending your time on busy work to complete tasks such as payroll processing or data entry for new invoices. Instead, you need to be focusing on the management of your employees and development of new products that can be offered to your customers. Spend your valuable time on the activities that will help your company grow, and outsource these important accounting tasks to an experienced contractor.

Invest in Accounting Services to Build Your Company

Some business owners attempt a do-it-yourself approach with their accounting systems because they don’t want to spend money on the cost of accounting services. Instead of looking at this service as an expense, you need to see it as an investment.

Not only will your accountant help with the organization of your financial records, but an experienced accountant can also increase the likelihood that your business will reach higher levels of success in the future. Proper financial tracking can improve your ability to make the right decisions because you will be informed about the financial health of your business at any given moment. At the same time, an accountant can help you save money on taxes and other expenses that might be eating away at your profit margins.

Hiring an Experienced Accounting Team

Whether you need to implement an accounting system for the first time or you can see that it is time to upgrade your current system, Easier Accounting is here to help. We specialize in accounting services for small businesses and entrepreneurs, and our goal is to create a system that is built to handle the future success of your company.

We know the problems that might arise in your business, and we have the experience that is needed to avoid these problems proactively. By taking a proactive approach with your accounting system, you can streamline your business processes and eliminate stressful “reactive” financial management in your business operations.

There are many online accounting solutions that can be used as a cheaper alternative to hiring a local accountant. Here at Easier Accounting, we want to help you see why our company stands out from the competition. We are looking for the best solutions to offer high-caliber results at affordable prices. We invite you to talk to our team and compare the options, and you will see that we are leading the industry.

For more information about how your company will benefit from small business accounting services, we invite you to contact us today. We would be glad to schedule a consultation with you to discuss our services and the results you can expect. Contact Easier Accounting at (888) 620-0770

Business Acquisition 101: What You Need to Know Before Finalizing the Merger

It is exciting to experience growth in your business, but eventually, major growth will lead to change in the company. Established businesses often find it beneficial to acquire another company, which can rapidly expand the products and services that are offered to your customers.

If you want to expand your company, then it is essential that you are open to asset acquisition. But, you need to be cautious in the way that you proceed. Handling the situation incorrectly could result in major problems down the road.

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Advice from the Professionals

When you are moving toward an acquisition, the best thing that you can do is consult with an experienced business accountant. Your accountant will look at the numbers to determine the potential for future growth, helping you to see the possibilities that could be created in the future.

Most business owners don’t have experience or education to know how to handle an acquisition. Attempting a do-it-yourself approach could eventually bring down the company. You need to be sure that you are managing your cash flow and employees, to provide top-notch services to your customers throughout the transition.

How do you know if the acquisition is in line with your goals for the company? Keep reading to learn more about how an acquisition could impact your business.

Do Your Homework

Even if the storefront looks nice, you don’t know a lot about the company until you get a look at their books. It is essential that you have an audit completed. All of the numbers need to be checked and double-checked, to be sure that you aren’t overlooking any potentially harmful financial information.

This research gives you a full picture of what you are getting yourself into from a financial standpoint. Even if you have positive predictions for the future, there might be a lot of work to get to that point. Look at the real numbers right now to understand the debt load, cash flow, income, and burdens that will need to be managed.

Stay grounded in this research process! Too often, business owners get overly excited about the possibilities. As a result, they overlook the harsh realities that will need to be faced when the merger is done. It is good to identify the possibilities, but you also need to be focused on a realistic forecast and how it will impact the financial success of your business.

Not only should you audit the books, but also look at the reputation of the owner and managers. Finding a history of lawsuits or reputation problems could be a red flag that you are stepping into a bad situation. Ask questions about investor or shareholder reputations. Look for details about conflicts or lawsuits that have been recorded.

If you find that the business owner complains about the audit or tries to withhold information, then you might consider walking away from the deal. It is essential that you have full transparency about the situation so that you can determine whether the merger is a smart move.

Is the Company in Alignment with Your Culture and Mission?

There’s always an adjustment period after an acquisition. But, these adjustments can be nearly impossible if you are bringing in employees who are accustomed to a drastically different company culture. If you want to merge the teams, then you need to have a plan in place that will bridge the gap in office culture.

The easiest solution to choose a company that already offers similar services. When things are in alignment from the beginning, then employees won’t need to go through drastic changes after the merger is complete.

In the situation where you are buying a company that offers products that are significantly different from your current offerings, then you need to show your customers how it makes sense. Highlight the opportunities that are available for customers, helping them to see the benefits that they will receive because of the acquisition.

What are the Anticipated Cash Flow and Operating Expenses?

The purchase price is usually the number that is focused on during the negotiations. While the initial price is important, you also need to consider the impact of operating costs after the sale is complete. Regardless of past performance or future projections, you need to be able to cover the daily operating costs for your new venture.

Find out details about monthly expenses, payroll, equipment, and any other overhead costs that will need to be paid. Does the company own, lease, or rent their building? How much is spent for the monthly office costs as well as utilities? What are the anticipated costs of employee benefits, payroll, and training?

All potential scenarios need to be considered so that you can see the impact on your business. Even if you aren’t planning to keep all of the new employees, you need to consider potential upfront costs for severance packages.

Never make the mistake of forming assumptions or guessing on the numbers for operating costs. Instead, it is better to look at a few years’ worth of balance sheets and bank statements. Your business accountant can help you understand the current position of the company and the things that you can expect in the future.

Current Market Conditions

The market can change over the years, which often has a big impact on sales and revenue. Is the economy for your industry increasing or declining right now? If things are slowing down, then you might have more success buying a new venture instead of sticking in the same line of products.

For example, businesses that previously offered landline phone services were left in the dust if they didn’t innovate with the invention of cell phones. As the industry was changing, it would have been a poorly timed move to acquire another landline phone company. But, the businesses which merged with companies that offered newer technology could use the acquisition to support future growth.

Look for acquisitions that can allow your company to offer new services or products, add new accounts in the industry, or give your business a competitive advantage in the industry.

If you are investing in a new company, then it is best if the acquisition brings in new customers and provides the options to expand the list of current customers.

Have a Plan in Place for All Scenarios

Even though the hope is that your merger will boost profitability and future success, there is a possibility that the efforts might fail. If things go wrong, how will you handle the situation? Too often, business owners know how to manage the successes, but they are unsure about how to handle the failures.

You might not be planning to fail with this effort. But, you need to be sure that you have an exit plan in place. Talk to your accountant about all possible scenarios that you might experience. Then, put together a strategy that will help you handle the situation as it plays out.

The advice from an experienced financial professional can help you avoid common mistakes along the way. Maintain open communication with your accountant and business lawyer to ensure a smooth process to close the deal.

Real Value for Your Company

Looking through this information will help you see the real value that is available through the merger. It is essential that you develop solid evidence that your business acquisition will bring new value and revenue for your company. Otherwise, you might be stunting the growth of your company by bringing in another business line that is not sustainable.

If the business you are acquiring is in serious financial trouble, then you might have a hard time pulling the company out of the nosedive. But, there are situations where this situation can be a recipe for success when handled correctly. So, the best scenario is to put together a detailed business plan that can help you overcome potential roadblocks along the way.

The best way that you can support rapid growth for your company is to work with a team of trusted professional accountants. These financial experts can answer your questions and sort through the numbers to identify the best- and worst-case scenarios that you can experience.

Talk to an Experienced Team of Accountants

Here at Easier Accounting, we offer top-notch business accounting services. We can support you through all the changes that you might encounter throughout the year. Our goal is to manage the books and tax paperwork, to keep things simple so that you can focus on the growth of your company.

By working with an accountant professional, you set yourself up for success. We have many years of experience helping small business owners with growth, acquisition, and development. Our financial services can be a powerful way to help you maintain full transparency so that you can make the right decisions for the future of your business.

Are you ready to learn more about our high-quality business accounting and bookkeeping services? Then we invite you to contact us to have a conversation about how our team can help your company: (888) 620-0770

Boost Your Success by Making Necessary Adjustments to Your Business Strategy

Entrepreneurs start out with big dreams and great intentions, hoping to make a difference with their business efforts. Even if you are thorough with your business plan, it is likely that you will face roadblocks and potential problems along the way. Being a business owner means that you need to be able to make adjustments to accommodate the changing needs of your company.

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Changing Your Business Strategy

Have you ever watched a football game, and noticed when an athlete “fakes” the ball? They try to confuse the opponent by pretending to throw the ball in one direction when the play will actually result in a different outcome. These athletes need to think on their feet and read the field, making adjustments and split-second decisions along the way.

In the same manner, entrepreneurs need to see how things are pulling together so that they can make the best decisions for the future success of their company. If a decision doesn’t look like it is going to turn out as anticipated, then you might need to make some changes to avoid problems. Sometimes, these decisions need to be made in an instant. Your goals of business success remain the same, even if you need to make adjustments to the focus or flow of products and services.

But, you should always be sure that you are making the decisions based on logic and reason, instead of emotion. It can be hard to separate your emotions and logic when you have been working so hard to build the company. So, you need to be sure that you have a team of financial professionals who can offer advice every step of the way.

Why Does Business Strategy need to be Changed?

There are several scenarios that might require adjustments and changes for your company. For example, if you encounter an obstacle or problem that is halting the growth of your business, then you need to look for options to move around the problem. Don’t let yourself get stuck in the rut waiting for things to change! Instead, be open to suggestions and look for other ways that you can solve the issues you are facing.

Here are a few reasons why you might consider changes in your company:

  • High turnover
  • Changing industry
  • Irrelevant product
  • Stiff competition
  • Employee issues
  • High turnover
  • Personal problems

Sometimes, small adjustments can go a long way to adjusting the trajectory for future success. Other times, it might be necessary to completely re-vamp systems or change product offerings to stay relevant in the industry. You might not be able to predict the changes that will be needed. But, you can stay up-to-date about current trends, successes, and projections for the future. Keeping current with the financial reporting will give you the information so that you can make changes when they are needed.

Business owners don’t often have time to worry about bookkeeping tasks or accounting reports. Instead of spending your valuable day crunching the numbers, you should consider the benefits of hiring a professional accountant to help. These services will free up your time so that you can focus on business growth activities. At the same time, you will still have access to the important financial information that will support the decisions that you will make for the company.

Setting the Intention for Your Company

Ultimately, you need to make sure that you have a clear intention for your company and you have laid the roadwork to ensure action to reach your goal. If you aren’t intentional with your daily, weekly, monthly, and annual plan, then you could be missing out on potential success in the future.

Most business owners don’t realize that they lack the intentional planning that is needed. Instead, they get side-tracked with problems and issues that need to be handled along the way. Then, the problems eventually get bigger when the foundational issues aren’t addressed.

Consulting with an accountant and other business professionals is important so that you can put together a successful business plan. Then, you need to keep your eyes and ears open on the market, so that you can identify when changes need to be made along the way.

Your business plan should outline the steps that need to be followed that will lead to the future growth that you desire. Without measurable, actionable items, it is difficult to know how things are going work out for your company. So, you need to be deliberate about hiring the right team that will provide the necessary support that is needed.

Focusing on Solutions, Not Problems

There is no doubt that problems and roadblocks will be encountered when building a business. The question is: how are you going to handle those issues? Some people get caught up in the problem, which slows down the action and stops important business functions. But, successful people recognize the problem, then identify potential solutions instead of dwelling in their disappointment or frustration.

It has been said that a large percentage of new businesses will fail within the first five years. What happened to those companies? Too often, problems arose, and the business owner didn’t have the flexibility to change or make adjustments to cater to the needs of the industry.

Business owners who are unwilling to change their strategy are on the road to failure. There is no doubt that the business world is rapidly changing, especially with the information that is available online. As you are starting a business, you need to be ready to go with the flow and make adjustments as needed.

Putting Employees and Customers First

Now that you can see how change is an unavoidable part of business ownership, the next step is to identify the types of changes that can be made to protect your company. Remember, change isn’t always a bad thing! But, it can be bad if handled incorrectly.

If you are getting ready to implement changes in your company, then you need to maintain strong leadership that will support your team. Put employees first so that they can see the benefits and hop on board with the new initiatives. Employees often feel terrified at the idea that changes are occurring in the workplace, which can sometimes lead to turnover.

These problems can be avoided by maintaining open communication with your employees. Be careful so that you cultivate an environment that is positive and encouraging during the transition. If management is grumbling, then the employees will likely be unhappy as well. So, you need to take a top-down approach to lead by example.

It is also essential to consider the needs of your customers, to avoid losing out on a long list of people who have purchased your product or service in the past. Proactive retention marketing can be a valuable way to offer information and highlight new services that are available.

Close Communication with Your Accounting Team

Whether you are maintaining consistency in your company or you are preparing to make major changes, it is essential that you stay in close contact with your accounting team. These financial professionals can help you see how the changes will impact your bottom line. They will be able to highlight information about potential growth or cash flow issues that might be downstream from your decision.

Additionally, an experienced accounting team can help you put a new plan in place. Strategically, you can minimize the risk when implementing changes, to protect the business interests of your company. You need to have an unbiased financial advisor who can look at the numbers and help you choose the best strategy to ensure success in the future.

Ongoing financial tracking is necessary so that you can continuously identify potential problems along the way. At the same time, your accounting team can help you see opportunities to maximize cash flow and profit. Staying agile in your industry will help you maintain your edge over the competitors, leading your company to bigger growth in the future.

An Experienced Accounting Team to Support Your Business

Are you missing out on potential opportunities for growth in the future? It is important that you are working with an experienced accounting team who will offer you the necessary support as you are building your company.

Our team at Easier Accounting focuses on accounting solutions for small businesses and entrepreneurs. We understand the nuances of starting a business and working through common growing pains. We are here to help with the financial tracking that is necessary to ensure the success of your company.

We will help you stay ahead of the numbers and manage tax requirements so that you can focus on the strategy of managing your business. With the right financial team, you can rest assured to know that you aren’t overlooking important information when you are making big decisions for your company.

When you are ready to work with a top-notch accounting team, then we invite you to contact us to learn more about the services that are available. We are here to help! Call anytime for information about how we can support your business efforts: (888) 620-0770

Working Capital and Cash Flow: Understanding Both Metrics to Meet Business Financial Expectations

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As a new small business owner, there are numerous tasks that now have to deal with on a daily basis. You have to make sure employees deliver the right services and products to customers. You also need accurate accounting services to manage business revenue, payroll, and expenses. So when people start throwing out new terms such as “working capital” and “cash flow,” you can start to become confused.

What is Working Capital and Cash Flow?

These two terms are not the same. Yet they do work together when it comes to letting you know about the current and future success or failure of your business.

Cash flow represents all the money that is flowing into and out from your business during a specified time frame. Cash flow can consist of accounts receivable, accounts payable, and inventory. So your sales transactions with customers, collection processes, invoices you have to pay to suppliers, office rent, loan payments and merchandise are considered cash flow.

Working capital refers to all the current assets as well as current liabilities in your small business. A current asset isn’t just the cash that you keep in your cash register. It also represents any assets such as equipment or inventory that can be converted into cash, which is called operating liquidity. Current liabilities are all expenses and debts that become due within a 12-month period.

What Can These Key Financial Metrics Tell You?

Both working capital and cash flow can give key indications regarding the financial health of your business now as well as in the future. By understanding both of these metrics, you can have a snapshot of how effectively your company is bringing in money and investing it back into your business operations.

Top accounting trends to consider in 2017

When you have positive working capital, this phrase means that your small business is bringing in cash flow and current assets that can cover all business liabilities. If you have negative working capital, it means that your business cannot cover the current liabilities as you have more cash flow moving out of your business than what you are moving into it.

Now, just because your business has fantastic cash flow moving into your operations doesn’t mean that you have positive working capital. Your business may have incurred large, ongoing debts or you have invested significant amounts of money into the facilities where one slow sales season could see your business in financial trouble.

Managing Working Capital and Cash Flow

The best way to manage working capital and cash flow is to have accurate financial records throughout the life of your company so you can make the right financial decisions. You need to get back to your accounting basics and optimize your accounts receivable/accounts payable tasks so that you are invoicing your customers correctly and in a timely manner to further generate cash flow.

You also need to make smarter inventory management decisions. You want your small business to have the right amount of inventory to satisfy sales orders without sinking too much money into buying products that won’t move off the shelves fast enough.

Another thing to consider is how you are investing in your company. Are you purchasing equipment and products that are essential to operations and business growth or just throwing money away on the newest innovations that won’t have a significant impact on processes? Also, consider whether it is the right time to acquire debt from bank loans for business expansion, or if you are acquiring too much long-term debt that can make it difficult for your business to eventually repay.

Having accurate bookkeeping and financial records will always allow you to keep track of your working capital and cash flow for your small business. If you are worried about the financial health of your business, hiring outside accounting services can help you audit your financial records, spot mistakes, and offer advice on how to get your business back on track when you want to improve your working capital and cash flow management.

Common Business Tax Preparation Mistakes to Avoid

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So you are claiming your entire $5,000 family cruise vacation as a business expense because you passed out one business card to a person at the bar? It is these problems that can get you in hot water with the IRS as you will be staring down at an audit of all your financial records.

Filing your small business taxes accurately allows you to meet all local, state, and federal regulations while also ensuring you are getting all the reasonable tax deductions for your business. We have gathered a list of common tax preparation mistakes that small business owners can make.

Co-Mingling Business and Personal Bank Accounts

It is the top mistake that small business owners make. It usually happens when they are an independent contractor who normally placed their business income into their personal bank account yet the person is now considering becoming a larger business and hiring employees.

Unfortunately, they are still placing their sales profits into that same account. Once you take that step into small business ownership, you need to have a separate business account to make it easier to track all your business-related income and expenses. You should also have two separate bank accounts even when owning a home-based business.

Overlooking Business Deductions

There are numerous business deductions that a small business overlooks yet these expenses can significantly lower your taxable income. A person who has to drive to other business locations will normally take a mileage deduction. Yet there are also other tax deductible things related to using your car for business such as lease payments, parking fees, toll fees, insurance, gas and even the tires.

No matter if the deduction is small, they can add up to significantly lower your taxable income. You can even claim a percentage of your phone and Internet costs as a tax deductible expense in a home office.

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Claiming Higher Deduction Amounts Than Normal

It is easy to get carried away with the tax deductions. Most often the problem lies where you are claiming a full 100-percent tax deduction for an item where you can only claim a partial deduction.

Accounting services can help you by going over what actually qualifies as a business tax deduction and how much you can deduct from those expenses on your tax forms. Always keep in mind that constantly having the same expenses that aren’t normal for the type of business you operate can create red flags to the IRS.

Forgetting to Include Expenses for Starting Your Business

The moment you make your first sales transaction is normally the moment when you begin reporting your business taxes. Yet did you know that your startup expenses are also tax deductible?

During the period when your small business wasn’t in full operation, you acquired capital expenses when analyzing a business market segment that you wanted to delve into, training employees, advertising your business before the grand opening, and travel costs to locate suppliers and vendors. You can claim these expenses as deductions. Having accurate financial records and working with accounting services can allow you to figure out what startup deductions you can claim.

Recording Inaccurate Payroll Taxes

It only takes one misplaced period in your payroll tax filings to create mounds of audit paperwork and headaches from the IRS. It is essential to keep accurate reports of your taxes both as an employer when reporting business income and losses, as well as when collecting employee taxes and paying wages. If you are not an expert with either the accounting and tax aspect of your business, there are many accounting services and payroll software available that can assist you. Then you can be rest assured that your recordkeeping is as accurate as possible.

Avoiding these tax preparation mistakes will allow you to run your business optimally, receive the tax deductions for your business operations, and pay all required tax obligations. In addition, you will also be able to use the accurate income and expense reports to forecast future business growth so you can begin expanding your operations.

5 Things You Need to Do Before Talking to Your Accountant about Taxes This Year

Tax season is here, making many small business owners groan at the idea of scheduling an appointment with their accountant for tax preparation. Whether you own a small business or you are an employee, taxes are unavoidable. But, there are more things that will need to be done if you are filing your personal taxes as well as your business taxes.

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If you have an appointment scheduled or you are getting ready to talk to your accountant, there are several things that you need to consider before the meeting.

Do-It-Yourself vs. Professional Tax Preparation

The first question to ask is whether you should file your taxes on your own or hire someone to help. Even if you have completed your personal taxes in the past, it is important to know that business taxes are a bit more complicated. Even if you feel comfortable filing your tax return, it is suggested that you work with a tax professional for all business-related tax questions and filings.

Remember, tax laws change every year. So, you need to be sure that you have an accounting professional who is keeping up with the trends to ensure that your business is compliant with the new laws.

There’s no reason for you to spend the time trying to decipher tax laws! Your time is better spent on growing and running your business. Outsource your tax preparation to save yourself a headache that often comes during this time of year.

Even if you are outsourcing your tax preparation, there are a few things that you can do to be ready for the meeting with your accountant. Here are five steps that should be followed before the meeting:

Step #1: Gather Tax Paperwork

If you are filing personal taxes as an employee, then you only need to worry about a W2 and a few other financial documents for the tax return. But, there are many other documents that will need to be gathered and provided to your accountant for a business tax return. You might receive 1099’s and other statements of income. It is also a good idea to bring forms showing details about your bank accounts, investment accounts, debt interest payments, and more.

This tax paperwork shows your accountant the financial map, helping them to see the annual picture of your business income and expenses over the course of the fiscal year. Providing the paperwork decreases the likelihood that a miscommunication will occur. With this information, the accountant can crunch the numbers and figure out the best strategy for filing your taxes.

You might provide them with a stack of paperwork and call it good. Or, you might have a summary page that maps out the accounts to provide an easy-to-reference sheet for the accountant to review. Talk to your small business accounting team to see if they have any specific requests about what information you should provide during your tax appointment.

Step #2: Provide Payroll Details and Estimated Tax Payments

How much did you pay in payroll and payroll taxes? These numbers are necessary for your business tax filing. If you were consistent with tracking financial information throughout the year, this should be as simple as running a report in your accounting software to provide to your accountant.

However, it is a good idea to do an audit to ensure the reporting information is correct. These internal audits should be performed on a regular basis to identify potential mistakes or errors that were made in payroll processing or during data entry. Identifying these problems before tax filing time can help you avoid problems later.

It is also important that you provide detailed information about any estimated tax payments that were made. These tax payments should include quarterly taxes as well as other tax expenses such as employment taxes. Your accountant can help you stay ahead of these payments all year long to ensure that you don’t miss any of the necessary deadlines.

Step #3: Details about Expenses and Tax Deductions

One of the most powerful benefits of owning a business is leveraging tax write-offs where appropriate. If expenses are business-related, you can write off those costs on your taxes and reduce the amount of taxable income that will be factored into the return.

What types of expenses can you write off? It varies, depending on the type of business. If you have a home-based business, there are a few things that your tax accountant might ask about, such as utility bills, mortgage payments, and cell phone usage so that an appropriate write-off can be calculated. Other write-offs include the cost of business development, equipment, a company vehicle and more.

Here is a list of potential expenses that you might be able to use as tax deductions:

  • Marketing or advertising costs
  • Local transportation, including a mileage log for your car
  • Travel costs, including airfare, meals, hotel, taxis, and any other costs that were incurred
  • Phone lines, including cell phones, VOIP, and land lines
  • Internet, computer, and software costs
  • Payments made to subcontractors
  • Insurance and certification premiums
  • Depreciation of old assets
  • Office supplies
  • Rental costs
  • Utilities
  • Professional expenses for consultants, accountants, and lawyers
  • Bank and credit card interest expenses
  • In-home office deductions
  • Payroll costs
  • Health insurance premiums
  • Estimated tax payments
  • Maintenance and repairs

This list is not comprehensive. But, it will give you a good idea about the types of expenses that your accountant will be asking about.

The best thing that you can do is talk to your accountant in advance about potential write-offs that should be tracked for the year. Keeping detailed records of all of your expenses will ensure that you can use the deductions where they are appropriate. In some situations, you might choose to strategically purchase equipment or furniture before the end of the year in order to minimize tax burden. Other times, it might make sense to wait until January rolls around so that those deductions are available for the next year.

Make sure that you have receipts and documentation to back up the purchases that happened throughout the year. These deductions can be problematic if you don’t have documentation in case an audit happens in the future.

Step #4: Summarize Cost of Goods Sold

If your business sold any goods, you would need to have details about your inventory, including the total beginning dollar amount, purchases, and the ending dollar amount. Materials and supplies expenses also need to be figured into the business financial documents, so that you can determine overall profits and tax burdens for the year.

These numbers might seem overwhelming if you don’t know a lot about accounting. That’s why it is essential to have an experienced tax team who can offer advice and support all year long. Don’t wait until tax season to prepare the information for your accountant! Instead, have a solid system in place that will be used on a daily, weekly, and monthly basis to ensure that you have all of the financial information that will be needed.

Step #5: Bring Your Questions

Taxes can be complicated, leaving many small business owners confused about how the numbers worked out. If you have questions during the tax preparation process, it is important that you talk with your accountant to help you understand the details of the filing. Even though your tax accountant is managing the numbers and the paperwork, as a business owner, it can be very helpful for you to at least have a basic knowledge about how the calculations are summarized for the filing.

There are times when your accountant might come to you asking for specific information. Keeping open lines of communication will ensure that you have a good team to minimize the tax burden and maximize the final results.

What types of questions should you ask? Anything goes! Full-service accounting provides you with a great resource that you can tap into all year long. So, don’t feel like you need to wait until it is time for tax preparation before you talk to your accountant about the questions that arise. Strategic accounting can minimize the stress during tax time and make it easier for you to gather the necessary information when it is time to file your taxes.

Talk to an Experienced Accounting Team

The annual tax deadline is drawing near, so be sure that you are ready to have your paperwork submitted by the deadline. April 15th is the standard deadline each year. But, since this date falls on a weekend, you will have until April 18th to file your Federal tax return this year. The due dates for state tax filing varies depending on your location. It’s always best to talk to your accountant to ensure that you don’t miss the local deadlines.

Do you need help with your tax preparation? Talk to a small business accounting team to get the best service that can be catered to meet your needs. These services will ensure the financial success of your company, helping you to optimize profits and prepare for the future. For more information, talk to our team here are Easier Accounting to learn about the services that are available: (888) 620-0770

Year-End Accounting Checklist: Don’t Forget!

As you are busy marking off the items on your holiday shopping list, it is important that you don’t overlook the things that need to be done for your business before the end of the year. Certain tasks need to have a timestamp before the year’s end, so they apply to your taxes for the 2016 business year.

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Here are a few things that you should consider before the year ends:

Organize Your Receipts

Make sure that you have documentation for all of the transactions for the year. If you are missing any receipts, you can contact the vendor to ask for a new copy. Sometimes, it might be as easy as downloading the information from an email confirmation or an online database.

Keeping the documentation organized will make it easy for you to provide these details to your accountant when it is time to do your taxes. Make sure that all of the online transactions match up with your receipts.

Buy Office Equipment

If you need any computers or office equipment, right now might be the perfect time to make the purchase. Not only can you find great holiday sales, but you can also use the purchases as write-offs for 2016.

These purchases need to happen by December 31, 2016, if you want to use them for your taxes this year. Look at your year-to-date reports to decide if it makes sense to buy the equipment now, or if it would be better to wait until next year.

Talk to Your Accountant

Is there anything that you are overlooking before the year ends? Your accountant will stay current with all of the deadlines that need to be met. A quick conversation with your accountant can ensure that you have all your bases covered. Send an email or pick up the phone to ask if there is anything that you need to do before the end of the year.

A good accountant will work on tax strategy with you, and make recommendations about techniques that can be used to minimize tax burden.

If you need help wrapping up your business finances for the year, it is a great time to connect with a new accountant. At Easier Accounting, we are experienced with small business accounting, and our team is here to help. Contact us to learn more about the services that are available: (888) 620-0770