Hidden Costs of Starting a Small Business
It can be costly to start a small business from scratch and most people don't realize all the hidden costs involved. Being aware of some potentially expensive hidden costs can help a business be more successful in the long run. Be sure to work through a budget and...
Analyzing Business Expenses
Tracking business expenses is essential for staying profitable and predicting future trends. Besides managing employees, monitoring inventory, and overseeing operational aspects, being concerned with the cash flow is critical. Entrepreneurs should always be looking...
Stress-Free Bookkeeping
Managing your books is a cumbersome but critical task for any business. It is very time-consuming, frustrating, and could mean working late hours. However, it has to be done to know the worth of your business and to satisfy the government for taxes. You also need to...
Are You In Your Own Way?
While some business owners are content with the size of their business and do not care to grow, the majority of the entrepreneurial world is looking for ways to become a bigger and better industry. Over 35 percent of small-business owners see their challenge as...
Profits and Sales
Many small business owners are focused on growing sales. When there is cash in the bank and customers coming through the door, a lot of business owners don't take the time to see how money is being spent. What jobs or products are the most profitable? It seems the...
Creating a Company Budget
What is a budget? A budget is simply a tool that tracks expenditures and helps plan how money will be used. A well-planned budget takes the guesswork out of both day to day bills and long-term goals. Realize that a budget will not solve any financial problems. It is...
How to Classify Workers on Taxes
Did you know that how employees are classifieds hold serious tax implications with the IRS? Did you know that the IRS checks to see if workers are properly classified? Some employers incorrectly classify their workers as independent contractors to avoid paying payroll...
5 Tips to Get Ready for a Pain-Free Tax Time
Five Tips to Get Ready for a Pain-Free Tax Time With the holiday season just around the corner, it's a perfect time to get your financial records in order. Tax moves you make now can mean finding more "green" to spend on family gifts and festivities. Here are five...
Get Ready for 2016 QuickBooks Can help
Get Ready for 2016: QuickBooks Can Help We'll be ringing in the New Year soon. Will you have wrapped up your 2015 finances by then? There's something very satisfying about turning our calendars to January. It always feels like a fresh start. We resolve to develop...
Is There An App for That?
Is There an App for That? The technology side of the accounting industry is rapidly changing and expanding. Literally hundreds, if not thousands of new companies and new software applications have sprung up to help small businesses automate their processes and save...