You would be surprised by how many small businesses don't understand their bookkeeping and are dismayed by how much time they spend doing it. Many successful small businesses don't have an adequate bookkeeping system in place to understand their current situation. Some don't even know the status of their accounts receivable, accounts payable or cash flow. [...]
With continuous improvements, in software like QuickBooks, bookkeeping has become mostly automated, but it can be frustrating for a small business to use the software to its full potential. Our clients find that it's easier to leave the burden of their books to trusted professionals, rather than risk penalties or running out of cash. With the [...]
As a small business owner, you hear this question all the time: How's business? A very typical response is: Great, but I'm just so busy. Most business owners are just busy being busy, but I wonder: How many of them know how their business is actually doing? I will explain how an outsourced bookkeeping service can help you understand how your business [...]
Do you need to update your small business bookkeeping? Don’t worry. Many business owners fall behind. Life happens. After all, it’s most important to focus on profitable growth and to do what you do best. However, at some point, you just need to get the bookkeeping done. And -- once and for all -- ensure this [...]
As a small business owner, you often hear about “Tax planning.” To make it simple, tax planning is the practice of analyzing multiple tax options to decide how you want to operate your business as well as your individual transactions to minimize or eliminate your tax liability. Most small business owners are good at what they [...]
You’re a business owner, who wants to take a two-week trip around the US…Wonderful! But did you know that you could legally deduct every dime that you spend on your vacation? Well, here's how to do it in 5 easy steps: 1. Make all your business appointments before you leave for your trip. True [...]
