Outsourcing is the practice of using outside firms to handle work normally performed within a company and is a familiar concept to many entrepreneurs. The main resources available to any business are money and time. In order to save both, many business owners and executives around the nation are cho…Read More
One of the biggest issues that small businesses face is financing. In order to have competitive pricing, companies must buy in bulk and scale their company quickly. However, few people have the funds to invest in their business. Having a solid base of financing is essential to growing a company. If …Read More
Accounting is a necessary chore of all businesses. If you don’t manage debt, receivables, and marketing expenses accurately, your company will sink before it grows. It just takes a little perseverance and planning to ensure that your company’s records are as accurate and complete as possible. If…Read More
Businesses are always under intense time and cost pressures. As a business owner, you’re always looking for ways to maximize your performance and production. Additionally. today’s small business owners are facing greater expectations when it comes to financial transparency and government complia…Read More
As a small business owner, you might think bookkeeping is boring. In fact, many people think bookkeeping is boring and you’re probably right. However, do you know what is worse than something that is boring? Your small business failing because you didn’t stay on top of your finances. Or even wor…Read More
There's nothing simple about starting and owning a business. If you’re a small-business owner, you’ve probably heard of the 2018 tax bill known as the "Tax Cuts and Jobs Act." This bill has reformed corporate taxes in the United States, especially for small businesses, making this one of the b…Read More
With self-employment comes freedom, responsibility, and a lot of expense. You take on risks and costs that you don’t have when you work for someone else. Having your own business definitely increases the amount of record-keeping you have to do for tax purposes. When you’re digging through boxes …Read More
There could be many reasons you need to hire a bookkeeping or business accounting expert, and finding the right bookkeeper can make all the difference for your small business. Every business should keep a clean record of all its financial transactions. However, most business owners are either not ad…Read More
Today’s small businesses face an ever-changing and increasingly competitive business environment. A results-oriented financial strategy, properly implemented and managed, is essential to business success. In many businesses, the Chief Financial Officer oversees the management of cash flow and fina…Read More
Taxes can be very complicated, and many small business owners struggle to understand how their tax liability is determined. Business owners struggle to understand the corporate income tax rate, which deductions they are eligible for, and what terms like pass-through rate even mean. In addition to in…Read More
