Tax season can be a frantic time for any startup. If you maintain accurate records, managing your business's tax profile should be a year-long process. Keeping up to date in real-time makes the effort come tax season exponentially easier. Here are 5 Common Tax Mistakes that Startups Make, and How to…Read More
When creating an HR department for small businesses, there is much more to consider than creating a positive work environment for your employees. A positive work environment is important, however, there are many other aspects that are more complex when it comes to HR support. Why is HR Important for…Read More
For the past two years, the Covid-19 pandemic has sent presented a variety of different challenges for small businesses. As life starts to regain a sense of normalcy, new small business trends are emerging, and understanding these trends can help these businesses find their balance again. To benefit…Read More
Virtual CFO services give you access to a chief financial officer (CFO) who can help your business grow by implementing ways to raise capital, set key performance indicators (KPIs) and review and analyze financials to identify risks and big-hit opportunities. Companies with under $10 million in reve…Read More
When starting a business, there are many steps that need to be taken to ensure that it will succeed. A common area that is often overlooked when forming a startup is the HR department. Although some may think that an HR department would have a negative impact on a company’s bottom line, this is …Read More
There are numerous advantages to maintaining accurate bookkeeping records that every business owner should understand. A small business should update their books as often as they can to avoid costly mistakes. Additionally, having updated small business bookkeeping records helps business owners make …Read More
Tax season makes a lot of people nervous. They are worried that they might owe money or that they haven’t done their taxes properly. They worry about whether or not they will get a notice that says they are being audited. The truth is that most people can relax. Even if you did make a mist…Read More
What to Look for When Hiring an Outsourced Financial Controller A financial controller is a senior-level executive who acts as the head of accounting and oversees the preparation of financial reports, such as balance sheets and income statements. The person in this role has input and influence on th…Read More
As a small business owner, you or your employees may entertain clients or customers. Although these expenses are often necessary to keep, retain and earn new business. There are many different activities that are often thought of as entertainment expenses, but what type of expenses qualify as meal a…Read More
As a business owner or CFO, you want to increase revenue, as well as decrease overhead. It’s a tough process that demands time and money to do so. In fact, financial statements and tax returns show where your business has been, but not where it may be going. What most business owners need is a com…Read More
