A solid small business bookkeeping system is an essential aspect of running a business. No matter how small your business is, you should make sure that your books are updated, accurate, and readily available, as it provides you with crucial information on your business’ financial standing. Check o…Read More
A financial controller is a vital part of the accounting department for every business. They head up the accounting department and are responsible for supervising bookkeepers and accountants, producing month-end close reports and helping guide CEOs to make critical business decisions. While some com…Read More
As a business owner, you are faced with many choices. If you’re in start-up mode, you are managing just about everything in your business, from bookkeeping to sales, from rainmaking to employee management and probably even a little HR thrown in just to keep things interesting. As your business g…Read More
It's not a secret: Americans don't like Tax Day. A 2014 survey found 56% don't like doing their taxes, while 26% absolutely hate it. Doing your taxes is a complex process. You have to get all of your documents together, meet with your accountant, and potentially answer more questions. Even if you hi…Read More
How often do you seek out your accountant’s advice on other areas of your business excluding taxes? Small business accountants are savvy financial advisors who can assist you with more than just filing tax returns, and regular meetings with your outsourced accounting service provider can help you …Read More
You may be wondering whose job it is to make sense of all the financial data in your small business. It usually isn’t a bookkeeper or accountants job who is mostly responsible for ensuring bookkeeping is accurate and financial records are completed on time. The role of a part-time or contract CFO,…Read More
Regardless of what kind of small business you own or plan to start you need to stay on top of your accounting. Small business bookkeeping can be a tedious, detail-oriented and time-consuming task but it is essential and necessary. Failing to do so can and will result in unnecessary issues and obstac…Read More
Small business owners face a number of challenges every day, and accounting is a big one. Accounting is probably not your passion, but keeping your books organized is crucial for your small business. Some of these challenges have the power to influence business operations, profitability, efficiency,…Read More
Preventing fraud may not be top-of-mind for most small-business owners, but accounting professionals understand that fraud is a real – and potentially costly – risk. Small businesses are more likely to become victims of fraud than larger businesses. In fact, Small businesses are the most vulnera…Read More
The Secret To Understanding Cash Flow When operating a small business, positive cash flow is essential to survival. Many business owners underestimate just how vital managing cash flow is to their business's success. Your cash flow provides you with a better understanding of your business’s liquid…Read More
