July Small Business Tax Deadlines
The accounting world is ruled by deadlines and missing them can prove costly to your business. To help you avoid any such repercussions, we like to use our weekly tips to remind you of the most essential upcoming accounting deadlines. The summer months offer a small reprieve in this regard, but there are a few […]
A Guide to Internal Controls for Small Business
Are you tired of inaccurate financial reports? Do you lay awake at night wondering if someone might be exploiting your systems for personal gain? Are you confident your data is secure? It is critical to have the right internal controls as they help ensure: you’re operating within the law, your information is accurate and secure […]
Internal Controls for Small Business: An Introduction
Tight financial controls are a must for every small business and they don’t need to be overly complex or cumbersome to establish and maintain. To get started, here are three essential areas your internal controls must address, along with examples of the underlying controls. 1. Secure confidential information and filesBank statements, loan applications, employee records […]
Small Business Focus: The Key to Drive Profits
In a former career, I analyzed hundreds of small business acquisition opportunities through the lens of a private equity investor. If there’s one thing I learned from that experience, it’s that the firms with the highest valuations, biggest profits and greatest levels of customer and employee satisfaction all share one trait. That is, they have […]
How to Get a Business Loan
Need cash to expand your business? Consider these steps to secure a business loan:
Why Financial Reports for Small Business Should be Game Changing
The minute the bookkeeper hands you the latest financial reports, you check the top and bottom lines. But once you have the big picture, you’re ready to dig into the details. All too often, the out-of-the-box income statement, balance sheet and cash flow don’t let you dig deep enough. They spur more questions than they […]
Top 5 MSP Bookkeeping Challenges with Subscription Billing
As the reality of cloud-based business technology catches up to the hype, MSPs (Managed Service Providers) face fundamental changes in their revenue models. Project-based billing and margins on hardware sales are being replaced by recurring monthly fees that wrap software and services in a neat, predictable package for customers. The reality for MSPs is that […]
Sample – How To Post
INTRODUCTION: Your “how to” blog post should teach the reader how to do something by breaking it down into a series of steps. Begin your blog post by explaining what problem you are going to solve through your explanation and be sure to include any relevant keywords. Add in a personal story to establish your credibility […]
Sample – How To Post (2)
INTRODUCTION: Your “how to” blog post should teach the reader how to do something by breaking it down into a series of steps. Begin your blog post by explaining what problem you are going to solve through your explanation and be sure to include any relevant keywords. Add in a personal story to establish your credibility […]
3 Questions to Ask a Bookkeeper
As strange as it may sound, many small business owners are reluctant to engage with their bookkeeper as often as they should. Most report that they don’t feel qualified to proactively manage someone in finance, which can be intimidating to those unfamiliar with this subject. What’s the deal with all those cryptic debits and credits […]