The coronavirus (COVID-19) pandemic has challenged your small business. It's forced you to shut your doors and have hard conversations with your staff. It's pushed you to get creative to connect with customers from a distance. It's driven you to quickly pivot and go virtual to keep your staff workin…Read More
The unpredictable ups and downs of an economy can really put small businesses through the wringer. The COVID-19 pandemic is an example of a turbulent economy that small businesses are struggling to survive in. Most businesses don’t emerge unscathed from a recession. But careful preparation can mea…Read More
As local and state governments issue shelter-in-place orders, asking residents to remain home for all but essential errands, businesses, especially small local businesses, across the U.S. are facing difficult decisions. Several organizations & companies are extending a hand to small-business own…Read More
In the blink of an eye, the coronavirus spread from country to country leading public and private sectors to scramble for solutions while businesses shuttered, borders closed, and schools sent millions of children home. More and more businesses are asking their employees to work from home during the…Read More
As the coronavirus spreads, many small business owners are rethinking their financial strategies and adjusting the way they work. They’re responding to a drop in revenue as customers stay home, cut back on purchases or demand that companies help protect them from the fast-spreading virus. Business…Read More
The coronavirus is causing financial difficulties for businesses across the U.S. With the pandemic going on, it is taking small businesses longer time than usual to pay their bills. It’s clear that all businesses need to put good cash flow management practices in place and make every effort to sti…Read More
Many small businesses reliably produce a set of financial statements each year, listing assets and liabilities, revenue and expenses, cash flow and shareholder equity. Often, outsourced bookkeeping services prepare these reports, but the documents are quickly forgotten by business leaders as they fo…Read More
On a regular basis, I speak with business owners who are reluctant to outsource their accounting and financial responsibilities. Often their reasons are based on myths surrounding the idea of outsourcing or even just the term itself. For the companies that do embrace this option, I’ve seen them ex…Read More
Owners of emerging businesses aren’t naïve. However, with so many demands on your time, staying focused on accounting needs may be difficult. Maybe you’ll do it yourself with handwritten ledgers or off-the-shelf software. Or perhaps you’ll hire a bookkeeper or outsourced accounting services f…Read More
There’s a steady increase in the number of small businesses cropping up. Unfortunately, not every business will succeed financially. To avoid demise, business owners must tactfully avoid common financial mistakes. Hiring a local accountant or local CPA in Denver can help ensure your small business…Read More
