When you go above and beyond for clients, you expect to get paid just as fast. The biggest disappointment for a freelancer or small business owner when those expectations are not shared by the client when the invoice comes due. Getting your clients to pay you on time is a real hassle. After a sale, …Read More
According to the U.S. Small Business Administration report found that only about half of all small businesses survive five years. Why is this? The truth is, many small businesses fail to keep their financial information organized. If you are looking to stay in a business using a balance sheet may be…Read More
To run a business successfully, you must keep your records organized and accurate. As your business continues to grow, it may become increasingly difficult to manage your business’s records, which can cause challenges in business development and decision-making. Hiring an outsourced bookkeeping se…Read More
When it comes to ensuring the success of your business, paying extra attention to your accounting and bookkeeping is vital. Outsourced bookkeeping services in Gilbert, Arizona are gaining a substantial foothold among today’s small business owners. But whether you’ve been thinking about outsourci…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
According to the ACFE 2018 Report to the Nations Global Study on Fraud and Abuse, U.S. Businesses will lose an average of 5% of their gross revenues to fraud. In fact, private companies and small business rank highest in occupational fraud frequency at 42% compared to large corporations, government,…Read More
There is no shortage of details to consider when you’re a small business owner. Now, it’s time to hit the books. Getting the back-office basics of your small business accounting practices in order early on—tracking revenues, expenses, and profits—will keep you out of the weeds of paperwork a…Read More
Profitability is a key ingredient to your success as a small-business owner. You need a clear view of your cash flow—where your money is coming from, how much you have at any given moment, and where it’s going. Quality accounting software can help you do just that—and a little more. Why Do I n…Read More
Are you carrying more responsibility than you need to within your small business? As a business owner, it can be hard to let go of the control of certain tasks that need to be done. Too often, business owners spend their time on busywork, resulting in a situation where there isn’t enough time left…Read More
There are many things that you need to worry about as a small business owner. Not only are you evaluating cash flow to make sure that you have enough money for payroll, but you are also carrying the burden of overseeing employee management, budgeting, business development, customer service, marketin…Read More
