Virtual Accountant's have become affordable options for small businesses looking to turn an idea into a successful business. Small business owners often lack the financial knowledge necessary to ensure their small business is running at its maximum potential. Small business owners are also usually l…Read More
In times of increasing volatility, decision-makers have an even greater need for meaningful, accurate, up-to-date financial projections so they can respond to changes in economic conditions rapidly. Improved forecasting capabilities provide the company with a competitive advantage because they enabl…Read More
Paying your employees on time can be a headache for small business owners looking to do the task themselves. It sounds simple, but when you factor in taxes, fees, and other regulations, it quickly becomes one of the biggest minefields associated with running a business. There are a number of best pr…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
Businesses owners have to be prepared to handle their monthly small business expenses. Do you ever get slammed with monthly bills because you're unprepared? Most small business owners aren’t strangers to unexpected business expenses, especially in 2021 when the small business landscape has major u…Read More
Billing schemes. Skimming. Check to tamper. Small business bookkeeping fraud is a real risk for entrepreneurs of fewer than 100 employees. As a small business owner, you may have implemented procedures to prevent bookkeeping fraud. However, nothing is 100% guaranteed to work. Median fraud loss for s…Read More
Many businesses are already aware of how important a fixed asset tracking solution is for the profitability and stability of their operations. When maintained properly, a fixed asset ledger can reduce many headaches across a company, such as improving budgeting and saving the company tens of thousan…Read More
Knowing how to work with the numbers in a company's financial statements is an essential skill for small business owners. The meaningful interpretation and analysis of balance sheets, income statements, and cash flow statements can help entrepreneurs determine the health of their business and make b…Read More
On a regular basis, we speak with small 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. Small business owners often think it will reduce visibility…Read More
There are many reasons small business owners need to determine the value of their small business. Everything from raising a new round of funding to applying for small business loans and transferring ownership requires some way of estimating the company’s value. Wherever you are in your businessâ…Read More
