From the initial launch of your business to the day-to-day financial decisions helping you to save the most money, there are key times that your business would benefit from a small business CPA. Although some small business owners look for ways to cut costs to generate cash flow for their businesses…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
Prior to the pandemic, the market size for global outsourcing reached $92.5 billion. Outsourcing statistics from 2021 show that the trend of rising and falling revenues has continued, and because of COVID-19 these figures are yet to stabilize. Most businesses don’t entirely understand the benefits…Read More
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
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
Small business tax preparation can be complicated, especially for small business owners unfamiliar with tax law. A simple mistake or slight exaggeration could warrant an audit from the Internal Revenue Service which could be extremely costly for your small business. The best way to minimize your cha…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
Whether your a small startup focused on growing or a large business with a booming business, all companies have the same basic goals when it comes to accounting. Your business must be able to analyze costs, weigh major financial moves, and ensure best tax practices. In fact, accounting is so importa…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
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
