1. Small Business Audits: How they Benefit Your Company

    Small Business Audits: Why Your Company Could Benefit From One.

    When business owners hear the words “audit” it usually results in two immediate responses. The first is fear that something is wrong within the organization. Did our small business do something wrong? Are we noncompliant with current laws and regulations? Are we going to have to pay a lot of mon…Read More

  2. outsourced financial controllers do so much more than simply running the numbers.

    Small Business Budgeting Tips for 2020

    The world around us is changing at a rapid pace. Just look at the past decade and think about how much of a technological revolution we’ve experienced. The amount of information, technology, and progress that we’ve made in such a short period of time is quite overwhelming. With all of that being…Read More

  3. What to Ask When Outsourcing Payroll There are a few key questions to ask any payroll provider prior to outsourcing, to minimize any issues with service quality: What are the basic and/or add-on services offered? How do they secure confidential employee and payroll data? How many clients do they have and for how long? Do you calculate tax withholding for each employee? What rates do you charge for running payroll per employee, and is there different pricing for higher volume? Do you assist with generating tax forms for local tax filing purposes?

    7 Signs Your Business is Financially Unhealthy

    As a business owner, your company’s financial health is of the utmost importance. There is more to measuring your financial health, however than simply looking at how much money is in the bank. Business accounting services are essential for most businesses to stay on the right track. Let’s take …Read More

  4. Three Reasons Small Business Owners Need Accounting

    Three Reasons Small Business Owners Need Accounting

    Accounting is important for small business owners as it helps the owners, managers, investors and other stakeholders in the business evaluate the financial performance of the business. Accounting provides vital information regarding cost and earnings, profit and loss, liabilities and assets for deci…Read More

  5. 10 Tips for Better Small Business Bookkeeping

    10 Tips for Better Small Business Bookkeeping

    A solid small business bookkeeping system is an essential aspect of running a business. No matter how small your business is, you should make sure that your books are updated, accurate, and readily available, as it provides you with crucial information on your business’ financial standing. Check o…Read More

  6. 6 Types of Financing For Small Businesses

    6 Types of Financing For Small Businesses

    6 Types of Financing For Small Businesses Small business financing is notoriously difficult to procure. Most bank loans require that the applicant have stellar credit and 2+ years in business—and even then, there’s no guarantee you’ll get a loan, especially if you’re applying with a large ba…Read More

  7. Everything Your Small Business Needs For A Successful Tax Day

    Everything Your Small Business Needs For A Successful Tax Day

    It's not a secret: Americans don't like Tax Day. A 2014 survey found 56% don't like doing their taxes, while 26% absolutely hate it. Doing your taxes is a complex process. You have to get all of your documents together, meet with your accountant, and potentially answer more questions. Even if you hi…Read More

  8. How Can An Outsourced Financial Controller Help Overcome Accounting Challenges

    How Can An Outsourced Financial Controller Help Overcome Accounting Challenges

    Small business owners face a number of challenges every day, and accounting is a big one. Accounting is probably not your passion, but keeping your books organized is crucial for your small business. Some of these challenges have the power to influence business operations, profitability, efficiency,…Read More

  9. Financial Statement Preparation: The Income Statement

    Financial Statement Preparation: The Income Statement

    When you’re running a business, your income statement should be the financial statement you’re most familiar with. You use an income statement to track revenues and expenses so that you can determine the operating performance of your business over a period of time. Small business owners use thes…Read More

  10. What To Know Before Hiring An Outsourced Accounting Service Provider

    What To Know Before Hiring An Outsourced Accounting Service Provider

    Outsourced accounting services can be a great resource to improve your financial systems and boost your business results. There’s no doubt that your company will benefit from experienced advice and guidance to help with cash flow and profit evaluation. But, how do you know which outsourced account…Read More