Small Business Bookkeeping Best Practices: How to Avoid an Audit
No one enjoys being audited. It’s a laborious, stressful process, particularly for small business owners. Fortunately, you can decrease your chances of being audited by following the small business accounting
Continue readingTop 3 Reasons to Outsource Your Small Business Bookkeeping
Accountants can make your business dreams come true. If you’re a business owner, it’s unlikely that you’ve ever thought about small business bookkeeping services in such a Jiminy Cricket-ish way,
Continue readingTop 3 Cash Leaks in Small Businesses and How to Fix Them
Just as most homes leak heat, most small businesses leak cash. And just as homeowners can fix most heat leaks themselves (a good can of caulk and a little time usually does the trick), small business owners
Continue readingSmall Business Bookkeeping Tips to Help You Stay Organized
Accounting and bookkeeping: Sometimes they seem like just one more item on the never-ending to-do list. It’s easy to let such things slip off your list of top business priorities. However, if you don’t
Continue readingFocus on Profit
I got asked an interesting question in the past week that inspired today’s post. Background: A gentleman is about to spin off of a medium size medical practice, as he has not been invited to become
Continue readingAging Receivables
Aging Receivables refers to invoices businesses have sent to clients that remain unpaid. They age in days, and more than 90 days aged becomes a red flag for increase aggressiveness needed in collections.
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