Financial Fundamentals for Small Businesses
Lack of liquid assets is a common cause of failure among small businesses. With no cash on hand, businesses can’t pay for the medium- and long-term investments that come due now and then. Even worse,
Continue readingBenefits of Outsourcing Bookkeeping for Small Business
Small business owners have choices when it comes to their bookkeeping. New owners often opt to handle the company books themselves. Although this may work when a business is in its infancy, the accounts
Continue reading5 Small Business Tax Deductions to Take Advantage Of
Business leaders can minimize taxable profit by taking advantage of tax deductions. The lower your taxable profit at the end of the year, the less you’ll have to pony up in additional taxes. Small business
Continue readingSmall 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
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