Category Archives for Manage Your Books
Things Every Small Business Needs to do in January – Week 2
Last week, we suggested a few accounting steps small business owners need to take so you stay on top of looming IRS and state tax deadlines. You can catch up by reading last week’s blog Things Every
Continue readingThings Every Small Business Needs to Do in January!
There are some serious accounting deadlines coming! We discuss these each year with our small business clients, and it always bears repeating. At the end of January, each business is responsible to deliver
Continue readingThree Principles of Finance Management
No doubt your goals when running a small or family business include creating wealth for the business and gaining adequate returns on the risky investments your business will undertake. Accomplishing these
Continue readingOrganizing Your Office Paperwork
Why You Should Organize Your Office Paperwork The big question is: Filing or piling? For most the temptation to pile holds a lot of attraction, but in the long run, important paperwork gets misplaced.
Continue readingThe Basics of a Profit and Loss
What Is Profit and Loss? Also called the P&L, a profit and loss statement can help you and your bank get a good understanding of the operating health of your business. It feels like we cover this often,
Continue readingAre you ready for an audit? A 5-point checklist
Why audits happen The papers and electronic records you keep in order to validate your firm’s accounting records are known in the finance world as the audit trail. While the word ‘audit’ is most
Continue reading