Category Archives for Smart Banking
Ask The Quickbooks ProAdvisor: Mingling Money Between Personal And Business
As bookkeepers, we set up the accounting systems for many small businesses. One of the questions people ask (and always with a tone of confession) surrounds using business accounts for personal expenses.
Continue readingHow Much Do I Need to Save to Get Through the Tight Months?
It’s an inescapable fact – there will be tight financial times. All industries experience cyclical movements, with busy and slow periods. There’s simply no way around it, regardless of the industry
Continue readingHow Much Should I Pay Myself?
For business owners, deciding how much to pay yourself can be very difficult to do. On the one hand, you want to actually be able to enjoy the fruits of operating a successful business. On the other hand,
Continue readingHow Do I Find Investment Capital?
If you’re looking to start a business or expand your current business, investment capital can be of paramount importance. Strategic planning is necessary to ensure that you get the funding you need.
Continue readingNet Present Value (NPV) and Opportunity Cost Explained
As many of our small business clients are recovering strong this year, families and entrepreneurs are considering expansion of their thriving business. It is worth discussing how to figure out “if it’s
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