As every small business owner learns within the first few weeks or months of being open for business, you can’t do it all yourself. Sometimes you have to when there simply isn’t enough revenue coming in to hire anyone else. But at some point, you’ve got to start...
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Bookkeeping vs Accounting (How to Improve Your Business By Choosing the Best One)
As a small business owner, you probably wore all the hats in the beginning. But as your business has grown, so has the need for more help when it comes to staying on top of your finances. When you decide it’s time to hire some help, do you look for a bookkeeper or an...
8 Big Reasons To Trust Us For More Than Bookkeeping and Accounting
Most people know that CPAs are known for helping people prepare and file taxes. Small business owners who work with CPA firms probably also know that CPAs are in a great position to help with bookkeeping and accounting as well. If you’re new to business (or have...
How to Calculate Cash Flow (and Why This Number Matters)
As a small business owner, it can sometimes feel like you’re alone on a desert island with no help in sight for the endless financial reports you have to deal with. This blog post on how to understand and calculate cash flow is the 3rd in a series we’ve been doing on...
How to Read a Monthly Balance Sheet (And Why It Matters)
According to financial website The Balance SMB, the monthly balance sheet is “the most important of the three main financial statements used to illustrate the financial health of a business.” In previous blog posts on this site, we have talked about those 3 key...
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Why Accounting Jobs at CRS CPAs Offer More Than Just Numbers
Accounting jobs are everywhere. But not all accounting firms are the same. It’s hard to know exactly what working at any company is going to be like from the outside looking in. When you’re applying for positions, you put your best foot forward…but so does the...
The Role of Family in Farm Succession Planning: Navigating Dynamics for a Smooth Transition
Anyone who has ever participated in a relay race (or even watched one) knows the race is won or lost based on how well the runners hand off the baton. That’s why relay teams practice those few seconds over and over to make sure the baton isn’t dropped and no one...
Healthcare Accounting 101: What Every Doctor Needs to Know About Managing Practice Finances
Healthcare is hard. After years and years of medical school (plus continuing education), there are plenty of long hours and stressful situations day-to-day. Medical professionals face lots of unique financial challenges as well…workforce shortages, billing errors,...
The Importance of Nonprofit Compliance: How to Stay Legally and Financially Transparent
Most people go to work for a charitable organization because they want to spend their time serving their community. They hardly ever do it with dreams of spending their time managing nonprofit compliance. We get it. While it isn’t the most exciting thing you’ll do as...
Building a Rewarding Accounting Career: Insights and Opportunities at CRS CPAs
People looking for accounting careers today have a lot of options. Someone graduating from college with a fresh degree in accounting is in high demand, and the possibilities are nearly endless…from public accounting to tax advice to nonprofit work. Where you end up in...