When you’re looking for ways to get ahead in business, don’t overlook outsourced bookkeeping services. Oh, sure. It’s not a topic that’s nearly as exciting as buying a fancy piece of equipment, planning a new marketing campaign, or cutting the ribbon on the perfect...
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Maximizing Efficiency: 7 Ways Outsourced Bookkeeping Can Improve Your Operations
According to market and consumer data specialists, Statista, 64% of small business owners take care of their own books with the help of some type of accounting software. That means most of you are working too hard at something you could easily hand off to someone...
How Outsourced Accounting Services Go Beyond Bookkeeping And Help Grow Your Business
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...
How Much Should You Pay For Bookkeeping Services For Small Business?
Bookkeeping services for small business can be a huge time saver. Just imagine all of the things you could be doing if you weren’t stuck entering receipts and organizing your financials. We recently gave you all the benefits of hiring a bookkeeper (as well as the...
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...
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How to Prep For A Business Audit (And Streamline Your Company)
The mere mention of the word “audit” is enough to cause some business owners to break into a cold sweat. They’ve either been through one before and it wasn’t a pleasant experience or they know that their records are in such a mess that they aren’t prepared for one.In...
Understanding The Basics of Inventory Accounting (A Guide For Small Business)
The goal of any business is to make a profit…usually, as much as possible. To do that, you have to generate revenue. And to do that, you have to move some inventory. This post will help you understand how your inventory accounting impacts your business so you can...
Unraveling Nonprofit Financial Statements To Help Your Organization Do Even More Good
When you run a nonprofit, you have to make every dollar count. Nonprofit financial statements help you stay on top of your income and expenses in a way that shows how you are responsibly using donors’ money. In this post, we’ll unpack what makes nonprofit financial...
The Minumum Acreage For Farm Tax Purposes (And Other Ways To Know If You’re Running A Real Farm)
Do you know the minimum acreage for farm tax purposes? Or what it takes to really be considered a “farm” in the eyes of the government? If you’re not sure, this post is for you. Minimum Acreage For Farm Tax Purposes We recently did a post on “How to Qualify for Farm...
Understanding The New Corporate Transparency Act (And What You Need To Do About It)
The U.S. government has passed legislation that now affects millions of businesses nationwide. If you own a small company, you need to know all about it since failure to comply can result in significant fines and penalties including imprisonment. Effective January 1...