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...
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...
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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...
Entry-Level Accounting Positions: How To Start Your Career On The Right Foot
Attention, job seekers! Are you interested in the best way to secure entry-level accounting positions? Then this post is for you. We’ll explore what hiring managers are looking for, what a good starting salary would be, what kind of experience you need (or don’t...
Operating Lease vs Finance Lease: How New Rules Will Affect Your Small Business
In an earlier post on new lease accounting standards and how they can impact your business, we discussed a couple of different types of leases. Because most business owners are involved with renting some type of property or equipment regularly, we thought it might be...