The current economic environment has been challenging for all business, particularly small business. To that end, it’s important to know your Burn Rate and adjust spending accordingly.
You may have heard people talking about scenario planning given the current state of the business environment. Should you be scenario planning? Before deciding whether you should, or should not, allow me to explain what it is.
It was only a matter of two weeks before funds were depleted in the first round of the PPP loan program. Outside of the alleged mishandling of loan applications by some large lenders, and companies with substantial resources receiving funds, some small businesses had a hard time applying for the government assistance.
There are a lot of moving parts to the Families First Coronavirus Response Act (“FFCRA”), which took effect on April 1, 2020 and runs through December 31, 2020. Below are some key points and guidance for you and your small business.
So, you want to increase revenue? Who doesn’t! Here are our suggestions to increase your profit margins.
This is a great opportunity to refine your small business processes. Our professionals at BudgetEase can:
If you’re like most small business owners, you have a long list of thing to get done to keep your business operating. Substantial effort is placed on increasing sales, product development, hiring the right people, and making sure customers are happy. Typically, bookkeeping is a secondary concern. Unfortunately, not keeping your books clean and concise is probably costing you money.
We are in an unprecedented time where businesses closures are mandated, people are quarantined, and the demand for some goods and services has plummeted. There are some important temporary measures for small business owners and employees you should know about.
It’s the month of leprechauns where the lucky few find a pot of gold at the end of a rainbow. While everyone would like to find a pot of gold, as small business bookkeepers, we define luck a little differently. To us luck is Listening, Understanding, Creating, and Keeping. Let me explain.
You've started spring cleaning your home and yard, but what about your office? Consider a paperless office as part of your spring cleanup and organization. There are benefits as well as incentives to going paperless and every dollar bill counts in today’s economy.