When hiring new employees, it is important to consider all the steps and pieces of your business that will be impacted by the human resource investment. Not only are you paying the hourly wage or salary, but also potentially:
It’s that time of year, rounding out the fall season and sliding into the last few months of the year. We get lost in the day to day work and those unexpected events. Take a moment to take stock in what you and your business have right now and see where you are compared to where you started the year.
As last year winded down and you looked toward this year, you probably had goals and dreams of where you would like your business to go and how to make it grow. You prepared what you thought to be a realistic budget. Preparing the budget is the first step; reviewing it at least monthly is as important to the success of your company. Don’t let your budget gather dust and never look at it again.
Many small business owners advocate doing payroll in-house as it’s considered easy and keeps them involved. The truth is, doing your own payroll can be a time drain and is costly. While you’re not paying the nominal fee for a payroll service, you’re spending your valuable time on a task that is likely below your pay grade.
Below are a few reasons why you should consider outsourcing your payroll.
When is it too late to start a budget? Some business owners don’t use a budget, and as a result, aren’t sure where money is being spent. Maybe you created some projections at the beginning of the year but are missing the mark on the sales side. Even though half the year is over, you can gain some valuable insights by assessing your first-half actual results to create a new budget.
Do you struggle with keeping track of your Travel Mileage at your small business or startup? Do you find keeping track of your mileage to be a tedious task? I do. At the end of every year, I go through my calendar, note all the business events that I drove to, calculate the mileage using Google Maps, add up the miles on an excel spreadsheet (and I don’t drive nearly as much as many of you), and after multiplying by the allotted mileage reimbursement, I have entered a tidy business expense.
The selection process for deciding which bookkeeping tool is best for your business can be tedious and challenging to decipher in terms of features and benefits. If you've landed on QuickBooks®, congratulations! You've chosen what we at BudgetEase consider a necessary and highly effective tool to help make YOU more profitable!
It is known that most Americans leave several days of vacation on the table each year, but what about the business owners? We rarely break away from our beloved business for evenings and weekends, let alone a few days or a week away. Pride and passion drive our vision, mission and ideally a strong bottom line.
Here are few reasons why you should give yourself permission to vacation:
It’s not just the busy tax season when accountants have more work than time. Clients facing new credit requirements, unanticipated employee departures and the need to learn how to clean up messy bookkeeping can keep accountants’ phones ringing. Even when accountants are neck-deep in filings, forms and statements, clients still need help with a myriad of tasks tied to the numbers of the business. When there is not one more minute in the day or night and the phone rings with a request for help, thinking of BudgetEase as a solution for your clients just makes sense.