When it comes to bookkeeping for small businesses, bank reconciliation is an important aspect to make sure your financial information is correct. Reconciling your bank statement involves comparing ...
The last months of the year are busy for most businesses. Not just with the approaching holiday season, but preparing for year-end as well. To help you get to the finish line, here are some things ...
As your business grows, understanding where you are most profitable becomes crucial. This can be analyzed by 3 different categories: clients, products/services, and sales channels. Let’s break down ...
If you struggle like we do with how to price your product, consider the Subscription Pricing or Good, Better, Best model. One of the best things we ever did was move to subscription pricing. For ...
Running a successful business involves managing costs effectively. Two essential strategies come into play: Cost Avoidance and Cost Effectiveness. Let’s explore what they mean and how they impact ...
Regularly, we receive requests to have books “investor ready” and we can help you, too. What exactly does investor ready mean? When you're seeking investment in your company, you need to be prepared ...
We receive a lot of interesting questions about deductions. Recently, the deductibility of a pet was a topic of conversation. The scenario is a dog who “works” alongside his person who happens to be ...
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 ...
Just as a personal budget can help ensure enough money is saved for retirement, a business budget can help ensure the company can succeed long into the future. Budgets also help start-ups step off on ...
At the beginning of each year, you likely set goals and envision how you want your business to grow. You create what seems like a realistic budget. While preparing the budget is the first step, ...
