Ioften receive calls from researchers, scientists, and tech-based start-ups who have successfully obtained a grant from the government, like the NIH, Department of Energy or the Department of Defense ...
Aug 20, 2024 10:11:01 AM
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In-kind contributions can be an important source of non-profit revenue, particularly if the item or service is central to the organization’s mission. Often, in-kind gifts can help your non-profit ...
Aug 13, 2024 4:00:32 PM
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As a small business owner, handling bookkeeping can be overwhelming. While hiring a virtual bookkeeper is ideal, sometimes we find potential clients are not financially ready to outsource ...
Aug 8, 2024 3:01:24 PM
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If you pay your employees every other week but your income is recognized monthly, your revenue will not be matched to the expenses that helped earn it. On your income statement (P&L), expenses ...
Aug 2, 2024 4:54:45 PM
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Whether you operate a small business or a large enterprise, you will have to account for payroll. Properly posting and reporting payroll is a recurring task. If you follow best practices, you will ...
Jul 26, 2024 4:44:59 PM
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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 ...
Jul 23, 2024 4:51:26 PM
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A Financial Dashboard should represent a one-page graphical snapshot of Key Performance Indicators:
Apr 22, 2024 11:41:32 AM
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Are you an attorney who does work in exchange for IT services? Maybe you are a physical therapist who exchanges services with someone who does your social media. These are great examples of ...
Apr 15, 2024 5:29:39 PM
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At the start of each year, you probably make goals and have dreams of where you would like your business to go and visions of how it will grow. You prepared what you thought to be a realistic budget. ...
Apr 11, 2024 1:47:46 PM
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If you receive a K-1 for an investment owned by your small business, use these simple instructions when filing your taxes. Filing your K-1 will adjust your Investment Account (Long-Term Asset) in ...
Apr 3, 2024 3:15:00 PM
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