4 Questions to Ask To Assess Your Company’s Financial Health

If your business has been in operation for a few years, there may be some aspects of your finances you haven’t considered lately. With various tax deadlines approaching, now is a great time to assess financial health and make sure your company is getting where you want it to go. While you’re busy with your day to day operations, it’s …

6 Tips For Setting Financial Goals This Fiscal Year

Just because January is over doesn’t mean it’s too late to start a new year’s resolution. Many companies do not follow the calendar year, which means now may be the time to start setting new financial goals. Whether you’re hoping to hit a new sales record or streamline your marketing to maximize return on investment, there are many ways to …

Are You Ready for Tax Season? 7 FAQ’s Answered for Small Businesses

While some small business owners are great at keeping their books straight, others are so focused on running their business that taxes end up on the back burner. Whichever category you fall into, tax season for small businesses is right around the corner and it’s important to be prepared. From construction companies and restaurants, to tutoring services and coffee shops, …

Accounting Jargon to English: 10 Terms Small Business Owners Should Know

Maybe you’ve had a lifelong interest in making jewelry and decided to turn your passion project into a profession. Maybe you’ve been working for the same real estate company for ten years and decided to go off on your own. You’ve been busy advertising, building a client base, and offering high quality service-but in addition to those things you’re up …

How to Find the Best Accountant for Your Upcoming Fiscal Year

Accountants don’t always actively advertise themselves. Instead, they rely on personal referrals and other forms of networking to reach new clients. Because of this, you may not have even heard the names of some of the best accountants in your area, some of whom may be taking on new clients for this upcoming fiscal year. Instead of sticking with a …

Should Your Small Business Adopt Cloud Accounting?

The cloud, which is really just online storage, is a means of sharing computer processing resources with other devices also online. For small business owners, the cloud represents a real step forward in terms of what is accessible for their business. Instead of needing to purchase multiple copies of expensive software for each computer used by the business, the company …

Preparing for Next Tax Season: Why It Pays to Be Proactive

In a lot of ways, finishing paperwork for the taxes over the last year can be a huge relief for business owners. You (or someone on your staff) will have gone through the receipts for business expenses, ensured that all records are organized and stored, and double-checked all the figures before sending the documents to your state and the IRS. …

10 Benefits of Outsourcing Your Small Business Bookkeeping

One of the true benefits of expanded access to the Internet and the interactions that access provides is the ability to more closely and easily connect with companies and services to help your business prosper and grow. Especially true in struggling economic conditions, businesses need to consider every avenue when outsourcing or making structural changes within an organization. While it’s …