How to Do a Mid-Year Financial Checkup

Each year, like clockwork, we are provided with little calendar reminders of the changing times. As summer starts, schools let out, business might slow down a little and everyone is thinking about taking time off to rest and relax. As an owner of a small- to medium-sized business, you know how important it is to get all your ducks in …

Employee vs Contractor: What You Need to Know

When you own a business, there are a lot of big questions to answer. One of the biggest is do I hire a contractor or an employee? What is a contractor? A contractor is a person that you hire to provide services, but that you have very little control over. By very little control we mean that you don’t set …

5 Summer Planning Finance Tips for Business Owners

When you own a small business, taking time off isn?t as simple as merely clocking out or giving your employees a heads up about when you will be gone. You make the executive decisions about your business, and without you around, you need to make sure that your business can keep operating. This pressure leads many business owners to delay …

4 Ways To Do Some Spring Cleaning With Your Finances

Now that tax season is over, you may be taking a deserved break from your bookkeeping or making big plans for what to do with your tax refund. While it’s important to take some time to relax, it’s also important to be proactive with your finances and insure that you aren?t falling behind. With tax season behind you, now may …

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 …