• Can Your Business Save More Money?

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    On October 4, 2017 • By

    Saving money as a business owner is not always easy – the consistent expenses are expected, but oftentimes the unforeseen expenses are most difficult. While developing a fund for unexpected expenses is important, regularly reassessing your spending ensures you are not overspending. Many tips for saving money can become routine after you are aware of …

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  • What You Can Learn from Recent Data Breaches

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    On September 20, 2017 • By

    Cyber attacks happen often, and while there are steps to be taken to ward these off, they are not totally preventable. The most recent large data breach at Equifax proves it. This is a company that has the most personal information stored about millions of Americans, and their system was hacked and compromised. Any business, …

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  • Why You Shouldn’t Do Your Own Bookkeeping

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    On August 24, 2017 • By

    Bookkeeping is a vital component for a successful business that is usually underrated. Having accurate, timely records makes completing business functions and planning for the future much easier. If the person in charge of your bookkeeping does not have a deep understanding of each of the financial statements and the principles of accounting, your bookkeeping …

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  • Developing a Fund for Unexpected Expenses

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    On August 9, 2017 • By

    Every day, both businesses and individuals are hit with unforeseen expenses and circumstances that require immediate response. These expenses may be large or small, but preparing for a worst-case scenario with a “rainy day” fund is the best way to protect your business. No one wants to have to shell out lots of money, but …

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  • How to Achieve Goals

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    On July 23, 2017 • By

    How to best achieve your goals Every company has both overarching, long-term goals as well as objectives to meet in the short-term. Taking the time to visualize these goals and strategize is vital to getting the results you want. Understand how each objective benefits your company, what steps need to be taken to get there, …

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  • Time Management for Business Owners

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    On June 27, 2017 • By

    As the owner of a growing business, you have increasing responsibilities and priorities in order to become more successful. If you begin to feel overwhelmed or that time is getting away from you, consider taking time to review. Write down every task you have worked on over a couple of days, and how long each …

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  • Keep Organized Financially – Tips for Small Businesses

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    On June 7, 2017 • By

    Staying organized seems like a basic task for a small business owner, but doing so is not always easy.  Especially as a business grows, the owner may feel overwhelmed by day-to-day tasks and meetings, and focus less on organization. While letting things get a little chaotic is easy, getting back in order can be much …

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  • 5 Benefits of a Part-time CFO

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    On May 23, 2017 • By

    Small businesses are faced with many questions and uncertainties on a daily basis, just as larger corporations are. The difference is that large companies can afford to hire CFOs, accountants, financial advisors or industry specialists to help guide decisions and best practices. While a small company may not be able to afford the larger salaries …

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  • Are you ready for next year?

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    On March 9, 2017 • By

    We are 2 months into the 2016 Filling season quickly approaching the filing deadline for flow through entities. As the prudent business owner, you are I am sure you have filed your return weeks ago. Of course, you’re not. For many business owners, the stress and uncertainty around tax season is nothing to look forward …

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  • Year End Checklist 2016

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    On December 15, 2016 • By

    Year End Transactional Entries ■      Enter Final A/P Have you recorded all expense items as of the end of the year? ■      Issue Final A/R Invoices Have you issued all invoices and applied cut off procedures? ■      Process Final Payroll Are all payroll year end items recorded? Fringe Benefits?   BALANCE SHEET ACCOUNT ANALYSIS ■      …

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