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What You Can Learn from Recent Data Breaches
Cyber attacks happen often, and while there are steps to be taken toward these off, they are not totally preventable. The most recent large data breaches at Equifax proves it. This is a company that has the most personal information stored about millions of Americans,...
Why You Shouldn’t Do Your Own Bookkeeping
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...
Developing a Fund for Unexpected Expenses
Every day, both businesses and individuals are hit with unforeseen expenses and circumstances that require an 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...
How to Achieve Goals
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...
Best Tips Time Management for Business Owners 2021
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. Time Management is a key factor for...
Best Tips for Small Businesses | Keep Organized Financially
Tips for Small Businesses 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 the organization. While...
Year End Checklist 2016
Here we discuss the most important step of the Year End Checklist 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...
Should I Hire A CFO 2021
For most small businesses the need to hire a CFO is not high on the key hire list. However, when a business experiences unexpected rapid growth or the complexities of the day to day accounting are outside of the skill set of either the owner or staff, the investment...
What’s My Bank Balance? 4 Best Ways to Check
How to Check Your Bank Balance For many business owners, the financial health of their company would be summed up as the balance in the bank account. Not to discount the importance of cash, relying on it is a barometer of the financial health of a small business is...