Have you ever purchased something—whether that be a car, a TV, or a computer—only for it to turn out to be a total dud? That regrettable outcome could have very well been avoided had you practiced what is known as “due diligence.” In a general sense, due diligence refers to the process of exercising great…
FOMO. If you haven’t seen the acronym before, it stands for “fear of missing out.” And when it comes to e-commerce, every brick and mortar store should have FOMO. That’s because, as the latest statistics show, e-commerce accounts for approximately 18% of all retail sales worldwide. In other words, if you operate a brick and…
Right now in the e-commerce sphere, there’s something akin to a modern gold rush happening, and it’s being fueled by Amazon aggregators. “This is the largest movement you will see in the next two years,” said Steven Pope, founder of My Amazon Guy. “I’m very bullish. I believe we’re going to see massive amounts of…
They say that knowledge is power, but in the world of taxes, it’s more like knowledge is money! Take it from us. As professional accountants, we’ve seen small business owners lose out on thousands of dollars in tax breaks because they didn’t know they could deduct certain expenses. We don’t want to see that happen…
Did you know your bookkeeper can be one of your greatest assets when it comes to growing your business? And yet, so many business owners underutilize their bookkeeper because they view bookkeeping as a means to filing taxes. But it’s time to change that perception once and for all, because as we’re about to show…
As a small business owner, you have a lot on your plate. Not only are you the CEO, you’re also the head of marketing, finance, sales, customer service, and human resources. With so many responsibilities to juggle, it’s easy to let bookkeeping fall to the wayside. And that’s understandable—to an extent. After all, there are…
If you’re a foreigner looking to get your hands on a U.S. credit card, you’re in luck. In recent years, U.S. banks have made credit cards a lot more accessible to non-citizens. That’s the good news. Ready for the bad news? There are a lot of predatory banks out there looking to exploit foreigners by…
Having worked with numerous business owners in various industries across the globe, we can tell you exactly why every company is looking for professional bookkeeping services. Simply put: because doing your own bookkeeping is a pain in the you-know-what. And there’s scientific evidence to prove it! A TD Bank survey of more than 500 small…
This is the year. This is the year you’ll stop talking about starting a business and actually launch one. And to that we say, congratulations! You’ve made the first step towards turning your dream into a reality. If you’re like most first-time entrepreneurs, you’re probably terrified right now. Terrified of failure. Terrified of losing all…
You went into the e-commerce business with high hopes, and now here you are—flat broke with nothing to show for it. “You’ll make a ton of money!” they said. “It will be easy!” they said. “You’ll never have to work another 9–5 job in your life!” they vowed. And now it all feels like lies,…