Bookkeeping for startups comes with its own set of challenges, making it difficult for first-time business owners to manage their resources effectively. Many startup founders are passionate about their product or service but may not have a background in accounting or finance. This can lead to errors in recording transactions, mismanagement of funds, and difficulty…
There are tons of people out on social media giving business advice. Some of it is good advice, but most of it isn’t good. In this new series watch CapForge’s owner react to different advice videos. He’s an expert in all things business and has 20+ years of experience under his belt. Some of the…
I’ve never had a business partner, so how do I know this? Simple – I’ve seen dozens (hundreds?) of businesses break up over partnership issues and way, way fewer partnerships actually thrive. In fact just yesterday in the news was the story of the bitter break up of a thirty-year partnership between the guy who brought Sriracha…
There are tons of people out on social media giving business advice. Some of it is good advice, but most of it isn’t good. In this new series watch CapForge’s owner react to different advice videos. He’s an expert in all things business and has 20+ years of experience under his belt. Some of the…
I have often said that I wouldn’t mind being rich but I’d never want to be famous. If I was someone who happened to love and excel at something that made me well known as a byproduct, I guess I’d still do it, but I’d spend any time I could away from the scrutiny and…
For most of my life, I’ve played sports. When I was young, I tried basketball and soccer because that’s what most kids played and I had no baseline to know what I liked or didn’t like. Turns out, I didn’t like either of those much, probably at least partly because I wasn’t very good at…
There are two general kinds of marketing a business can do. You can do brand building or you can do direct response. Brand building is what Coke does, what beer companies do, and what a lot of car companies do. They make expensive commercials whose only purpose is to remind you that they are out…
As businesses grow and transactions become more complex, the need for a reliable and efficient bookkeeping system becomes increasingly important. QuickBooks addresses this need by providing a platform that not only organizes financial data but also generates insightful reports that can aid in decision-making. Because of its ability to simplify bookkeeping tasks, QuickBooks has become…
As businesses expand, they face many challenges, like managing increased transaction volumes and complex financial operations. Amidst these obstacles, outsourced bookkeeping has emerged as a strategic ally for growing businesses, offering specialized solutions to navigate the turbulent waters of expansion. Outsourced bookkeeping is not just about maintaining ledgers and reconciling accounts; it provides financial insights…
Artificial intelligence is spearheading digital transformation at a rate we’ve never seen before. Because of this, the demand for streamlined and error-free financial processes will continue to grow rapidly. Automated bookkeeping is one such process that demonstrates how technology aims to simplify multiple aspects of sound financial management. The goal of automated bookkeeping is to…