So you’ve decided to take your bookkeeping process more seriously, but you’re torn on whether you should go with cloud-based bookkeeping or on-premise bookkeeping. Choosing between the two requires a careful approach to ensure your financial records are as accurate as possible. Keep reading to understand the differences between these bookkeeping processes! Cloud-Based Bookkeeping Software…
Nonprofit bookkeeping is different from traditional bookkeeping in the sense that nonprofit organizations operate within a unique financial landscape. Unlike for-profit businesses, nonprofits are mission-driven entities that aim to serve the public good rather than generate profits for shareholders. As such, they rely heavily on donations, grants, and other forms of fundraising to support their…
Accounting bookkeeping plays a pivotal role in the success and sustainability of businesses. From small startups to multinational corporations, the effective management of financial resources is essential for making informed decisions, ensuring compliance with regulatory requirements, and fostering long-term growth. In this article, we’ll discuss the significance of accounting and bookkeeping in the business world,…
The impact of accurate bookkeeping cannot be overstated when it comes to the financial health of startups. Maintaining accurate records of income, expenses, and other financial transactions gives startups a clear picture of their financial standing. With this newfound clarity, startups can equip themselves with the knowledge to make informed budgeting, investment, and resource allocation…
In this video, Matt reacts to Tony Robbins’s age, hair, and advice. Is it still a good idea to listen to someone like Tony? 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…
In today’s version of “Would I Buy This Business?” we’re looking at an online jewelry store claiming 5 thousand dollars in average monthly profit. They’re asking $75,000 for it and saying their gross revenue is $300,000 which is okay. It’s about a 16% profit margin. Not terrible, not amazing. The big problem I see here…
In this video, Matt reacts to “the most profitable side hustle”. It’s a bit of a clickbait video but the video still has some good advice. 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…
Thinking about starting a cleaning business because some person on the internet said it was a good idea? It’s definitely a viable business, but is it really as easy as some people make it out to be? There are tons of people out on social media giving business advice. Some of it is good advice,…
Many people on TikTok have the “best” side hustle idea, and this video Matt reacts to is no exception. This one is just a little bit different than others out there on the internet. There are tons of people out on social media giving business advice. Some of it is good advice, but most of…
Here’s a new product Matt reviews. It’s an inflatable helmet for those who don’t wear one when riding their bikes. Is this a concern most riders have or did this product not get enough market research done beforehand? CapForge has worked with 1000+ ecommerce businesses and other small businesses and has seen some great products out…