As Americans, we tend to favor large sizes—whether that be houses, meals, or vehicles. But when it comes to running a business, there’s actually a pretty compelling case for keeping your operations small. Now don’t go thinking that a small business equates to small earnings. No, no, no. Get that association out of your head…
To say that COVID-19 devastated the U.S. economy is an understatement. According to Yelp’s Local Economic Impact Report, nearly 100,000 American businesses that temporarily shut down due to the pandemic are now permanently shuttered. That’s a lot of broken dreams. That’s a lot of lost money. And that’s a lot of people who are…
If you’re a small business owner struggling to stay afloat during the pandemic, hang tight because help is on the way. The U.S. Treasury and Small Business Administration (SBA) have reopened the Paycheck Protection Program (PPP), but with some notable differences this time. Officials have introduced new terms and conditions that are designed to…
Finally, an article written for the budget-conscious small business owner who wants a simple answer to the question, “How much do payroll services cost?” Sort of… We hate to break it to ya, but as is often the case, the answer is not so simple. That’s because payroll processing fees depend on multiple factors…
Nobody enjoys bookkeeping any more than they enjoy doing laundry. Nevertheless, it has to be done. But what if we told you there’s an easier way? One that would significantly reduce the amount of time and effort you spend on this tedious task? Well you’re in luck, because in this article we offer accounting…
As an accounting firm, we’ve seen our fair share of bookkeeping mistakes. But some are worse than others. While some mistakes are relatively minor and can easily be corrected, others are far more egregious and can have devastating consequences. In this article, we’ll be talking about the more serious offenses; the ones that can…
In business as in life, there are tasks you enjoy doing and others that are pure drudgery. It’s safe to say that for most entrepreneurs, bookkeeping falls into the pure drudgery category. The good news is, you don’t have to do it. Wait. Let us rephrase that, because what we really mean to say is…
Confused about what bookkeeping is and what exactly it entails? You’re not alone. Every year, hundreds of entrepreneurs come to us with little to no knowledge of bookkeeping—and that doesn’t make them any less intelligent or capable of running a business. So don’t feel stupid for asking questions like, “What is bookkeeping?” and “Should I…
If accounting makes your head spin, you’re not alone. Many entrepreneurs feel this way—and rightfully so! It’s a complicated field, after all. But don’t worry, in this article, you won’t actually be doing any math (whew!). Instead, we’ll teach you some basic accounting terms you need to know in order to talk shop with…
Are you a struggling entrepreneur on the brink of giving up? Read these inspirational quotes before you make a decision you may regret for the rest of your life. “I’m convinced that about half of what separates successful entrepreneurs from the non-successful ones is pure perseverance.” — Steve Jobs, co-founder of Apple Inc. “Tough…