Imagine you hire the first bookkeeper you find, but things start to go downhill with your business. The bookkeeper doesn’t know what they’re doing, so your financial reports aren’t accurate. If you want to avoid that nightmare, you need to focus on hiring a bookkeeper near you who will do the job well. That way, […]
You might be moving fast, but the business world is moving faster. It can be nearly impossible to keep up with all the transactions and accounting necessities that your business needs all on your own. Whether you’re just starting up a sole proprietorship or you have a booming local business, small business bookkeeping is demanding […]
There is a common misconception that running the most difficult part of starting a business is the beginning phase – when you’re a fresh startup full of optimism and hope for the future. But the reality is quite different. Almost anyone can start a company. What makes a difference is how it performs in the […]
It’s not a coincidence that nearly every successful business is well-organized. Well-organized people simply accomplish more in a day than unorganized people. There are plenty of reasons why businesses will benefit from being more organized, and the best part is, you can see some of those benefits for free! Let’s talk about organizing a business, […]
Almost half of America’s small business owners are spending over 80 hours a year on tax preparation. And that’s not including all the other bookkeeping services (like the all-important payroll) you need to take care of weekly, monthly, and annually. Are you a Charlotte, NC, business owner that’s tired of spending your valuable time on […]
Do you feel as if your finances are out of control–and you’re not even sure if your small business is making a profit? It may be time to consider searching for a small business accountant or bookkeeper. According to the Bureau of Labor Statistics, approximately 20 percent of small businesses fail after their first year. […]
When your small business is in its infancy stages and trying to grow, staying on top of your finances is vital because there are so many areas where things can go awry. Not properly managing your finances can result in your business running out of money and having to close its doors. Bookkeepers are experts in their […]
Did you know that more than 22% of small businesses close their doors within the first year of operation? When you’re first starting out, it’s normal to do everything on your own, but if you want your business to grow and thrive, at a certain point, you have to get help. If you’re not ready […]
If you have started doing accounting for your business, you have probably heard of a profit and loss statement. You obviously want to know how much money you are making, so tracking clearly important. That said, you may not be totally clear on the whole concept. What is a profit and loss statement exactly, and […]