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 […]
Business is all about money. When you run your own business, you want more cash coming in than is going out. There is a lot of cash flow involved in any company, from business expenses like rent and payroll to profits and revenue. It is important to track all of the money going in and […]
Keeping track of business expenses is a major part of running a company. It may not be the most interesting piece of work you do, but it is vital to keep your books in order so you know where your money is going and where it’s coming from. If this is starting to overwhelm you, […]
Making money is the fun part of running a company. Business expenses, not so much. Even if numbers and calculations aren’t your thing, having a business expense tracker is so important. It helps you keep track of cash flow and makes paying taxes each year easier. Tracking your business expenses constantly can actually save you […]