Is Your QuickBooks Online File a Mess? Here’s How to Tell and What You Can Do About It
QuickBooks Online can be a life-saver for small business owners, but only if your files are in good shape. A messy QuickBooks Online file can lead to all sorts of problems, such as incorrect financial reports and missed tax deductions. So how do you know if your QuickBooks Online file is a mess? And more importantly, what can you do about it? In this blog post, we will answer those questions and provide tips on how to clean up your QuickBooks Online file.Read more
Create the Right Year-End Check List
The equity section of a business’s balance sheet is the most difficult part to understand. The accounts that make up that section vary depending on the type of entity in which the business is structured. In this article, let’s take a look at what the equity section looks like for companies that are organized as partnerships.Read more
Pricing Methods for Your Products and Services
How do you arrive at a price for the products and services you sell? While it depends on what industry your business is in, there are only a handful of foundational pricing methods that are useful to know. Here are several of them.Read more
Your Guide to Successful Tax Planning for Your Small Business
As a small business owner, you know it’s important to keep your finances in order. But did you know tax planning is one of the most important aspects of financial management? Unfortunately, many small business owners don’t do any tax planning at all.
In this blog post, we will discuss why tax planning is so important for small businesses, and we will also give you some tips on how to prepare for a successful tax planning session.Read more
How to Budget Your Business Finances
If you’re like most business owners, then you know effective budgeting is essential to the success of your company. But creating and sticking to a budget can be difficult, especially when cash flow is tight.
In this blog post, we will discuss some tips and strategies for effective business budgeting. We’ll also provide a few helpful resources to get you started!Read more
How Time Batching Boosts Your Productivity
For small business owners, it seems like there’s never enough time to get everything done. One tool that will help you get the most out of your time is time batching, also called time blocking.
If you haven’t heard of this concept before, it can revolutionize the way you approach work.Read more
Understanding Equity on the Corporate Balance Sheet
Your favorite number on the balance sheet just might be cash. It’s easy to understand and something every business has.
But there’s a more meaningful number, at least in the long-term sense, and that’s equity. Let’s dive deeper into that part of the balance sheet.Read more
Are You Getting Organized Financials from Your Accounting Department?
When you hire an accounting professional, it can sometimes be hard to know if your books are being done correctly and whether you are getting accurate information.
Here are some things you can do to stay on top of your finances without becoming a micromanager.Read more
4 Tips for Organizing Your Business Financials (and One Tool That Will Really Help)
Organizing your small business financials doesn’t have to be a daunting task. By following a few simple steps, you can create a system that works for you and your business.Read more
Cool Tech Tools: ClickUp™
ClickUp™ is a versatile new web application that serves multiple functions for small businesses. It’s primarily a CRM—customer relationship management—tool with project management and workflow features built in, and is adaptable across several industries.Read more