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Forecasting any business is vital. However, many small companies don’t partake in this process. Business owners tend to the logistics of running their company and solving issues. Therefore, forecasting a small business can be challenging, if not seemingly impossible. When… Read More
Blog
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Tax Tips: Claiming Travel Expenses
When you need to travel for business, it can be difficult to determine which expenses you can claim on your taxes. It’s important to do your research by checking out the official IRS website for rules and guidelines, but you… Read More
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Overview of Small Business Structures
Starting up your own small business comes with a lot of decision-making, and one of those necessary decisions is choosing the right structure for your business. In the world of small businesses, there are three available structures that each come… Read More
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How a CPA Saves Your Business Money
Most small businesses, and large businesses too, are usually looking for ways to cut costs and improve profit margins. While it seems counterintuitive, often, hiring an outside vendor for a process can actually help you cut your costs overall. Yes,… Read More
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Which is Better: Cash Basis or Accrual Accounting?
There are two different types of accounting: cash basis and accrual. These methods differ in some ways, but both will give you some kind of overview of your business finances and the health of your company. Which one is right… Read More
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Profit Margins (and How to Fix Them)
As long as you’re not running a non-profit, for most businesses, profit is the name of the game. It’s never a good idea to live in the red, and for most business owners, until they start seeing comfortable profit margins… Read More
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Why You Should Automate Your Accounts Payable
Accounts Payable is an often overlooked but incredibly important part of any business. Even for those people in your business who know how important the accounts payable employees are, most of them don’t actually know the scope of the work… Read More
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Common Payroll Mistakes Made by Small Business Owners
Your business is booming, and there are a million tasks to do! It can seem impossible to keep up with payroll and tax paperwork. However, if this is you, you’re not alone! Many small business owners get overwhelmed with their… Read More
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How to Save Time on Accounting Tasks
When you’re a small business owner, you don’t have enough hours in the day to complete all necessary business tasks and spend time on yourself and your family. When it comes time to deal with bookkeeping and accounting, many small… Read More
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Common Accounting Mistakes Made By New Business Owners
Running a new business is a tall order, especially if you don’t have a lot of training or experience. Bookkeeping and accounting are critical aspects of any business, but they’re particularly important for new businesses and startups who are trying… Read More