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As a small business owner, closing out your books at the end of the fiscal year is one of the most important financial tasks you’ll tackle. Properly closing out your books helps ensure accuracy in financial reporting, prepares you for… Read More
Posts Tagged ‘business accounting’
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The Pros and Cons of a Limited Liability Company (LLC)
Starting a small business is an exciting venture that requires careful planning and decision-making, particularly when it comes to choosing the right business structure. One popular option for many entrepreneurs is the Limited Liability Company (LLC). This hybrid business structure… Read More
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What Are the Advantages of Hiring an Accountant for Your Small Business?
When running a small business, it can be all too easy—perhaps the only part that’s easy—to leave financial management under-tended or neglected outright, what with all conceivable energy and focus being required for day-to-day operations: customer service, team morale, sales…… Read More
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Should Your Small Business Outsource Its Accounting?
Small business owners are constantly balancing any number of tasks and responsibilities, including—more often than not—a good share (if not all) of the accounting and bookkeeping. However, for most entrepreneurs, these are inordinately time-consuming, complex tasks, requiring a certain level… 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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Top 10 Small Business Accounting Tips To Keep Your Financials In Order (Part 2)
Last week we started sharing a series of tips to help keep your small businesses accounting under wraps. Keeping track of your financial situation is an essential part of making sure your business stays on track. Not only do you… Read More