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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
Posts Tagged ‘small business’
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Are Health Savings Accounts Beneficial for Small Businesses?
When you think about the importance of a health savings account, or an HSA, the internal discussion usually involves the many benefits they provide to the end-user. Even as a business owner, you’ve likely always been more concerned with the… Read More
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How to Effectively Manage Payroll
There is no denying that for business owners — particularly small business owners — being responsible for all aspects of their business is essential — including their accounting. In fact, from processing employee paychecks to keeping track of all documentation associated with… Read More
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Monthly Accounting Tasks for Small Business Owners
We’ve discussed daily and weekly accounting tasks for small business owners before, and now it’s time to talk about monthly accounting tasks that small business owners need to stay on top of. Regularly managing your bookkeeping and accounting will help… Read More
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Here’s How You Can Budget Your Small Business!
It’s possible to balance your budget. Although this prospect gets even harder when you run a business, you can do it without fear of breaking the bank. With a solid financial foundation in place, you can ensure that your startup… Read More
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Receipts and Paperwork: Getting Your “House” in Order
Running a small business is much different than being responsible for a larger company. Piles and piles of paperwork can quickly add up, which means your important papers and incoming mail could be getting lost in the shuffle. How do… Read More
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Tips for Starting Your Own Small Business
Starting your very own small business is a daunting yet incredibly rewarding undertaking. In fact, after over a year of these uncertain times, people are embracing the risk and taking a chance on finally pursuing their passion and being their… Read More
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Amortization: The Dilemma of Intangible Assets
Small business owners already have enough problems to worry about every day. The same could be said for larger and more established corporations. However, start-ups often have fewer resources and assets than their older and more well-known counterparts. If you’ve… Read More
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Small Business Bookkeeping: What’s Affecting Your Sales Margins?
Figuring out your company’s profitability can be tricky. Your profit margins are the lifeblood of your business regardless of its size. Advertising and marketing can help make you money, but they will also incur expenses as well. How does this… Read More
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Starting a Small Business: Should You Initiate Sole Proprietorship?
Running your own business can be wonderful and intimidating at the same time. When your business is just getting off the ground, you might have partners or other investors on board. Whether it’s a year old or not, starting a… Read More