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
Posts Tagged ‘small business’
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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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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
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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