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Accessing Your Small Business Success


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Accessing Your Small Business Success

A couple of years ago, I decided to abandon a long, unsuccessful job search. After many months of desperately looking for the perfect job, I chose to start a home based business. Because I’d never been an entrepreneur before, I was more than a little anxious. I was excited as well. Thankfully, I’ve enjoyed success in my new business venture. At the end of every month and year, I carefully analyze my revenues. Because I have a background in accounting, I know how to calculate various financial statement ratios that help me determine how my business is doing on many different levels. If you’re a struggling small business owner, consider hiring an accountant to help you access the success of your business. On this blog, you will learn the types of consulting services an accountant can offer a small business owner.

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Small Business Bookkeeping: A Guide For Entrepreneurs

As a small business owner, bookkeeping is one of the most important tasks you will undertake. Proper bookkeeping ensures that your financial records are accurate, up-to-date, and compliant with tax laws and regulations. This article will be a guide to small business bookkeeping, including key concepts, best practices, and tips for success. Understand Key Bookkeeping Concepts Bookkeeping involves the process of recording, organizing, and tracking financial transactions. The following are some key concepts to understand: Read More 

4 Signs You Need Tax Planning Help

Tax planning is essential when it comes to realizing your financial goals and reducing tax liabilities. It helps you maximize the amount of money you get to keep after taxes while minimizing the amount of taxes you have to pay. Small business owners should seek to receive help from tax professionals when it comes to filing taxes and planning for future years. Here are four signs you may need help with tax planning. Read More 

Why You Should Let Business Accounting Services Handle Your Company’s Cash Budgeting

The key to keeping your business afloat is the proper allocation of funds. This will ensure that all business operations proceed as planned and that you make the profit your business needs to grow. This is where cash budgeting comes in; at every instance, you should know how much liquid money your business has and how you plan on using it to advance in the right direction. Clearly, this is a lot of calculation, allocation, and recalculation that you might not have time to accomplish. Read More 

5 Advantages Of Having Professional Bookkeeping For Roofing Contractors

Bookkeeping can be quite a headache if you don't have someone managing it properly. If you're one of the many roofing contractors in the country who doesn't have an accountant, you could change your business by setting up accounting for roofing contractors. By being on top of your accounting, you can avoid losing money due to errors and omissions and your taxes being audited. With the right accounting software, accounting isn't just convenient – it's advantageous! Read More 

The Benefits Of Hiring A Payroll Service

If you own a business and have employees, then paying those employees takes a certain amount of your time. Instead of handling payroll yourself, you might want to consider hiring a payroll service to handle this work. They will check how many hours each employee has worked, issue checks, keep track of tax changes, and handle other related issues. Here are some of the key benefits of hiring such a payroll service rather than continuing to handle payroll yourself. Read More