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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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4 Reasons To Hire A Certified Public Accountant

Certified public accountants have reached the highest level of certification in their field. They've gone to school for accounting and passed a licensing exam that allowed them to claim the title of CPA. Hiring a CPA will give you the assurance you need that your finances are being handled right. Here are four times when you should hire a CPA. 1. Your tax situation is complicated. If you have a straightforward tax situation as an employee, you likely don't need to hire a CPA. Read More 

3 Ways You Can Simplify The Accounting Processes Of Your Small Business

Starting your own small business can be exciting, rewarding, and overwhelming all in one; however, it has its own set of challenges. If you are unfamiliar with the accounting processes of small businesses, you can easily become frustrated and overwhelmed with needing to keep track of all of your expenses, incidentals, and profits. Here a few tips to help you keep everything streamlined. Open a Bank Account Solely for Your Business Read More 

Showing A Business Loss On Your Taxes? Don’t Panic

As you do your small business income taxes, you may find that your company actually failed to show a profit. Should you be discouraged? Not at all. There are several reasons not to let this bother you. Here are a few of the most important ones.  It's Normal New businesses commonly fail to show a profit consistently when they're getting on their feet. You often have to pay significant start up costs, seek out early clients, accounting services, and build a product line or reputation. Read More 

4 Reasons Hiring A Business Accountant Is A Good Idea

When you own a business, you should always be looking for ways to make your business operations easier and less stressful. When it comes to company finances, you never want to guess your way through important decisions. It's a good idea to invest in a professional accountant for your business needs as they can help in many ways. Here are the reasons why hiring a business accountant is a good idea:  Read More 

3 Reasons Why Your Company Needs To Hire An Audit Firm

Whether you own a family business or run a corporation, you likely spend a good amount of time making sure your books are as accurate as possible. But while an internal review of your books from time to time is a good idea, you may also want to consider bringing an accounting audit firm to conduct an external review of your business. Here are three reasons why hiring an audit firm is a good idea. Read More