There are a few crucial benefits to accepting credit card payments. For one, doing so puts your business on a level playing field with competitors. The process is relatively inexpensive and can improve your business cash flow as the proceeds are deposited in your bank...
It's the end of the month, and you're scrambling to update your books, evaluate expenses, and track outstanding invoices. But you'd rather be managing client relationships and implementing strategies to boost sales. Even so, bookkeeping is one of those business...
Time is the most valuable resource available to any entrepreneur. That’s why it sometimes feels like 24 hours in a day just isn’t enough. As a small business owner, you’re constantly looking for ways to secure the financial future of your enterprise. This requires...
Do you have a strategy for creating, sending, and tracking company invoices? An efficient invoice management strategy can save your business time and money. It can also ease the administrative workload and make work easier for you and your employees. At its most...
Two things are certain in business: you'll make money and spend money. As a small business owner, you're familiar with juggling several tasks and responsibilities at once, from sales and marketing, planning and strategy to customer service and paying business bills....
If you run a growing business, you can only get away with do-it-yourself bookkeeping for so long. Soon enough, DIY bookkeeping will take longer than you can reasonably afford. You also can't afford to neglect your books; you might miss out on some tax write-offs or...
It happens to small business owners everywhere. Running a business takes time and dedication. You're trying to hit targets, strategizing for the upcoming business year, and striving to keep your customers happy and satisfied. It's easy to run out of time and push...
Accurate, up-to-date bookkeeping is integral to the success of any small business. QuickBooks is regarded as the top accounting software for small businesses for a reason. It's affordable and can be customized to all types of business transactions – no matter the...
Let's say you already know it's time to hire a bookkeeper for your growing business. Now, what's the next step? Bookkeepers help with day-to-day accounts, but they do a lot more too. A professional bookkeeper will: Save you a ton of time, allowing you to focus on the...
A chart of accounts (CoA) is a small business accounting tool that lists all the financial accounts in a company's general ledger. It's somewhat like a filing cabinet for your company's accounting system that organizes transactions into groups. Put simply; it's an...