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Starting a Side Business? Here’s What You Need to Know
In today’s gig economy, starting a side business is a popular way to supplement income and explore entrepreneurial interests. Whether you’re freelancing, selling handmade crafts, or offering consulting services, a side business can be both rewarding and profitable. However, it… -
5 Bookkeeping Mistakes That Could Be Hurting Your Business
Running a successful business involves juggling multiple tasks and responsibilities, and among the most critical is bookkeeping. Proper bookkeeping ensures that your financial health is monitored and maintained, enabling informed decision-making and long-term success. However, even the most diligent business… -
Understanding the IRS Extension Deadline: What Business Owners Need to Know
Tax deadlines can be overwhelming for business owners, with numerous forms to fill out and financial information to gather. However, the Internal Revenue Service (IRS) provides an option that can alleviate some of the pressure: filing an extension. Let’s dive… -
Safeguarding Your Business’ Cash with Segregation of Duties
Fraud and embezzlement don’t just happen at large companies. In fact, theft may be more common in small businesses because many lack internal controls that are typically in place at larger organizations. But the good news is that effective internal… -
Hesitations About Hiring a Professional Bookkeeper
Have you ever tried to convince someone to do something, knowing it would be good for them, but they list out every reason in the book not to do it? Yeah…it could be fear of the unknown or flat-out avoidance. … -
Uber and Lyft Driver Taxes: What You Need to Know
Driving for Uber or Lyft is one of the most flexible ways to earn money, but at tax time it comes with a catch: you’re running a business, and the IRS treats you like one. The good news is that… -
Great Leaders Start with Asking “Why”
Why is it that some businesses can achieve exponential success and other businesses cannot? All businesses have the same access to talent. Simon Sinek gives explanations in his book, “Start With Why” and his Ted Talk YouTube video of why… -
21 Ideas to Accelerate Cash Flow
Cash flow is a key indicator of a business’ financial health. Cash flow is a key indicator of a business’ financial health. Knowing how to maintain a healthy cash flow is essential to being a successful business. 1) Payment Options with… -
A Big ol’ Glob of Toothpaste! Part 1
Since 2003, I have had the pleasure of helping business owners with their bookkeeping needs. Over the years, I have found that many owners work their butt off, but when they look at their financial statements, they scratch their head…
