-
Creative Approaches to Recognize Revenue in an eCommerce Business
“From the surface, the eCommerce world appears as a boundless field with ripe fruits hanging low, ready to be plucked. But, seasoned entrepre...
-
Shaping the Future of Your Startup: Business Forecasting
Do you ever wish you had a crystal ball that could tell you where your startup is heading? Financial forecasting, when done right, might just...
-
The Great Debate: Fixed Asset or Expense?
Imagine finding yourself at the crossroads of a crucial financial decision. You’ve just made a significant purchase for your small business, ...
-
The Power of Reconciling Your Bank and Credit Card Accounts
Imagine your business as a high-performance race car, sleek, powerful, and ready to take on any challenge. However, even the most finely-tune...
-
The IRS 20-Point Checklist: Deciphering Employee vs Contractor Status for Small Businesses
Imagine you’re in the boxing ring, gloves on, sweat trickling down your face. In one corner, it’s the Employee, a powerful entity known for i...
-
What entity structure should I choose when starting a new business?
Embarking on a new business venture is exhilarating, akin to standing at the peak of a mountain, ready to paraglide. But, don’t let your para...
-
Other Income and Other Expenses in Your Small Business Accounting
Picture this: You’re reading your business’s profit and loss statement. Everything seems clear enough. You see revenues, cost of goods sold, ...
-
Value of Annual Physical Inventory Counts: A Must-Do for Small Businesses
Imagine discovering a hidden treasure in your warehouse. No, we aren’t talking about a long-lost artifact, but the vast untapped potential of...
-
The Unseen Iceberg in Small Business Waters: Unraveling the Nexus Mystery
vPicture this - You’re captaining a ship, navigating through the tumultuous seas of the business world, guided by the compass of ambition and...
-
Understanding Cost of Goods Sold for Small Businesses
Cracking the accounting code may seem like deciphering a complex puzzle for many, but what if we told you there’s a Rosetta Stone that can si...
-
Convert Your Cash-Basis Books to Accrual at Tax Time: A Game-Changer in Small Business Solutions
Imagine a moment when your business stands at the edge of significant growth. A period of excitement tempered by the headache of accounting a...
-
How to Pay Yourself as a Business Owner by Entity Type
Introduction - Profiting From Your Passion: The Entrepreneur’s Guide Finally, your passion project turned business is not just surviving, bu...
-
Unlocking Growth: Navigating Small Business Solutions in Accounting and Bookkeeping
Breaking Boundaries: A Small Business Journey Every small business begins with an idea, a spark of inspiration that promises to disrupt indu...
-
Master Your Finances: Setting Up Rules in Xero and QuickBooks Online
Picture this: It’s 3 a.m. and you’re hunched over your desk, trying to balance your books. You’re manually entering data, cross-checking figu...
-
An Unseen Business Game-Changer: ASC 606 And Its Influence on Small Businesses
Imagine a small alteration in your accounting practice that could lead to significant shifts in your company’s financial landscape. No, we’re...
-
Accrual Accounting Uncovered: Empowering Your Business Growth
Just as a skilled conductor leads an orchestra to create harmonious music, accrual accounting can be your maestro, synchronizing your financi...
-
Thriving in a Financially Agile World: A Comprehensive Guide for Small Businesses
In a world where the only constant is change, financial agility has become the cornerstone of successful small and medium-sized businesses. T...
-
Embracing the Adventure: Succeeding in Amazon's eCommerce Ecosystem
If Amazon were a jungle, its sellers would be the explorers - brave souls charting a path through dense growth, facing uncertainties, and the...
-
Turbocharging Your Business Growth with an Online Bookkeeping Service: A Comprehensive Guide
It’s another late night at the office. Your desk is cluttered with invoices, tax forms, and payroll sheets. As a business owner, you didn’t s...
-
The Power of SMBs: Supporting Small Businesses
Small and Medium Businesses (SMBs) form the backbone of economies worldwide. They provide local employment, foster innovation, and contribute...
-
From Passion to Profit: Turning Your Hobby into a Small Business
In the world of entrepreneurship, passion is a powerful catalyst. It can be the driving force behind transforming a hobby into a profitable s...
-
How Small Businesses Thrive in a Competitive Market
In the modern marketplace, small businesses face intense competition. Yet, despite this challenging landscape, many thrive and prosper. What’...
-
Embracing the Future of Finance: The Increasing Importance of Digital Accounting
In an era where technology permeates nearly every facet of our lives, the finance industry has not been left behind. Digital accounting – the...
-
Unpacking the Pros and Cons of Cloud-Based Accounting in Modern Business
In the digital age, more and more businesses are embracing cloud-based accounting solutions. These web-based platforms offer an array of bene...