Bookkeeping & Accounting Tips for Small Business: 5 Things to Avoid

TD Bank surveyed small business owners about what they love and hate most about owning their own business. Unsurprisingly, flexibility and feeling in control ranked first in the “love” category. Meanwhile, almost 60% said bookkeeping was hands-down their most hated task. Most business owners understand that effective financial management is key to their success. However, Read more about Bookkeeping & Accounting Tips for Small Business: 5 Things to Avoid[…]

3 Reasons to Prioritize Bookkeeping

If you ask 100 business owners what they like least about running a business, chances are good that bookkeeping will rank high on the list. It’s a frustrating chore that takes up a lot of time and is easy to put off until tomorrow. However, avoiding your bookkeeping is dangerous. Not knowing your company’s financial Read more about 3 Reasons to Prioritize Bookkeeping[…]

Small Business Audit: What to do if you get audited?

There are often negative emotions involved when you think of a small business audit, and rightly so. No business owner looks forward to a letter from the taxman requesting a closer look at the books. If you’ve received an audit letter, don’t panic. Prepare. These four steps will help you get through the process with Read more about Small Business Audit: What to do if you get audited?[…]

Four Questions to Ask the Accountant

Ideally, you and your accountant are more than just “adviser” and “client”. With your combined skills, expertise, and shared mission to support a thriving business, you’re more like strategic partners. The key to achieving success in any partnership is, of course, strong communication. At your next meeting, be sure to ask the accountant these four Read more about Four Questions to Ask the Accountant[…]

What’s the difference between a bookkeeper and an accountant?

A popular question we get is, what’s the difference between a bookkeeper and an accountant? A good question! They both work with financial data and they’re both essential for managing a successful business. Yet the roles and duties of a bookkeeper and accountant are different. You may not be exactly sure of the differences between Read more about What’s the difference between a bookkeeper and an accountant?[…]

Outsourced Bookkeeping Benefits

The outsourced bookkeeping benefits are numerous. These benefits include; working with an industry professional, receiving valuable financial guidance, saving time managing the finances, and saving money outsourcing the accounting function. Let’s talk about outsourced bookkeepers. Here are four benefits to hiring an outsourced bookkeeper to help you manage your business finances. Expertise An outsourced bookkeeper Read more about Outsourced Bookkeeping Benefits[…]

What are you blogging about!?

What will we write about? Will this bring value to our clients? Will I have the time? Who will read this??? These were the questions plaguing my mind as our team prepared to release our new blog. As these questions went round and round in my mind, the Nike slogan interrupted my thoughts, “JUST DO Read more about What are you blogging about!?[…]