There are many benefits that come from automating manual processes, such as the bookkeeping needs of your small business. Making the switch to automation saves time, eliminates human error and reduces cost. In addition, outsourcing your bookkeeping processes to...
When it comes to managing the books for your small business, timeliness and accuracy are key. One of the best things you can do is to come up with a schedule to help you stay on track with the accounting tasks that need to be completed in order to keep your business...
As a small business owner, are you spending the majority your day running your business when you should be growing your business? When it comes to managing the books, you could consider bringing on a costly in-house bookkeeper to track your financials. Or, make the...
As a small business owner, you may feel as though you have limited options that are both affordable and effective when it comes to accessing professional advice from a financial expert. However, virtual CFOs fit the bill and are changing the landscape of small...
“Work smarter, not harder” is a saying that most of us are familiar with. But how do we actually apply this concept when it comes to running a successful small business? One of our recent podcast episodes featuring bestselling author, Penny Zenker and Remote Quality...
Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it's the only thing that ever has. ~ Margaret Mead As a small business owner, have you ever considered giving back to your local community, supporting a charity or getting...
Many businesses across the country are making the switch to cloud based accounting. In fact, in the e-book, The Appification of Small Business, Intuit forecasts that close to 80 percent of small businesses will be “fully cloud operational by 2020.” Despite this...
Lambert know the glass industry Rhonda and Greg Lambert know the glass industry. They know how to operate a five-location, multi-state business that has seen substantial growth over more than a decade of operation. They also know what it takes to keep their company’s...
In our last blog post, we covered the three financial statements every business owner needs to know. These are the balance sheet, income statement and statement of cash flow. Now that you have a good understanding of the main financial statements and their components,...
This month, we will explore three financial statements every business owner should understand. They are : The balance sheet The income statement The cash flow statement While we don’t recommend doing the books yourself unless you are bookkeeping professional, trying...
Understanding the Importance of Budgeting The start of a new year often brings with it the feeling of new opportunities. In some ways, it feels like we have a clean slate or an opportunity to make a brand new start. We often try to set goals and make resolutions for...
As 2016 comes to an end, it’s the perfect time for small business goal setting that will motivate you for success in the New Year. Without clearly defined and measurable goals, your small business may struggle to find direction and you may begin to “lose steam.” Goal...
