Due to record-high inflation rates, Americans have watched prices soar over the past two years. Unfortunately, these same increases haven’t come in the form of raises or other income increases, which has left many people in severe financial hardship. Although many of...
Lorna Ross had an epiphany during a yoga retreat in Bali in 2012 that resulted in a career change: she became a business owner later that year. Her epiphany did not include details on how she would oversee her business’s finances, however. Thankfully for Ross, there...
Every business owner wants more than survival. They want to see their company thrive, even when the market shifts or challenges arise. The difference often comes down to whether you’re simply managing your finances or taking a strategic approach to planning them....
Most people can work through filing an individual tax return. However, when responsible for submitting your small business taxes, a lot more is at stake. Though 93% of small businesses confidently believe in their ability to accurately file taxes, almost one-third...
Remote Quality Bookkeeping keeps abreast f the ever-changing tax laws that you need to be aware of to ensure that your business is compliant. Here is a rundown of three 2016 IRS tax changes that will impact small to medium sized businesses: Extended tax breaks for...
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...
We know that it is only February but now is the perfect time to start thinking about filing your taxes. Many small business owners think that doing their own taxes is something that will be relatively easy and won’t take that much time. They may say “But TurboTax will...
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...
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...
Securing funding for a small business isn't always simple. Traditional bank loans have stringent requirements and limited flexibility. Many small business owners struggle to qualify, especially those just starting or experiencing inconsistent revenue. These challenges...
Making sales and bringing in money is among the most enjoyable parts of running a small business. Revenue is a proof of concept for your business idea. It shows that people are interested enough to pay you for what you’re selling! But running a sustainable small...
Although every aspect of overseeing a small business can be challenging, financial management is often uniquely complex. Even though a basic understanding of financial management may bring an entrepreneur through the first stages of business development, a...
