When Should Your Startup Hire a CFO?
In the early stages of a small business, it’s common for the owner to handle the company’s bookkeeping. Even if they’re not fully trained, it [...]
What is Double-Entry Bookkeeping?
As a small business owner, I’m sure you’ve heard the term “double-entry bookkeeping” at one time or another. But since you’ve landed on this page, [...]
What Does a Bookkeeper Do for Small Businesses?
Bookkeeping is the process of organizing and recording all financial transactions related to a business. A bookkeeper is responsible for these duties. As a small [...]
What Are the Principles of Bookkeeping?
There are ten rules that govern the accounting profession. These guidelines are known as the generally accepted accounting principles—often referred to as “GAAP” for short. [...]
The Importance of Accounting Processes for Small Business
The accounting process is comprised of summarizing, analyzing, and reporting financial transactions. It includes the eight-step process for bookkeeping tasks in a small business. Establishing [...]
How to Use QuickBooks For Small Businesses
The days of just using a pencil and a piece of paper for record keeping are long behind us. Even Excel spreadsheets have become outdated. [...]
How to Hire a Bookkeeper
Most entrepreneurs will handle their own finances when they first launch a startup. But as your small business scales, you’ll eventually need to add help [...]
How Does a CFO Help Startups?
It seems like the term CFO is usually associated with larger corporations or enterprises. But it’s a common misconception that the position isn’t required for [...]
Does Your Startup Need VC Funding?
Startup companies need money. There are several different approaches for raising funds to get your business off the ground. One of those options is VC [...]
Does Your Small Business Need a CFO or Controller?
For your small business to operate at a high level, you need to have clearly defined roles in your finance department. Ideally, this means that [...]
