Benefits of Outsourced Bookkeeping Services
Small businesses don’t have the luxury of having an entire team of employees in their accounting department. That’s why so many business owners try to [...]
Beginner’s Guide to the Accounting Cycle
The accounting cycle is a critical component of accurate bookkeeping and healthy financial management. When properly applied, the accounting cycle provides the information required to [...]
Accounts Receivable vs. Accounts Payable
Every business needs to understand accounts receivables and accounts payables. These two terms are the foundation for buying and selling on credit. Without a proper [...]
A Beginner’s Tutorial to Bookkeeping
Not every business owner is a finance expert. That’s nothing to be ashamed of. You can still run a successful business with limited knowledge of [...]
8 Ways to Fix Cash Flow Problems
Cash flow is the lifeblood of any business. According to a recent study by NFIB, 82% of companies fail because of poor cash flow management. [...]
8 Financial Mistakes Every Small Business Needs to Avoid
Everyone makes mistakes. Whether you’re a startup company, business that has been around for decades or a small business that falls somewhere in the middle, [...]
Is Accounts Payable Automation Right for Your Small Business?
When was the last time you evaluated your accounts payable process? If you’re paying invoices through the mail with handwritten checks, there’s a good chance [...]
How to Speed Up Accounts Receivable Collections
You’ve got high sales numbers, but you’re still finding yourself short on cash. What’s the problem? Shortening the time it takes for you to collect [...]
How to Set Up a Finance Department for Your Startup
Launching a startup is exciting. It’s also a huge accomplishment. Anyone who is starting their own business deserves recognition for their achievement, so let me [...]
Bookkeeping Tips for Managing Travel Expenses
Travel expenses are a regular occurrence for running a business. Whether you’re going on a week-long conference out of state, or merely tracking miles to [...]
