If you were to take the stock market as a measure of the economy, you could be mistaken for believing we’re experiencing productive and strong growth. The reality couldn’t be further from the truth. Many major economies dipped into a recession, including the United States, due to the havoc that COVID-19 and the respective lockdown …
How to Plan Your Next Business Loan Amid a Global Pandemic Read More »
Do you feel like your business finances are a tangled mess? If so, you’re not alone. Managing money can be a confusing and time-consuming task, but it doesn’t have to be that way. Bookkeeping is one-way businesses of all sizes can simplify their financial operations, improve accuracy, and gain greater insight into their profits and …
Bookkeeping: How it Can Streamline Your Business Finances Read More »
How to make the right financial decisions when starting a business? If you are a new owner looking to improve your chance for business success, you need to take the time and effort to prepare yourself financially. If you don’t manage your money correctly, you are setting yourself up for failure. The goal of this …
7 Tips to Make Smart Financial Choices When Starting a Business Read More »
Are you trying to figure out how to start a small business even though you don’t have the extra money to do so? It is possible, but it will take planning and sacrifice. You have to decide for yourself, and with your family, how much you are willing to risk to be your own boss. …
Do you like getting paid? There is no reason to start a business unless you plan on getting paid. Whether you’re just doing a few gigs a month or working full-time as a busy copywriter, you must add up the hours you’ve worked and send your clients their bill. To do that involves creating an …
How to Create an Invoice to Get Paid Fast – The Ultimate Guide to Invoicing Read More »
When you first start out as an entrepreneur one of the first things you learn is that you need to keep track of your accounts. Until you know better you might find yourself building simple spreadsheet documents. Eventually, you realize that it is way too much work that way. You really need a dedicated software …
Expenses pile up. You pay them, and they pile up again. More pile up before you’ve even had the chance to pay the first. As your business grows, this reality hits you harder and harder. Of course, this is merely a consequence of your success. You have too much work, and so you hire more …
How To Make The Most Of Your Expenses As A Small Business Read More »
You may not believe me, but you will think differently about accounting after reading this. While the word “accounting” may strike fear into the hearts of some small business owners, keeping things in perspective can help. There are many ways to minimize the so-called “pain” associated with this part of running a business. After all, …
Let’s face it; your accounting system is a mission-critical part of your business. Have you outgrown your accounting software? Is your accounting system a source of frustration in your business? Are you ready to implement the best possible accounting system customized and optimized for your business? The right accounting system will enable your team to …
With growing your business there is no shortage of tasks to complete. There is always a long list of projects to finish. No matter how fast you knock off projects on your to-do list you continue to get more and more work. When you are busy thinking about profits and figuring out ways how to get …
Many business owners don’t understand their financials because that is not where their interest lies. They are interested in their product or service. However, it is important to understand your P&L. We’re going to give you the rundown on understanding the basics of a P&L. We’ll also explain the role cloud accounting software that can …
Understanding P&L (Profit and Loss) Statements for Business Owners Read More »
You can’t succeed as an entrepreneur without understanding the language of business, accounting. You don’t have to become a professional accountant, but you have to be comfortable with the financial aspect of your business. The good news is that small business owners can easily keep track of their invoices and bills with cloud accounting software …
