Accounting Tips For Business Managers

Business managers should get the most out of their accounting information — to know how the business is doing and how to do better, and whether or not it is on the verge of serious cash flow and financial problems. You wouldn’t pilot a plane without knowing how to read the flight map. A business …

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Accounting Tips for Small Business Startups

Accounting is by far, one of the most important aspects of starting and operating a successful business. It’s so easy to get caught up in the glamorous tasks of designing a business card or choosing a business name, yet without a solid understanding of the numbers, you will not survive. The streets of entrepreneurship are littered …

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Agility and internal audit? Yes, these two can and should go hand in hand

May is Internal Audit Awareness Month. On the off chance that didn’t make it onto your calendar, I’d like to make the case that rethinking internal audit’s potential is time well spent. While traditional internal assurance remains important, a modernized, agile internal audit function stands to add significant value to your organization. The pace of …

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The Top 4 Tax Strategies To Save Your Business Money

Tax season can be daunting for everyone, but small businesses and entrepreneurs need to pay particular attention to the benefits and deductions available to them in order to reduce their tax liability. There are many different types of business structures and strategies for how a successful business should be run, but one thing is certain …

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3 Tips for Keeping Your Books in Order Before the Holiday Season

You know that spring you get in your step when you’ve just finished off your business’s financial checklist? Profound relief washes over you; the knots ease from your shoulders. Well, let’s be honest — it can often get well into the holiday season before that feeling arrives. Spend a little time now — in the spring …

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Getting the Most From Your Accountant Means More Than Just Doing Your Taxes

Great accountants don’t just take care of tax-prep and compliance issues. Numbers really do tell a story and today’s entrepreneurs are turning to qualified small business accountants to help drive success and business. With the right accountant as a thought partner, you can get insights that deliver benefits to your business by analyzing company data …

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5 Trends Driving Disruption in the Accounting Industry

Over the past few years, new technologies and tools have emerged and transformed just about every aspect of business, including marketing, management, web design and HR. It’s easy to feel like accounting and bookkeeping have been forgotten. Until recently, the industry was stuck in the dark ages. But with the emergence of powerful new technologies over …

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A Simple Guide to Understanding Your Profit & Loss Statement

Most entrepreneurs start organizations because they are passionate about the primary work of the business — which usually isn’t accounting. This means that most entrepreneurs aren’t completely comfortable interpreting the monthly financial reports they receive. We have met hundreds of entrepreneurs who never look at their profit and loss statements because they do not understand them …

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Top Tips A Bookkeeper Can Give You

When you own a business, finding a bookkeeper who can help you stay on top of payroll, expenses, and income is crucial.  Managing your numbers helps you ensure that your company is maximizing its profit potential and makes it easy to share your financial data with lenders whenever they request a report, and it also …

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Save Your Business Money…Hire an Accountant

As a business owner, saving money is more than just a goal, it is a necessity.  Today’s economy is anything but stable, and unnecessary expenses can be quite unforgiving.  Turning a profit is simply harder than ever for most industries, as consumers are becoming thriftier and Internet commerce makes it harder for many companies to …

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