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Home / Archives for Chelsea Krause

Chelsea Krause

Chelsea Krause

Chelsea Krause

Chelsea Krause is the Head Accounting and Invoicing writer for Merchant Maverick, a small business software review site. Powered by a desire to see small businesses succeed, Chelsea specializes in transforming accounting expertise and research into helpful small business advice. Follow Chelsea on Twitter @AccountingMage.

7 Year-End Accounting Tips for Small Businesses

Nov 25, 2019 By Chelsea Krause

The holiday season is full of obligations. In the midst of the present buying, Christmas caroling, and tree trimming, make sure you don’t forget about your year-end accounting. Closing the books at the year’s end is an integral part of running a business. Year-end accounting is your way of making sure your business finances are […]

Filed Under: Tax and Accounting Tagged With: Accounting, Planning

5 Secrets to Better Cash Flow

Oct 16, 2019 By Chelsea Krause

Fretting over finances and being a business owner go hand in hand. You are probably always asking yourself: what’s our bottom line or how much is our overhead? But the real question you should be concerned about is: how healthy is our cash flow? The founder of Dell, Michael Dell, once said, “We were always […]

Filed Under: Payments and Collections Tagged With: Cash Flow, Expenses, Invoicing

5 Essential Steps to Prepare Your Company’s Finances for the Holidays

Nov 8, 2018 By Chelsea Krause

With the holidays right around the corner, initial visions of sugar plums dancing in your head have likely made way for long shopping lists and travel plans, and I bet your wallet’s already feeling it. Trees, decorations, presents, food, parties—it can all add up. But what about your small business’s finances? In the midst of […]

Filed Under: Payments and Collections Tagged With: Accounting, Holidays, Invoicing

7 Tax Deductions to Start Tracking Now

Sep 13, 2018 By Chelsea Krause

If you are self-employed, you probably know that you have to set aside fifteen to twenty percent of your income to pay self-employment taxes. What many people don’t know is that you can save a serious chunk of change by capitalizing on self-employed tax deductions. When I first started out, I only knew about two […]

Filed Under: Tax and Accounting Tagged With: Deductions, Self Employed, Taxes

Top 6 Mobile Accounting Apps for Small Business

Apr 16, 2018 By Chelsea Krause

If you’re a small business owner these days, chances are you’re always on the go. There’s no use waiting until you get back the office to manage your finances. Why not take your business with you? Even a few years ago, this would have been impossible, but thanks to the hundreds of mobile apps currently […]

Filed Under: Tax and Accounting Tagged With: Accounting, Apps, Mobile

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