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Why the New Year is the Best Time to Switch or Start Using Payroll Software

As you reach the final months of any year, there’s the holiday period. (Insert any number of appropriately timed seasonal cliches here.) However, there’s also the process of closing the books on one year of…

How to Stop Time Theft from Overwhelming Your Small Business

Even if you’ve never heard the term “time theft,” you’d know it if you saw it. But if you’re a small business owner with employees, chances are good you’ve experienced it firsthand. You might be…

Why Small Businesses Should Pay Attention to Quarterly Tax Payments

There are a lot of awesome things that go along with owning a business. For example, personal fulfillment, passion—and, of course, making money. But what goes hand in hand with making money? Paying taxes. Filing…

How to Start a Home-Based Bookkeeping Business with No Prior Experience

When it comes to work-from-home opportunities, there’s plenty of attention paid to things like affiliate marketing and e-commerce. That makes good sense since those have been reliable ways to earn money for a long time…

Know Your Industry: Average Margins

Know your industry. In a recent post here, I wrote that the most common stumbling point I see in multiple business plans is absurdly unrealistic profitability. Specifically … Most of the business plans I see project…

5 Ways to Incorporate QuickBooks into Your Accounting Processes

With over 42 million users and counting, QuickBooks is one of the top accounting software platforms in the world. Though there are many reasons why this software product is so popular today, one of the…

Understanding Payroll Frequency: The Enigma Decoded

A year can be divided in multiple ways: 52 weeks, 365 days, or 12 months. This means there are different payroll schedules that a business owner can follow—weekly, bi-weekly, semi-monthly, or a combination of a…

4 Pros of Hiring a Bookkeeper Instead of Managing It Yourself

Small businesses—no matter what you’re selling—all have one thing in common. Bookkeeping. Scrambling to organize every receipt, log every mile driven, tracking each expense, and feverishly downed cups of coffee as you meet with a…

4 Reasons Why a Financial Advisor Can Help Your Business

Financial advisors aren’t just for personal finance; they can also help your business be more successful. While many businesses manage to meet their goals without input from a financial advisor, seeking their advice can help…

7 Year-End Accounting Tips for Small Businesses

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…

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