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The Key to Unlocking Financing: How Accurate Bookkeeping Can Help You Get a Loan

The Key to Unlocking Financing: How Accurate Bookkeeping Can Help You Get a Loan

by Joshua Ott | Mar 22, 2023 | Uncategorized

As a small business owner, you understand how crucial it is to have access to financing to support business expansion. Whether you want to increase operations, hire more staff, or buy new equipment, financing can make your dreams a reality. Yet securing funding may be...
Navigating the Differences Between Cash & Accrual Basis Accounting

Navigating the Differences Between Cash & Accrual Basis Accounting

by Joshua Ott | Mar 13, 2023 | Uncategorized

It is crucial for small business owners to fully understand the distinctions between cash-basis and accrual-basis accounting. These are two accounting techniques that keep track of financial transactions, and each has benefits and drawbacks.  Cash Basis Accounting The...
5 Reasons Why Outsourcing Bookkeeping is a Game-Changer for Small Businesses

5 Reasons Why Outsourcing Bookkeeping is a Game-Changer for Small Businesses

by Joshua Ott | Mar 6, 2023 | Uncategorized

As a small business owner, there is a lot to keep up with! When you’re managing employees and promoting your business, it might feel as though there aren’t enough hours in the day. If you have a lot on your plate, putting off bookkeeping is common, but it...
Stay Ahead of the Game: The Power of Timely Financial Reporting

Stay Ahead of the Game: The Power of Timely Financial Reporting

by Joshua Ott | Feb 14, 2023 | Uncategorized

Timeliness is critical when it comes to financial reporting. For business owners to make informed decisions, they must have accurate, up-to-date information on the financial health of their business. Here are some reasons why timely financial reporting is essential...
Budgeting on a Budget: Making Cents Out of Your Cash Flow

Budgeting on a Budget: Making Cents Out of Your Cash Flow

by Joshua Ott | Feb 7, 2023 | Uncategorized

Managing cash flow and budgeting is essential for the success of any small business. Here are some tips to help small business owners effectively manage their cash flow and budget: Create a budget: A budget is a financial plan that helps you track your income and...

Recent Posts

  • The Key to Unlocking Financing: How Accurate Bookkeeping Can Help You Get a Loan
  • Navigating the Differences Between Cash & Accrual Basis Accounting
  • 5 Reasons Why Outsourcing Bookkeeping is a Game-Changer for Small Businesses
  • Tax Deductions: How to Legally Steal from Uncle Sam (With a Side of Laughs)
  • Mastering Your Money: A Beginner’s Guide to Understanding Financial Statements for Small Business Owners

J. Ott Business Solutions

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Tacoma, WA 98405
(253) 569-0362

Accounting Services | Payroll | Quickbooks | Bookkeeping |
Tax Prep | M & A – Mergers & Acquisitions
​Serving all of Pierce County Washington and the Pacific Northwest

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