by Joshua Ott | May 2, 2023 | Bookkeeping, Business
It’s vital to acknowledge the critical role that small businesses play in our communities and economy during National Small Business Week. “Small businesses are the backbone of the American economy. They create two-thirds of net new jobs and drive U.S....
by Joshua Ott | Apr 27, 2023 | Business
Starting and growing a business can be challenging, especially in today’s highly competitive marketplace. Whether you are just starting out or looking to expand your existing business, there are many creative ways to grow your business. In this blog, we will...
by Joshua Ott | Apr 19, 2023 | Bookkeeping
Bookkeeping and accounting are both important aspects of managing a business’s financial records, but they serve different purposes. While the two terms are often used interchangeably, understanding the difference between bookkeeping and accounting can help...
by Joshua Ott | Apr 12, 2023 | Bookkeeping, Business
Starting a new business is an exciting but challenging endeavor. As a new entrepreneur, one of your top priorities is to manage your finances properly. Saving money in your first year of business can be crucial to ensuring that you have enough funds to grow and expand...
by Joshua Ott | Apr 4, 2023 | Bookkeeping
Small business owners may find it challenging to keep up with the continual changes in tax rules and regulations. Tax law violations, however, may incur penalties, fines, and even legal repercussions. In this blog post, we will discuss how small business owners can...
by Joshua Ott | Mar 30, 2023 | Business
Starting a new business can be both exciting and daunting, with a long list of tasks and decisions to make in the first year. As a new business owner, you will face a slew of challenges and opportunities that will necessitate meticulous planning and execution. To help...
by Joshua Ott | Mar 22, 2023 | Bookkeeping
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...
by Joshua Ott | Mar 13, 2023 | Bookkeeping
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...
by Joshua Ott | Mar 6, 2023 | Bookkeeping
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...
by Joshua Ott | Feb 27, 2023 | Business
Every dollar counts when you’re running a business. If you want to reduce your tax liability at tax time, you must remember to claim all of your tax deductions. Along with a few jokes to lighten the mood, here are a few lesser-known tax breaks that small...
