One of my favorite things about talking to seasoned entrepreneurs like Amy Vetter is that you never really know what’s going to come out of your discussions. Take Vetter, for example. She’s a CPA who knows her stuff. In fact, she acquired the accounting bug from her grandfather who was a CPA. But it turns...
Bookkeeping is an essential business activity, typically undertaken by an employee in-house or outsourced to a professional bookkeeper or firm. However, with the rapid evolution of business technology, entrepreneurs and small business owners can streamline the most time-consuming parts of the bookkeeping process, fostering a more efficient workflow while cutting down on costs. Generally, a...
New Data Shines a Spotlight on the Challenges and Rewards Facing Self-employed Professionals and Small Business Owners in America FreshBooks, the #1 accounting software solution in the cloud for self-employed professionals and their teams, today unveiled a new survey that shines a light on the challenges, trade-offs, and mindset of small business owners. The survey,...
Issuing payroll means more today than writing a check. It means navigating a complex set of websites to file various taxes, issuing checks, and maintaining employee and company records. Depending on how many employees you have, it could take a few minutes or a few hours each week to complete your company’s payroll. It...
As a small business owner, you are constantly learning new things. It’s exciting to have different experiences every day. Learning how to manage small business finances may not be the most exhilarating part of running a business, but knowing how to leverage the information in your books does help you make savvy business decisions....
Even if you’re sitting on a fantastic idea for a new business, you know you’ve got a long, tough road to travel before you see success. Planning for the worst and hoping for the best is still the best way to plan. To that end, you have to understand what challenges your young company...
After I graduated from college, my first job was a temp position bookkeeping for a small photographer’s management agency. On my first day at work, I was handed a column pad and a shoebox full of receipts and told, do something with this. I examined the hand-written spreadsheet, got acquainted with the categories, and...
Seasons change and with them so do the cash flows of many small businesses. The “small business” designation is not one-size-fits-all. If you’re the local mom & pop hardware store, your spring and summer peak season is very different than the boutique retailer down the block who thrives during the holiday. Ensuring your business has the...
With tax season around the corner, small business owners are already stressing about their books. In fact, 40 percent of small business owners said dealing with bookkeeping and taxes are the worst parts of owning a company. This is where working with a forward-thinking accountant can help ease the pain. Even though there are many software...
When it comes to running your small business, having a handle on your finances is essential to your success. This is why you cannot afford to work with a bad accountant. Not sure if you are currently working with the right professional? Read on and learn the top reasons why businesses choose to break...
