Impact of Trump’s Tax Plan on Small Businesses from Xero Exec

The recent passage of the Republican tax bill could lead to big changes for small businesses. But some entrepreneurs are still unsure exactly which parts of the bill might have the biggest impact. So a financial professional could potentially shed some light on the specifics. Ryan Himmel is a CPA and head of financial partnerships in the...

Ryan Himmel of Xero Talks About Artificial Intelligence and Business

Ryan Himmel of Xero Talks About Artificial Intelligence and Business

Entrepreneur friends, let me ask you something: On a scale of 1 to 10, how excited do you get about reconciling accounts, issuing invoices, and handling other accounting matters for your business? Now, let me ask you this: Did you know there is accounting software that will streamline and automate all of this for...

Seasoned Entrepreneur Amy Vetter Shares Tips on Achieving a Work Life Balance

Seasoned Entrepreneur Amy Vetter Shares Tips on Achieving a Work Life Balance

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...

7 Small Business Money Management Tips for Beginning Business Owners

7 Small Business Money Management Tips for Beginning Business Owners

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....

5 Must-Do Steps for a Successful Startup Pre-launch

5 Must-Do Steps for a Successful Startup Pre-launch

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...

5 Bookkeeping Basics for Entrepreneurs

5 Bookkeeping Basics for Entrepreneurs

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...

The Difference Between Finance and Accounting — and Why it Matters

The Difference between Finance and Accounting — and Why it Matters A number of years ago a friend, an MBA from an Ivy League business school, asked me what the difference between finance and accounting was. Up to that point I had not thought about it myself since my career had me in both worlds. We talked about it for...

Ignition Video Series: Raj Thakkar on How to Organize Your Business Finances

Ignition Video Series: Raj Thakkar on How to Organize Your Business Finances This week on Ignition, Raj Thakkar, CEO and founder of FOREsight Financial Services for Good shares everything business owners need to know about organizing your business finances. This is box titleQuestion of the Week: I run a popular local restaurant. We have two locations and could...

accounting

6 Ways to Save Your Accountant’s Life

6 Ways to Save Your Accountant's Life Having an accountant for your small business is essential. As a small business owner, you may be used to wearing multiple hats, but unless one of those hats says “finance professional,” it’s in your best interest to pull an accountant you trust into the picture. Too often small...