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Financial Analysis for Your Small Business

July 19, 2022 by admin

Financial Analysis for Your Small Business

Comparing a business’s key financial ratios with industry standards and with its own past results can highlight trends and identify strengths and weaknesses in the business. Financial statement information is most useful if owners and managers can use it to improve their company’s profitability, cash flow, and value. Getting the most mileage from financial statement […]

Filed Under: Business Best Practices

How Accounting Can Help Your Business Succeed

June 15, 2022 by admin

How Accounting Can Help Your Business Succeed

If you think your accountant’s skills are only helpful at tax time, think again. As a small business owner, accounting is vital to your business in various ways you may not realize. A trusted accountant can be one of your top allies in establishing and maintaining a successful business. Read on to learn our top […]

Filed Under: Business Best Practices

Start 2022 Off Right: Clean Up QuickBooks

May 17, 2022 by admin

Start 2022 Off Right: Clean Up QuickBooks

Is Your QuickBooks company file ready for 2022? Three things you can do to put things in order. Don’t forget about QuickBooks while you’re catching up on 2021 and looking ahead to 2022. You probably don’t want to put one more item on your to-do list, but any steps you take now to ready the […]

Filed Under: QuickBooks Tips

Small Businesses Facing Labor Shortages

April 14, 2022 by admin

Small Businesses Facing Labor Shortages

Small business owners cite the unavailability of workers as one of their biggest challenges. The labor shortage means that employers cannot, in some circumstances, operate at full capacity and must forgo some revenue opportunities. Businesses may have to delay planned expansions or the addition of new products or services because of the scarcity of workers. […]

Filed Under: Business Best Practices

How to Overcome Accounting Challenges Most Small Businesses Face

March 15, 2022 by admin

How to Overcome Accounting Challenges Most Small Businesses Face

Perhaps the number one action you can take to support the financial health of your small business is to stay on top of accounting. Make sure you’re aware of most small businesses’ accounting challenges and learn how to overcome them. We’ll tell you how here! Banking You’ve been banking for years, and you know how […]

Filed Under: Business Best Practices

Employee or Independent Contractor? The Differences

February 15, 2022 by admin

Employee or Independent Contractor? The Differences

The distinction may be challenging to make sometimes, but the IRS has very strict rules about it. Depending on the size of your business, onboarding a new hire can involve a lot of reading and writing for both of you. You may want the new worker to fill out a personal profile. There could be […]

Filed Under: Business Tax

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