5 Things Start-Up Companies Need To Know About Accounting

August 6, 2015 5:36 pm0 comments
5 Things Start-Up Companies Need To Know About Accounting

By : Troy Martin *** Good accounting methods are essential to the success of any startup business. Unfortunately, in the excitement of starting a business, entrepreneurs sometimes make bad financial decisions that end up haunting them down the road. It is highly important that you pay attention to certain accounting details when starting your company, thus, laying down the track for your business to have a smooth-running financial future.

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Managing Common Accounting Mistakes In Small Businesses

June 22, 2015 8:06 pm0 comments
Managing Common Accounting Mistakes In Small Businesses

By : Dan Radak *** For any small business, it is very important that you sift through the plethora of accounting applicants and software so you can choose the right one to keep your business up and running without losing any money. Make sure that you do not settle for mediocre accounting that can cost you a lot of money over a longer period of time because you will have to fix the mistakes frequently.

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Bookkeeping Strategies To Grow Your Business

February 28, 2015 9:54 pm0 comments
Bookkeeping Strategies To Grow Your Business

By : Vardan Pogosian *** Most small business owners look to marketing strategies as they seek to grow a small business. Yet, it is the financial statements that tell the real story about the place where growth and goals meet. Growth requires financial stability with monitoring and analyzing the statements as the best tools.

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Bookkeeper – Friend or Foe?

January 17, 2015 11:44 pm2 comments
Bookkeeper – Friend or Foe?

By : Dan Radak *** Should I Trust Another Person With My Accounts? This is the main question that all business owners ask themselves before even considering interviewing potential bookkeepers. The fact is that you are working to make some profit; thus, hiring a wrong person to take care of your money can make you feel anxious and constantly think if that person is trying to con you.

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Accounting 101… Just What’s In It?

July 2, 2014 1:50 pm2 comments
Accounting 101… Just What’s In It?

(Re-post) *** Accounting is the language of business. It’s how a business “keeps score”. It is defined as the art of recording, classifying, and summarizing financial transactions and events. It deals with interpreting and communicating information about business operations and finances. So what’s accounting about? It is not just about mathematics, it is more than counting business.

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How To Know If Your Accountant Is More Than Just A Number Wizard

February 24, 2014 11:49 am2 comments
How To Know If Your Accountant Is More Than Just A Number Wizard

The business industry is all about venture and bottom-line business concerns. As Henry R. Luce quotes, “Business, more than any other occupation, is a continual dealing with the future; it is a continual calculation, an instinctive exercise in foresight”. In the end, all business operations can be evaluated by either of these two outcomes : success or failure.

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Record Your Assets Through Proper Accounting Way

December 17, 2013 4:42 pm0 comments
Record Your Assets Through Proper Accounting Way

By : John Hivern *** Assets consist of two major components – cash and physical assets. While asset management is fairly an easy task, most of us – especially those who own small businesses- do not pay much heed to this essential task. The necessity of good practice dawns on us only when the tax season is round the corner.

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10 Financial Yardsticks For Your Small Business

December 16, 2013 6:42 pm0 comments
10 Financial Yardsticks For Your Small Business

By : Joseph Anthony *** Time and again, accountants and consultants who specialize in small businesses say that such enterprises don’t pay enough attention to cash flow. That’s the measure of how much money you really have in the business.

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