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It can take a lot of work to get payroll processed thoroughly, and it can be stressful to handle payroll on your own or with a team. If you are not organized, errors can happen which can lead to compliance issues or heav…
How to Handle Payroll Stress-Free? Read More »
When costs are increasing everywhere from gas prices to products and services, it can cause major concern for your business. Inflation and the increase of the federal interest rate has prompted corporations and business …
Accounting During Inflation Read More »
In our previous blog, we defined inflation accounting and the two methods of accounting to use when inflation occurs. Inflation accounting can help you understand the financial value of your business when a crisis happen…
The Pros and Cons of Inflation Accounting Read More »
Whether you are processing payroll on your own with accounting software or hiring an accountant or payroll service provider, it is important to know the basics of payroll, as it is one of the main responsibilities and fo…
The Basics of Payroll Read More »
Small business accounting is a process of gathering and analyzing data to show how your business is performing financially so you can report the information to your stakeholders. Depending on how large your business is, …
3 Types of Small Business Accounting Read More »
When starting or running a business, paying yourself might be the least of your worries initially. However, as soon as you can afford it, you should draw your paycheck just as you would pay your employees.
How to Pay Yourself as a CEO Read More »
Whether you are paying your employees with a salary or hourly rate, you should research what goes into a compensation package that is best for your business. Not only do you have to decide the amount but also the qualifi…
How Much Should I Pay My Employees? Read More »
In a previous blog, we talked about the three types of small business accounting. One of them was financial accounting, and for this type, you must follow the steps of the accounting cycle. However, before you do that, y…
How to Set Up an Accounting Cycle Read More »
As a business owner, you know the value of every dollar and cent you spend, especially if you have just established it. Initially, you want to save money as you will only be striving to attract customers.
5 Ways to Save Money as a Small Business Owner Read More »
Making smart financial decisions early on is the key to getting your business to a positive cash-flow point. Cash flow is crucial to the smooth running of your business, and in some situations, its ultimate viability.
4 Cash flow Mistakes You Need To Stop Read More »
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