As we near the end of the year, many business owners are starting to prepare for tax time. Starting to prepare now, at the end of the year usually leads to lots of stress and sometimes, surprises at tax time and not the fun kind! Use our Year-End Accounting Guide to help prepare earlier and…
When it’s not something your work with everyday, finding those subtle problems that keep your accounts from reconciling can be a real challenge! Here’s a few common problems to check. Since we do this all the time, odds are we can do your books, including reconciliations in a lot less time than you spend doing…
‘Success’ is an easy word to say, but it can be a lot harder to define, in part because each of has our own ‘vision’ of what it means or looks like. In many ways that thought is the same for businesses. Even if you have the same ‘service’ as another business, how you look…
Many businesses are surprised to see where their money is really being spent and what’s really bringing in the money. It’s amazing how a clear picture can really reduce stress! Ask how we can help you see this level of detail in your business. BTW – Having a budget and knowing exactly how much and…
Do you know how much it really costs you business to ‘get a customer’? It’s very seldom a simple, clear answer but is a very important factor to consider in product pricing. We can help you breakdown your financial data, so you can determine what it costs you.
I’m sure you’ve heard of a Profit and Loss. It’s what every loan officer asks for, determines your tax liability and is one of the most important and informative reports on how your business is doing. Here is some information to help you understand your Profit and Loss (P&L)
It’s very common for small business owners to do their own books, or have a family friend do them, as it’s not viewed as important as making money. So it becomes a low priority, and the ‘detail’ and ‘quality’ of the financial data often suffers. Our ‘Clean Up’ Service goes back through your books and…
The state can shutdown your business, file liens against your assets and in some cases seize some assets for not paying in your sales tax correctly. Make sure you know if you are required to collect sales tax and then once you start collecting it you have to pay it in. Some business owners get…