Small Business Resources

Managing Cash Flow: A How To Guide

  Managing cash flow can be the difference between your business success or failure.  You can’t open a book on entrepreneurship without the mention of cash flow.  But, what is...
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Paying Your Taxes

Be Prepared Your business is profitable! Congratulations! You owe taxes! Contrary to popular belief, owing taxes is not a bad thing. It means your business made money. Yes, it’s great...
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Understanding Negative Balances in Your Financial Statements

Negative balances in your financial statements can signal errors or issues with your business performance. In some cases, a negative balance can be accurate, but it’s important to review further...
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Reviewing your Financials: Top Five Things to Look For

If you’re getting regular monthly financial statements in your business, you’re already ahead of many business owners. But financial reports are only as good as the time you put in...
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Outsourcing Your Accounting: How to Make it Work

Outsourcing is becoming a more common practice in business. Whether it’s marketing, accounting, sales, or even operations, outsourcing has become easier than ever. But, outsourcing only works if you do....
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Understanding Employee Ownership as an Incentive

When you have a key employee that has been critical to your business success, you may want to incentivize them to stick around.  Some business owners will look at ownership options...
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1099-NEC: To File Or Not To File?

It’s a magical time of year, to start fresh and set new goals for you and your company!  After you’ve looked ahead at the year to come and all the...
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Spooky Accounting Stories – Owning a Business versus Running a Business

You’re the best in the business, but you never went to business school… Many business owners “fell into it” because they turned their passion into a business.  After all, if...
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Your Balance Sheet: Why It’s Important

A balance sheet is one of the least reviewed financial statements in a small business.  Yet, it shouldn’t be.  Your balance sheet is important for a number of reasons:  ...
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Excel Shortcuts

Microsoft Excel is a valuable tool but can also be tricky!  There are many shortcuts that can help. Luckily, we have some in-house experts that excel in Excel. Many of...
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