Recently, I had the pleasure of partnering with Edgar Ndjatou of Officium for a webinar all about the Paid Family and Medical Leave tax credit for employersâan often-missed opportunity that can save small businesses money and improve employee satisfaction. If youâve...
Itâs spooky seasonâand while ghosts and goblins might give you a fright, thereâs something even worse lurking in the dark. Scary bookkeeping problems for small business owners! đ Messy books.đ» Missing receipts.đ± Tax surprises. Donât worryâthis isnât a horror story...
For many small business owners, revenue comes from one primary sourceâmaybe client work, product sales, or contracts. And while that can work for a while, putting all your eggs in one basket can be risky. What happens if demand dips? Or a key client moves on?...
When youâre running a small business, it can feel like youâre always jugglingâsales, expenses, payroll, and maybe even expansion plans. But how do you make confident decisions about the future when there are so many moving parts? Thatâs where financial forecasting for...
Your Profit & Loss statement (P&L), also called your Income Statement, is one of the most important financial reports in your business. Itâs a snapshot of how much money is coming in, how much is going out, andâmost importantlyâwhatâs left over at the end. The...
QuickBooks Online can be a powerful tool for keeping your business finances organizedâbut only if youâre using it correctly. Over the years, Iâve worked with many small business owners who are doing their own bookkeeping, and Iâve seen the same mistakes pop up again...
Cash flow is one of the most important (and often overlooked) parts of running a healthy business. Even profitable businesses can run into trouble if they donât manage their cash well. Put simply: cash flow is the movement of money in and out of your business. When...
Pricing the products or services for your small business can feel like a bit of a Goldilocks situation. Too low, and youâre constantly scrambling to cover expenses. Too high, and customers may walk away before giving you a chance. So how do you find that just right...
When youâre running a small business, the to-do list never ends. Youâre juggling sales, staffing, operationsâand somewhere in there, youâre supposed to âknow your numbers.â But which numbers really matter? KPIs for small businesses are your financial dashboard....
As your business grows, your financial operations become more complexâand you need more than just a part-time bookkeeper. But whatâs the smartest way to handle it? Should you hire a full in-house team⊠or outsource your accounting function altogether? Letâs break...
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