Accounting

Cash Accounting Vs. Accrual Accounting: Pros And Cons For Small Business Bookkeeping - Cloud Friday Accounting

Cash Accounting vs. Accrual Accounting: Pros and Cons for Small Business Bookkeeping

Proper bookkeeping no doubt offers a lifeline for every business. From the first financial transaction, choosing the right accounting method to manage your financial transactions is vital.  As a small business owner, you have the option of choosing either cash or accrual accounting methods, which are the most popular. However, it’s important to be aware …

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Navigating Insurance As A Small Business Owner - Cloud Friday Accounting

Navigating Insurance As A Small Business Owner

From general liability insurance to worker’s compensation, figuring out the world of insurance as a small business owner can be overwhelming. Depending on what your business does and what state you’re in, what insurance you need varies–making it even more confusing than it already is. Without the right insurance, you may end up paying a …

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How To Set Up A Small Business Budget - Cloud Friday Accounting

How To Set Up A Small Business Budget

Setting a budget is one of the most important things you can do for your personal and business finances. As a small business owner, every penny counts. If you’re not taking the time to track expenses, revenue, and other miscellaneous spending, you’re potentially putting your business in danger of financial stress–especially in the beginning stages. …

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How To Make Your Brand Stand Out - Cloud Friday

How To Make Your Brand Stand Out

No matter what industry you are in, there will always be another brand selling the same (or similar) product or service as you. In 2019, a study done by 99 Firms found that there were over 31.7 million small businesses in the US alone. And that’s not even including the larger companies. All this to …

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Apps And Extensions That Make Owning A Business Easier - Cloud Friday Accounting

Apps and Extensions That Make Owning A Business Easier

Technology is always evolving, and with that comes new software, applications, and extensions that make your job as a business owner easier. Want to keep track of employee hours? Organize your workflow? Create email drip campaigns? There’s an app for that. Time is money. The more you automate your workload, the more efficient you become. …

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How To Develop Deeper Relationships With Your Customers - Cloud Friday Accounting

How To Develop Deeper Relationships With Your Customers

No matter what kind of business you run, the relationship you have with your customers is of utmost importance. If you don’t have a meaningful connection, you’ll have a hard time succeeding, especially in an industry that relies on word of mouth. When first beginning, the concept of forming these relationships can seem overwhelming. However, …

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