Accounting

Accounts Receivable (AR) Aging Reports are periodic tabulations of a business’s accounts receivables categorizing them into lengths of time since an invoice had been outstanding. It is a management tool…

As a small business owner, you wear many hats. From bookkeeping to managing to marketing, you do it all. But there are some things that you should leave to the…

Tax day is just right around the corner, which means there’s a good chance that many of you have already filed and gotten them taken care of. However, if you’re…

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…

If 2020 showed us anything, it’s that being prepared for the unexpected is a must as a small business owner. In a precarious economy, every penny counts, and even the…

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…

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…

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…

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…

The difference between cash vs accrual accounting is when transactions are entered into the books. With cash accounting, transactions are entered when they actually occur. With the accrual method, transactions…