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Top 7 Small Business Tax Deductions To Keep In Mind For 2024 - Cloud Friday Accounting

Top 7 Small Business Tax Deductions To Keep In Mind For 2024

Tax season has already started in January. Take advantage of the tax deductions available to help lower your taxable income and decrease your tax obligations. This blog post will cover the top 7 small business tax deductions to remember as you do your taxes this 2024. Note that these deductions are based on current tax

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Factoring Receivables: A Quick Guide to Costs and Benefits - Cloud Friday Accounting

Factoring Receivables: A Quick Guide to Costs and Benefits

Running a business requires adequate cash on hand. When the collection is slow and cash flow dwindles, business owners look for a way to bring more in. Some take out loans, while others use factoring receivables. What is Factoring Receivables? Factoring receivables, also known as invoice factoring or accounts receivable financing, is the process of

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Cash Flow 101: Understanding the Basics of Cash Flow Analysis - CloudFriday Accounting

Cash Flow 101: Understanding the Basics of Cash Flow Analysis

Cash flow is the lifeblood of any business, so it’s important to understand the basics of cash flow analysis to achieve long-term success. In this blog post, we will delve into the fundamentals of cash flow, explore the various sources of cash flow, and highlight the benefits of cash flow analysis for businesses. The Basics

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Credit and Debit Memos: A Guide for Business Owners - Cloud Friday Accounting

Credit and Debit Memos: A Guide for Business Owners

In business finance, credit and debit memos play a crucial role in keeping track of financial transactions and ensuring accurate accounting records. While these terms may sound similar, they represent two different types of documents that serve distinct purposes. Understanding the differences between credit and debit memos is essential for business owners to maintain proper

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How To Repurpose The Content You’ve Already Written - Cloud Friday Accounting

How To Repurpose The Content You’ve Already Written

We are firm believers that every small business should have a blog. Not only do most consumers expect it at this point, but it also demonstrates your expertise in your field, generates new leads, and boosts your SEO. While most people are consumed with constantly churning out new content, it’s important to keep your old

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