Bookkeeping

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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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 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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