Job order costing vs process costing
Job order costing and process costing are two distinct methods used in accounting and cost management to allocate costs to products or services. They...
Tips on tax reduction for businesses
Reducing taxes for your business legally and ethically is a sound financial strategy that can increase your profitability and cash flow. Here are some...
Small Business Tips: How to spend your Money Wisely
Where should your money go when you operate your business? There's a lot of things for you to consider to keep things running smoothly. As you start e...
Common Errors in Tax Preparation
Mistakes can happen when you're preparing your taxes, even with all the technological automation on hand. A good way to avoid the oversight is to keep...
Reasons Why Your Business Needs an Accountant
Do you ever think your business needs an accountant? There is a high percentage of small business owners shutting down after just a year of operation...
Guide to Tax Returns for Small Business Owners
Tax season may come as a challenge if you're a small business owner and most will find it to be such a headache. If this is your first tax season, you...
How to Increase Profits for Small Business
Running a small business is an adventure, and every journey comes with its own set of problems. According to a 2019 "Small Business Credit Survey"...
Three Helpful Invoicing Tips for Business Owners
Invoicing is a common difficulty for small businesses, especially when they first start out. Late invoices can drain cash flow and reduce profit margi...
7 Smart Ways to Save Money as a Small Business
It can be difficult for small businesses to save money from the start. They don't always have a lot of resources at their disposal when trying to get...
The Basics of Small Business Accounting
On its most basic level, accounting is how a business keeps track of how much money is coming in and going out. Small business accounting involves the...