Small business owners have to wear a lot of hats. Entrepreneurs are in charge of marketing, sales, HR, accounting, and more. Of those many roles, accounting is the most crucial, yet also the one that causes the most headaches. Many small business owners spend hours...
The business world is operating at a faster pace than ever before, and it’s not going to slow down anytime soon. However, business owners are realizing that staggered payment schedules may be getting in the way of their growth potential. Staggered Payment Schedules...
Entrepreneurs are always looking for ways to lower business expenses. However, lowering expenses doesn’t mean throwing out the office coffee machine or working in the dark. There are a number of ways businesses can cut costs and still build up capital. Hire...
Everyone wants to get paid, fast! One of the simplest solutions is to make sure your client has actually received the invoice. Yes, it sounds too simple to be true but it can be surprising how often this is the only barrier in receiving payment. What can be Done to...
Most small business owners shy away from accounting like the plague and understandably so. Accounting can be tedious and not too exciting but even if you don’t handle your own financial reporting, it’s vital to know how the difference between cash and accrual...
Businesses have a variety of variable expenses that must be paid in order to keep the doors open. These include payroll, utilities, rent, supplies, and equipment costs just to name a few. Sometimes these costs suffer from something known as mission creep. That is,...
