Within ten years of starting, 71% of all small businesses will fail, so it's easy to understand why small businesses cannot make expensive mistakes. Generally speaking, a lot of owners will have to...
Taxes are certainly something that no one enjoys paying. If a business has an accountant or bookkeeper who is filing the taxes or doing their books incorrectly, they may actually be over-filing,...
#1. Not Entering Checks as They're Written
The cost of bank fees for checks that bounce can become a nightmare. When balances in the checking account are not being reconciled at the end of the day,...
After growing up in a small community where gossip spread like wildfire, I can assure you that there are a lot of accusations that are made without having any source to back up the claims. However,...
Christmas has come and gone, and now it's time to get cracking on the end of year tasks. For a small business, this can tend to be a lot of work. We've compiled a checklist for entrepreneurs that are...
Although the end of the year is packed with family to see, things to do, and places to go, it's also a time that business owners are preparing for next year and getting ready for tax season....
Outsourcing your company's bookkeeping may not be the top priority, but maybe it should be. There are many reasons why it's good for you and for the company, but one of the best reasons is to reduce...
Accountability for cash flow is normally given to one person: your bookkeeper. In general, that gives them an opportunity to have a hand in different transactions that would make it easy to take cash...
