All businesses strive to be profitable. However, achieving success can be difficult, especially with multiple lines of business. Selling a high-margin product …

Anytime a businesses performs a service or ships a product before getting paid, an Account Receivable is created. If customers pay before …

Like raising a child, there’s no set manual that comes with owning your own business. Even the best entrepreneurs struggle with making …

June is a perfect time to take a look at company numbers year-to-date. There’s enough to time elapsed to get an accurate …

“Getting off on the right foot” is important for both employer and new hires. Those first days and weeks of a new …

The best business plan, accounting system and products are key components for every business. But the true driver of success is the …

Internships are often a benefit for both employer and intern. Interns get real-world experience and employers get extra help and an opportunity …

Business owners know that the battle for profitability is won or lost in details. For example, how companies handle accounts receivable affects …

The last thing every business owner wants is wasteful spending or missed opportunities. One of the worst culprits are hidden expenses that creep in and reduce profitability. This month, we expose hidden costs so that you can find them and restore your hard-earned profits.

Struggles with an accounting system may be a sign that it’s time for something new.  Growing companies may quickly outpace an original …

Small business accounting can be quite time-consuming, regardless of whose job it is to receive bills, pay bills, send invoices, and keep …

Instead of making a New Year resolution, think of a word to define the year ahead. Common answers are “efficiency,” “growth,” “caution,” …

Small businesses have options in the final days and weeks of the year that can save time and money. Being flexible about …

Accurate budgeting, expense tracking, and efficient reporting of this data are always important to business success. A good accounting system must provide …

Properly balancing strategic and tactical matters is always difficult when managing a smaller business. Generally, the tactical matters – the day-to-day running …

Accurate budgeting, tracking expenses and timely payment of bills are always important to business success.  Fortunately, accounting system automation has come a …

Cash flow relies on getting paid on time, and preferably early. One tactic for improving cash flow is to look at the …