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Accounting

When and How to Outsource Your Payroll

One of the most important aspects of running a business is managing payroll—from the minute your first employee (even you!) starts working, you need a payroll system. But small businesses often lack the adequate resources, time, and money to handle payroll in-house. You need to spend all your time doing what you do best and...


The Entrepreneur’s Accounting Cheat Sheet

According to a study undertaken by the Small Business Administration, 28 percent of companies go bankrupt due to problems with the financial structure of the company. Many of these problems could be avoided by following good accounting practices. Keeping a record of your financial details IS important to the livelihood of your business. Not only will the correct...


Your Small Business Accountant: Your Small Business Consultant

Here’s what you know: your accountant can do your taxes. But here’s what you might not know: your accountant can also help you accomplish your business goals. Accountants build up both financial and business acumen throughout their careers, and they’re often willing to share their knowledge with clients. San Francisco-based financial systems advisor Danetha Doe...


7 Bookkeeping Habits Every Entrepreneur Should Adopt

Badly tracked finances can cause your business a world of problems—from poor cash flow to improper tax filings and beyond. These kinds of problems can put a young business at serious risk. Good bookkeeping habits, on the other hand, can help a business thrive—and not just survive. Dallas-based financial writer and founder of Careful Cents, Carrie...


6 Accounting Mistakes That Put Small Businesses at Risk

Accounting is a significant part of any business endeavor and is not as easy as adding and subtracting. Small businesses often think of handling their own accounting to save money—but this may not be the best idea. Accounting errors can cost a company to a great extent. You don’t want to mess up your numbers, as...


Before I Started My Business I Wish I’d Known…

If you’re about to start a business, you’ve probably read several how-to books looking for advice on how to be successful. While researching is a great first step, there are some lessons that you won’t find in a book. You need to hear from business owners who have been in your position, who started a...


4 Things You (and Every Small Business) Should Know About Taxes [FREE WEBINAR]

Do your quarterly taxes fill you with the dread of what you don’t know, or do you feel confident when it comes to reporting your numbers to the IRS? Join us on Thursday, July 10 at 11:00am PT / 2:00pm ET for this free webinar presentation by Zach Olson, the founder and CEO of Tax...


How Much Should You Pay Yourself?

It’s your company—and you’re the one who has the most at risk, financially and otherwise, if it fails. But you’re also in the unique position of setting the tone for what will hopefully be a thriving business. The question is, how do you decide what your own salary should be? We asked 12 founders from the Young...


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