Accounting

Can I Do Better on My Taxes Next Year?

There are some tax mistakes commonly made by small business owners as well as some common deductions that aren't taken, many of which you want to avoid next spring when doing your company taxes for 2013.


Top Online Financial Management Resources Recommended by Experts

As an entrepreneur, you wear all the hats of a business, even when it’s not necessarily your strong suit. If you’re not sure where to start with bookkeeping and financial management, here are some recommendations for best practices, tools and resources for financial management of large or small companies in any industry. Keep It Separate...


Your Financial Health Snapshot: The Key Metrics You Need

Imagine piloting an airplane: you taxi to the runway, prepare for takeoff, and as you’re rapidly speeding up to get airborne you notice a construction crew frantically working to build out the rest of the runway. This just about sums up the financial stress of being an entrepreneur. While a certain amount of discomfort is just part of the lifestyle, being able to answer these key questions should help you sleep soundly at night.


Should You Consider Using Bitcoin?

Recent news on the Cyprus banking crisis has brought Bitcoin back into the public view. As the total value of Bitcoins surpasses $1 billion and more merchants jump on the Bitcoin bandwagon, you may be wondering if you should look into Bitcoin yourself. Let’s take a closer look. What is Bitcoin? Founded four years ago...


Did You Pay to Invest Your Time in the Right Payroll Provider?

You run a business and wear many different hats, one of which is making sure that those you employ are both productive and satisfied with their jobs. So, imagine the feeling in the pit of your stomach when you come to realize that the payroll provider you hired to make sure all your workers are...


When To Forget Your Numbers. And When Not To

Proving, once again, that no generalization holds for long, it is not true in all cases that business owners have to know their numbers. Sometimes they don’t. For example, when things are going extremely well. You’ve got a good cash balance, no debt, happy customers, healthy growth, and a happy team? Then you’re okay. Focus...


A Sad and Simple Tale of Debits And Credits

Over the weekend I had a very pleasant conversation with a stranger on a plane, smart person, pushing to start a business, and yet also making his life way harder than it should be, and way more stressful, over the apparently frightening and loathsome phrase “debits and credits.” Come on, this isn’t that difficult. If you...


8 Ways to Clean up Your Business Credit Report

A complete and accurate business credit report is like a gourmet meal to a loan underwriter.  Your business credit report is important for your company getting a business loan, because it tends to verify the information provided in your credit application and business plan.  Much like a personal credit report, unless it is managed, the...


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