July 30th, 2013 by Bryan Brown
You don’t have to own a small business to have complicated finances to keep track of. Unless you keep organized and systematic records, making financial planning decisions or finding the most beneficial deductions on your taxes can be quite a hassle. Thankfully during those tough times, you don’t have to navigate the hostile environment of […]
Read MoreJuly 23rd, 2013 by Bryan Brown
If you own a small business you know that there are many ways to keep your books that range from hiring an accounting professional, keeping them on paper or using any of the various softwares that have become available. Regardless of which method you choose, proper small business bookkeeping practices are essential to maintaining your […]
Read MoreJuly 16th, 2013 by Bryan Brown
Filing taxes can be a daunting experience for many small business owners. According to the National Small Business Association, 64 percent of business owners spent more than 40 hours per week preparing federal taxes in 2012 often spending more than $5,000 before their tax forms were completed and filed. These few simple tricks could help […]
Read MoreJuly 9th, 2013 by Bryan Brown
If you’re a small business owner, especially if your business is new or you haven’t worked with a professional accountant, you may be wondering how to work well with them. After all, adding a new person to your team, especially one in a specialized role, may be a challenge. Managers need to be able to […]
Read MoreJuly 2nd, 2013 by Bryan Brown
Getting started in small business can be tricky enough as it is. You’ll need business savvy, leadership skills and the ability to perform well in your chosen business field. On top of all these tasks, you’ll need to have a basic understanding of how your company’s accounts work. Without this information, you may find that […]
Read MoreJune 25th, 2013 by Bryan Brown
Hiring an accountant is like buying a new suit: It’s important to have the perfect fit. Much like a suit, a tax accountant helps your business be more professional. A good accountant can not only help you out with financial details, they can even provide financial forecasts that can help you make critical business decisions. […]
Read MoreJune 21st, 2013 by Bryan Brown
Business financial statements have always been tricky for small business owners. When your company is very small, it can seem nearly impossible to use GAAP accounting – that is “generally accepted accounting principles”, which are the standards that larger companies must obey. Small business owners now have a new alternative. On June 10th, the American […]
Read MoreJune 14th, 2013 by Bryan Brown
Although we’ve already discussed methods for selling a business, we have yet to discuss purchasing an existing business. If you’ve always wanted to own your own business, but you don’t wish to start a company from scratch, you may have several options. Purchasing a small (or even a large) business may be one option that […]
Read MoreJune 7th, 2013 by Bryan Brown
Starting a small business comes along with all kinds of decisions. Some of the most important decisions you’ll make about your small business involve your finances. How you account for your cash and what you do with your money are, after all, some of the most important aspects of running a small business. Of all […]
Read MoreMay 31st, 2013 by Bryan Brown
Tax season may be over, but that doesn’t mean it’s time to hide from your finances for another year. If you’ve rushed through the tax process every year because you left it until the last minute, these tips could help you stay on top of your taxes. When you plan ahead, you may be better […]
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