The Impact of Bad Debt on Your Finances
Small business owners face several challenges while handling the operations of their businesses. These include inconsistent cash flow, poor budgeting, not…
Which corporate entity is best suited for my real estate investments to save on taxes
As a real estate investor, you know that selecting the right corporate entity is essential to minimize tax liabilities and protect…
5 Major Differences Between Bookkeeping and Accounting
I get asked a lot about the differences between bookkeeping and accounting. The two are essential financial functions for every business.…
Doing Your Own Taxes? Here are 5 Tips to consider.
You may be a new business owner, or you possess some knowledge of accounting but have yet to enlist the services…
Discover the 4 Reasons Your Bank Account is Empty Even with an IRS Tax Bill
It’s tax season right now and at the end of the period, most of you will be asking why I have…
3 Ways to know you have outgrown doing your bookkeeping yourself or engaging only a bookkeeper
At some point in your business, you probably will have to handle bookkeeping yourself, particularly when you just got started, or…
The Simple and Effective Way to Organize Your Business Finances: The 90-Day Financial Plan
“Planning is bringing the future into the present so that you do something about it now.” – Alan Lakein Transformation, Transition,…
Difference Between Deliberate and Impulsive Spending
Your printer has run out of paper. Do you immediately order another ream because you can afford one? Or do you…
How to Identify Fraud in Your Company Finances
Something is not right with your business finances! Have you ever looked at your business finances and felt something was off…
Why you should care about cash-based accounting and accrual-based accounting
How do you record a sale? When you share an invoice with your client, or when your client pays you? Your…
What is Zero-Based Budgeting and How Can I Use It?
‘Costs do not exist to be calculated. Costs exist to be reduced’ – Taiichi Ohno. This quote is highly relatable to…
Four Benefits of Hiring a Business Consultant
What is your role as a small business owner? At the start of your business, you most likely would wear multiple…
