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 being tax compliant, and not paying bills on time.…
Small business owners face several challenges while handling the operations of their businesses. These include inconsistent cash flow, poor budgeting, not being tax compliant, and not paying bills on time.…
As a real estate investor, you know that selecting the right corporate entity is essential to minimize tax liabilities and protect your assets. However, it can be challenging to determine…
I get asked a lot about the differences between bookkeeping and accounting. The two are essential financial functions for every business. Many people use them interchangeably and may not know…
You may be a new business owner, or you possess some knowledge of accounting but have yet to enlist the services of a qualified professional to handle your tax returns.…
It’s tax season right now and at the end of the period, most of you will be asking why I have to pay taxes on my business, and yet I…
At some point in your business, you probably will have to handle bookkeeping yourself, particularly when you just got started, or hire a bookkeeper to save on costs. You wouldn’t…
“Planning is bringing the future into the present so that you do something about it now.” – Alan Lakein Transformation, Transition, or Traction. These are the 3 Ts that may…
Your printer has run out of paper. Do you immediately order another ream because you can afford one? Or do you review your operations expenses and plan to purchase? Urgent…
Something is not right with your business finances! Have you ever looked at your business finances and felt something was off track? You may be a victim of business financial…
How do you record a sale? When you share an invoice with your client, or when your client pays you? Your answer to this question will give you the fundamental…