Is the cash you have on hand working for you in the most efficient way? Cash flow—it’s one of those essential yet challenging parts of running a business. Whether you’re operating a small startup or managing a large company, ensuring you have enough cash at the right time (and use it wisely) can make or […]

If you run a small business, you’ve probably asked yourself: Do I need a CPA to handle my finances? It’s a common question, and one that I think deserves a little clarity. Let’s start with the basics.

When hiring for your business, you may encounter terms like ‘W-2 employee’ and ‘1099 worker.’ Here’s a brief guide to help you understand the differences and decide which is best for your needs. Whats a W-2 Employee? A W-2 employee is a team member whose employer deducts taxes from their paycheck and submits this information […]

Learning how to save money in your business is something that all entrepreneurs should do, no matter how big or small your business is. (Although, since spending money is FAR more fun, this can be tricky for business owners to actually accomplish.) Entrepreneurship can be challenging within itself, but when you have money in the […]

Every business should have a monthly closing process to ensure all transactions that occurred throughout the entire month are captured and reviewed.  Implementing such a process will keep your business running smoothly, on solid information. It’s never good when you think your business is earning money, only to find out later that you never added […]