Gratitude Series: Thanksmas…

Season Series

Welcome to our Gratitude Series! In preparation for the Holidays, the Team at The Bottom Line CPA wanted to share a few things about their lives and what they’re thankful for this year. Today’s contribution comes from Marilyn Parham CPA: My personal family tradition around Thanksgiving: I LOVE THANKMAS!!!  My family has held this tradition…

7 Reasons Why Every Amazon FBA Seller Needs A Balance Sheet

Finance

Without a good balance sheet, your income statement cannot be relied upon. In other words, your steady cash flow might make you feel like your business is doing well. But that feeling means nothing if your numbers aren’t accurate. And the only way to know that your numbers are accurate is—you guessed it—a regularly maintained balance sheet.

5 Things You Should Know Before Processing Your First Payroll

Payroll

If you’re going to pay someone for doing some work for you, you’re going to find yourself processing payroll. And like so many aspects of small business, the first time you do it can involve a lot of confusion, uncertainty, and crossing your fingers in hopes that you’ve done it right. To make payroll processing easier (and more secure) the first time around, here are 5 things you should know before you bring on your first employee.

Amazon Business Owners – 6 Tips for Selecting an Accounting System

Bookkeeping

One of the things that you don’t often hear about from retail giant Amazon is how to best go about creating a system for accounting for Amazon sellers. While there are tons of articles about becoming an Amazon seller, you’re expected to know or learn everything that comes after for yourself. That can lead to…

Why Your Business Needs a Virtual CFO

Virtual CFO

If you are just starting your small business, the idea of having a Chief Financial Officer may seem a little far-fetched. But the fact is that having a virtual financial mentor, someone to help you make a plan, follow that plan, grow your business, and avoid common pitfalls along the way, can be a very…