In your business, what do you usually do by the end of each quarter?If you answered anything other than profit distribution, then now is the time to start considering it – seriously!
Preparing for Year-End 2020 Payroll Early
When it comes to year-end payroll, it’s better to be early than late. And your payroll processor wants you to do this early as well.
Prime Year-End Tax Planning Happens When Q3 Ends
Whether you’re in the middle of 2020, or in the middle of 2021, the end of Q3 is a special time for you to get your financial foundations in place.
Your Best Work Happens When The Books Are Done
Many business owners are continually running on all cylinders in their business and they don’t understand what a good set of books could do for them. That’s why people need to have a clear vision of their business finances so they can reap the “play” benefits of owning a business.
The Power of Partnerships and the Hard Questions that Need to Be Asked
As a business owner, there are hard questions you may need to ask yourself, but the problem is you may not know what those important questions are. And this is where the power of partnership comes in.
How Profit First Can Naturally Leverage Your Behavior With Money
There’s an energy that starts to happen when you’re telling money what to do instead of money deciding what it’s going to do for you. It’s all about mindset. And Profit First will practically usher you into this new mindset of having control over your money and not the other way around.
Amazon Business Owners – 6 Tips for Selecting an Accounting System
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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 You’ll Love Our Small Business Bookkeeping Approach
Did you know that 90% of small business startups online fail within the first four months? If you want to beat the odds, you’ll need more than a great product. You’ll need a plan. And that plan has to include a system for bookkeeping online, or your finances will soon get out of control. Luckily,…
Tips for a Cozy Third Quarter
Get out your fuzzy sweaters and your financial statements…it’s time to plan for third quarter. After weeks of sweltering heat, we had a weekend of massive thunderstorms. I’m talking the kind that turn your backyard into a swimming pool and your swimming pool into a water feature. The kind with thunder bursts that make your dog howl…
Can I Write It Off? – Donations / Monetary Gifts to Your Business
How does the IRS feel about family/friends helping you out? It was 11.13am on a Tuesday. I was sitting cross-legged on the floor in front of my laptop, listening to Dave Brubeck, banging out some work, looking forward to lunch. My caffeine buzz was wearing off, so I got up to make another cup of…