There are a lot options available to an entrepreneur who is just starting out in business. One that may look attractive to a new startup with limited funds for accounting software is GoDaddy Bookkeeping. Every entrepreneur needs a program to know where the business stands financially. This review of GoDaddy Bookkeeping will help you…
Business Entity Startup and Setup
One question we are often asked is, “What type of business entity should I set up?” The answer is always, “It depends.” There are implications that have to do with the type of business entity you establish, whether you declare yourself to be a sole proprietor, an LLC, or S-Corp. Different levels of government also…
Money Management Vs. Accounting
If you’re an online entrepreneur, it’s important to not confuse money management with accounting. Here’s why!
Buyer Beware: If an Accounting Service Sounds Too Good to Be True, It Probably Is
Perhaps you have seen the ads on Facebook or other social media sites offering bookkeeping for $150 a month. You think, “Yeah, I would love to have my books done if that’s all it will cost me!” However, as always, when looking for an accounting service, you have to read the small print. What seems...
#004: Setting Financial Goals For Your Online Business
As you plan out your goals for your business, keep in mind the importance of setting financial goals for your business.
#001: How to Choose the Right Accountant
Small business owner looking for an accountant? In this podcast, we give you tips on how to choose the right accountant.
How to Hire the Right Bookkeeper, CPA or Tax Preparer for Your Business
Choosing an accountant can be overwhelming. Here’s what you need to know looking to hire for your business.
The What, Why, and How of a Chart of Accounts
Unless you are well-versed in the accounting and financial world, the concept of a “chart of accounts,” may be new to you. It really is not that difficult. Essentially, a chart of accounts is a list of categories for your various business accounts: cash and equity, assets and liabilities, income and expenses. Keeping the chart...
Bookkeeper vs. Accountant: How Are They Different?
Need to hire help related to the financial aspects of your business? There are four primary types of service providers you can choose from.