Think your business is too small for you to bother with a budget? Actually, every business needs a budget it can stick to, no matter what stage of growth it’s in. Unfortunately, however, a lot of small businesses take a “we’ll-deal-with-it-later” approach to budgeting. This is often because there are too many other pressing issues […]
Okay, we get it – reviewing your business’s financial documents probably isn’t the most thrilling activity for you (or for most people, for that matter). In fact, you may even find it to be the perfect cure for your persistent insomnia. But here’s the rub: In order to have a successful business, you must have clear, accurate financial […]
According to our allergies, spring season is in full swing. And you know what that means: It’s time to do a little spring cleaning. But spring cleaning isn’t just about tidying up the closets and sweeping up the dust bunnies from their winter hibernation. It’s also a great time to clean up your business finances and review how the […]
Just because you own a business doesn’t mean you should have to be an expert in accounting. But by learning some of the most commonly used accounting terms, you can have a better grasp on what’s actually happening with your money. We’ve defined seven of the most important accounting terms in plain ol’ English, just for […]
Don’t have a budget for the new year yet? It’s time to get down to it. We’ve got some tips on how to create a budget for your business that you can reasonably expect to stick to. Creating a budget can be stressful, but here’s the good news: It doesn’t require locking yourself in a room […]
There’s always so much to do at the end of the year. On top of the parties, travel, and inevitable food comas that come with the holiday season, it’s also time to do some important year-end financial planning for your business. Is your business on track to end the year on a good note? Just like […]
No matter how much passion you put into your business, at the end of the day, there’s one success factor that your business relies on most. (And no, it’s not an endless supply of coffee, although we wouldn’t object to that). Of course, we’re talking about money. As in, the stuff that almost every business […]
Cloud accounting is how many of today’s businesses manage their finances, but there are some business owners who still aren’t too sure about it. Maybe you have a startup and you’re exploring your accounting options. Or perhaps you’ve had your business for a while, and you’re considering making the move from traditional accounting methods to the cloud. Either way, […]
The corporate tax-filing deadline is right around the corner (March 15). If you’ve been maintaining consistently accurate and up-to-date financial records throughout the year, then you’re probably in pretty good shape right about now. Good on you! For the rest of you who may have fallen behind (you know who you are), don’t let panic […]
If you extended your corporate taxes this year, that means you should have filed your final tax return to Uncle Sam by September 15. You’ll also have to pay any remaining tax due, which could be subject to penalty. Ouch. As if writing a fat check to the IRS isn’t painful enough, you’re in for […]