Are you stressed out about cash flow? Does the thought of not meeting payroll keep you up at night? We get it. You are not alone. According to the 2022 State of Small Business Cashflow Survey by QuickBooks: 3 in 5 small businesses have unpaid invoices. US small businesses with unpaid invoices are owed around READ MORE
Tag: QuickBooks Online
Your Year-End Small Business Accounting Checklist
Using this Year-End Small Business Accounting Checklist will help you to save money by keeping the review with your CPA or tax advisor as efficient as possible. It is also designed to help you understand how to close your year like a pro! Step One: Report Review Before you dive into your Year-End Small Business READ MORE
Starting Strong: Productivity, Process, and People
Starting Strong: Part Two In our last post, we advised starting the new year off with clean books, so you help you have a better handle on your financials can make better business decisions. Our advice to start by analyzing your Chart of Accounts applies to every industry. But different industries have different key performance READ MORE
Why Bookkeeping Matters to Growing Your Business
Bookkeeping matters – and not only at tax-time. If you are working on growing your business, real-time financials are important. Knowing your numbers is critical. Good books are a priority. Why Bookkeeping Matters for Small Businesses Bookkeeping helps you answer questions about your business. It also helps you know what questions you should be asking. READ MORE
Cybersecurity: Where Your Business Is Vulnerable and What You Can Do About It
Cyber attacks are a growing threat for small businesses, and so by definition, the U.S. economy. According to the FBI’s Internet Crime Report, the cost of cyber attacks reached $2.7 billion in 2018 alone. And Small Business Trends reported that 43% of cyber-attacks targeted small businesses in 2019. From phishing scams to data breaches, the READ MORE
Enter the Age of Bookkeeping Automation
Remember The Jetsons? George Jetson’s job consisted of sitting behind a desk and pushing a single button while his computer handled the rest. Automation – It seemed so out there at the time. Welcome to 2020, where you can automate a lot of administrative small business tasks that weren’t possible even ten years ago. The less manual administration you READ MORE