
3 Types of Cash Flow and the Best Way to Track Them
Tracking money in and out of your business may seem simple, but it can become complicated.
8 Tax PenaltiesYour Business Should Know About
Most business owners are well acquainted with tax penalties - they’re harder to avoid than anyone wants to admit. But what are tax-related penalties?
What to Consider in aBusiness Bank Account
Whether you are at the beginning of a new business journey or are looking to make some business finance upgrades, it is important to ensure your bank accounts are optimized for your needs.
How Far Back Can the IRS Audit?
The IRS generally includes returns filed within the past three years in an audit. However, if the IRS discovers a significant error during the audit process, it may audit additional prior years. It is rare for the IRS to go back more than six years in an audit.
The First Things to Outsource When Growing Your Business
You don't have to master it all in order to grow your business.
How long do I need to keep my receipts?
In general, you should keep business receipts for three years.
5 Key Financial Management Lessons You Can Learn From 'Shark Tank'
The show Shark Tank, where entrepreneurs pitch investors for capital, has some great business financial lessons. Primarily, the questions they ask teach you what's important in business and what you need to know about your business to be successful.
Don't Waste Money & Time With These Productivity Mistakes
When you become a business owner and CEO, your business depends on your own ability to be productive more than ever. And we all know, this is easier said than done! If you feel like you're being pulled in a million different directions and as if there is never enough time in a day or a week to accomplish everything you need and want to accomplish, then it's possible you need to work on your CEO task management skills.
Outsourcing vs. In-House Bookkeeping: What's Right For Your Business?
In-house bookkeeping is the traditional form of business bookkeeping, but companies are increasingly turning to outsourced bookkeeping solutions because of the advances in technology and a growing economy. While each of the two options comes with pros and cons, we've laid out the differences between the two.
5 Bad Money Habits to Stop If You Want to Attract Abundance
Want more money? Follow these 5 tips.
5 Ways to Manage Your Small Business During Hard Times
It will never be simple to run a small business during difficult times. But when you prioritize taking care of yourself, it does get a bit easier.
How to Minimize Overhead Costs
We are always looking for ways to help you cut down on expenses in order to maximize your profit. One of our favorite places to trim the fat is in overhead costs. Here are a few ways you can minimize your overhead costs without hurting your business.
How to Grow Your Business Savings
Have your business savings been stagnant? It can seem tough to grow your savings account when you have to pay bills and save for taxes. If you want to prioritize your savings, you’ll need a plan! Here’s how to grow your savings account in a sustainable, enjoyable way.
Bad Money Habits You Should Break
Are you aware of what your bad money habits are? Check out these bad money habits you should break now.
Can You Deduct Books and Education On Your Taxes?
Yes, those business books and courses are tax deductible (with a few exceptions, of course).