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Tag Archive | "accounting"

Common Cash Flow Issues for Businesses and How to Fix Them

Monday, October 22, 2012

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The responsibility of owning and/or operating a business is a big one. It doesn’t even matter what the size or scale of your operation is — running and being responsible for a place that does commerce has high stakes no matter what. If you’re self-employed, then you’re risking the future of your financial situation, and […]

Ways to Improve Upon Your Current Accounting Procedures

Tuesday, September 18, 2012

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Proper accounting practices can make or break a business. It is so important to keep a close eye on all expenses, avoid unnecessary spending, uncover additional ways to save money and streamline processes, but many entrepreneurs miss out on these opportunities because their accounting procedures are not up to par. Although modern technology has done […]

Top 5 Legal Tips for Startups

Tuesday, September 4, 2012

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Launching a startup company can be a daunting proposition. You’ve nailed down the service you can provide, the products you want to manufacture, or the niche you aim to fill in your industry, but now it’s time to handle all of the legal setup that’s required. It’s an incredibly exciting time, but you can’t let […]

Commonly Overlooked Small Business Tax Deductions

Wednesday, July 18, 2012

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Small business owners are notoriously strapped for cash, and it’s no wonder when you consider that they’re in competition with mega-corporations that have tons of funding from both banks and private investors. In truth, small businesses simply operate on a smaller scale and therefor a smaller budget, but that doesn’t mean the small business owners […]

Simple Accounting Mistakes That Could Cost Your Small Business Money

Friday, June 1, 2012

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Although every business is worried about the bottom line, small businesses generally flirt with financial concerns far more frequently than their large competitors that have a steady income and in many cases, a larger line of credit. So whereas minor accounting errors could certainly add up over time and cause issues for a large corporation, […]

How to Survive the First Year As a Startup Business

Friday, May 18, 2012

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Most of us have read the statistics citing the fact that an overwhelming amount of businesses do not survive their first year of operation. Certain reports reveal that it’s as much as 70%, to be exact. So, it’s understandable that aspiring entrepreneurs might be a bit leery when it comes to living out the dream […]