Author: Marshall Hargrave
The Small Business Accounting Systems Guide For 2024
Your accounting system is the heart of your business. It helps you track expenses and manage invoices—keeping you on track with managing your cash flow. Yet, …
Finance vs. accounting: Is there really a difference?
When it comes to finance vs. accounting, the differences can be confusing. Yet there are many distinctions between the two that can majorly impact your business. …
Customer financing: A guide for small businesses in 2024
If you are a small business owner, the financial resources of your customers can play a key factor in your company’s success. Customer financing, such as …
Budget vs. forecast: How to do each for small businesses in 2024
While many business owners have to focus on managing the day-to-day, planning for the future is key to managing cash flow and finding growth opportunities. Budgeting and forecasting …
How to fill out & file articles of organization in 2024
If you’re starting a business or charging for your products and services, you’ll need to understand the legal requirements for becoming an official business entity. For …
Profit formula: How to calculate profit easily
As a small business owner, you’re likely always looking for ways to boost your income. Whether that’s by increasing sales, eliminating redundancies, or decreasing expenses, you …
Starter guide for managing your online store finances in 2024
Managing your business’s inventory levels is key to knowing how much and when to order more product. But things get more complicated when you have to manage inventory …
How do payroll audits work in 2023?
No small business task seems more complicated than payroll, especially since the risk of error can be high. However, you can take proactive steps to reduce the …
Quiz: How many of these business bookkeeping basics do you really know?
Bookkeeping is one of the fundamental pillars of running a business. A lot goes into it—from managing payables and receivables to balancing books. But what might …
How do taxes for remote Americans work in 2023?
Remote work is more prevalent than ever, with nearly 60% of employees being able to work remotely at least part of the time, according to a …
23 things every owner needs to know about their business
E-commerce reports reveal information about your sales and customer purchasing behavior—and there are many types of reports. While one may provide great insight into your sales, …
What to do if you don’t think a client is actually going to pay you
While collecting all the money you’re owed is the best-case scenario, small business owners know that things don’t always go as planned. Estimating invoices you won’t …
What are the best payment methods for small businesses?
What’s the best payment method for small businesses? Some say cash is king, while others swear by credit cards. But in light of the coronavirus, small …
Should you charge late payment fees? Weighing the pros & cons
Here’s a situation no business owner or freelancer wants to deal with: invoices way past their due date. You’ve provided the agreed-upon service or product. You’ve …
4 steps to laying off employees with dignity & compassion
As a small business owner or manager, it’s never easy to lay off employees. Unfortunately, economic and unforeseen conditions can make it necessary to make difficult …
Everything you need to know about filing taxes as a small business in 2023
If you’re new to filing taxes as a small business owner, you might feel a little intimidated by the process. You may find yourself asking questions like: How …
Everything you need to know about filing taxes as a small business in 2023
If you’re new to filing taxes as a small business owner, you might feel a little intimidated by the process. You may find yourself asking questions like: How …
23 tax breaks for the self employed
There are many tax breaks for small businesses—and we bet you want to know all of them to help reduce your tax liability and keep more …
13 tax tips anyone who’s self-employed should know
Tax season is an especially stressful time for small business owners. If you procrastinate on tax season preparation, it might be time to rethink your strategy. …
Are you your own boss? Start tracking these 17 tax deductions ASAP
Filing your taxes and keeping track of W-2 employee forms can be overwhelming. But, when you’re a small business owner, the labyrinth of paperwork and potential self-employed tax …