Author: Marshall Hargrave

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The Small Business Accounting Systems Guide For 2024

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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, …

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Finance vs. accounting: Is there really a difference?

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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. …

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Customer financing: A guide for small businesses in 2024

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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 …

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Budget vs. forecast: How to do each for small businesses in 2024

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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 …

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How to fill out & file articles of organization in 2024

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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 …

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Profit formula: How to calculate profit easily

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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 …

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Starter guide for managing your online store finances in 2024

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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 …

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How do payroll audits work in 2023?

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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 …

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Quiz: How many of these business bookkeeping basics do you really know?

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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 …

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How do taxes for remote Americans work in 2023?

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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 …

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23 things every owner needs to know about their business

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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, …

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What to do if you don’t think a client is actually going to pay you

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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 …

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What are the best payment methods for small businesses?

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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 …

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Should you charge late payment fees? Weighing the pros & cons

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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 …

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4 steps to laying off employees with dignity & compassion

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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 …

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Everything you need to know about filing taxes as a small business in 2023

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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 …

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Everything you need to know about filing taxes as a small business in 2023

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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 …

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23 tax breaks for the self employed

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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 …

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13 tax tips anyone who’s self-employed should know

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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. …

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Are you your own boss? Start tracking these 17 tax deductions ASAP

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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 …