From the category archives:



There’s no denying that we live in a digital age. Among consumers today, electronic forms of payment are the preferred and most popular method. The total transaction value in digital payments is in the trillions and expected to grow bigger in the years to come. As a small business owner, you’re no stranger to credit […]

The Basics of How to Start an Accounting Business

Everyone needs an accountant they can trust. Starting an accounting business is different than most other businesses. You aren’t trying to be flashy, you’re just trying to provide a service for businesses and individuals that need help managing their money. That doesn’t make it any easier, though. In this post, we’re going to go over […]

What Are Payroll Funding Companies and How Do They Work?

It doesn’t matter how profitable your company appears on the books, you can still run into cash flow problems from time to time. And, having a positive cash flow is vital for the operations and success of your business. So what do you do when this happens? Do you just stop paying your bills? Do […]

Business Tax Responsibilities of Foreign Banking: When to Declare Earnings

It was estimated in 2017 that around $2.6 trillion is held by American businesses in foreign bank accounts. The reasons for keeping assets in a foreign account are numerous, but the most obvious is the avoidance of America’s 35% tax on profits earned overseas. Holding cash in another jurisdiction sidesteps this expense, but it is […]

Why Is Budgeting Important for Nonprofits?

Did you know that there are over 1.5 million non-profit organizations in the USA right now? Whether charities, private foundations or fraternal organizations there are more non-profits than ever before.? If you are considering opening or running a non-profit organization you may have many questions. Should I run my non-profit in the same way as […]

Wondering If You Need an Accountant? This Is When a Business Should Hire One

Why do many small businesses fail? Nearly 30% of failures are because the business ran out of cash and 18% is because of problems with pricing and costs. You have to wonder whether many of these financial issues might have been avoided with the help of a good accountant.? Are you wondering whether you need […]

How to Get Your SBA Loan Application Approved

There are currently?almost 30 million small businesses in the United States. Are you getting ready to open one? Do you need help securing funding and getting your company off the ground? Unless you have a wealthy relative who can give you a small loan of a million dollars, chances are you’re going to need to […]

What Is a Digital Wallet and How Can It Benefit Your Business

A digital wallet is one of the best things you can do to secure your money. Many people are using digital wallets thanks to the evolution of technology over the past few years. Digital wallets remove the need to use a physical wallet as they carry all the information you need without needing physical storage. […]

7 Smart Bookkeeper Interview Questions to Ask to Hire the Right Candidate

Has it been a while since you’ve had a bookkeeper on staff??Small business owners may have a false sense of security when it comes to applications and software designed for DIY operations. There is no question, technology can save a lot of money by operating with less staff. It is usually around tax season when […]

What is the Purpose of Working Capital?

One-third of businesses will survive?10 years of business. A reason that so many businesses fail in the first 10 years is often because of a lack of planning. It could be they haven’t?mastered out the financial part of what it means to own a business.? But the point is, it’s difficult to own a business […]