Blog
How to Find and Hire the Best Bookkeeper for Small Business
Are you a small business owner looking to hire a bookkeeper but feeling overwhelmed by the financial side of things? You are not alone—and we’ve got your back. Here is a step-by-step guide to help you hire the right bookkeeper for your business. Step 1: Define...
Month End Bookkeeping Tips for Small Businesses
I get asked all the time: “What does closing the books actually mean?” It sounds more intimidating than it is. Closing the books is simply making sure everything in your accounting software matches what happened in your bank accounts that month. You are reconciling,...
Common QuickBooks errors and how to avoid them.
Let's be honest. QuickBooks is powerful, but it's not exactly foolproof. I've been working with small business owners and their QuickBooks files for over a decade, and I've seen the same mistakes pop up again and again. The good news? Most of them are...
What Is Cash Flow? A Beginner’s Guide
Let’s talk about cash flow. The “wait, where did all my money go?” mystery that trips up so many small business owners. It sounds like one of those financial terms everyone should understand, but the truth is, most of us were never actually taught how it works. If...
How to Prepare for a Bookkeeping Clean Up
If your books are a bit of a mess, or a complete mystery, that's ok, you are not alone. Many small business owners are too busy running the show to keep every transaction categorized, every receipt uploaded, and every bank account reconciled. Eventually, messy...
Bookkeeper vs. Accountant: What’s the Difference?
Bookkeeper. Accountant. CPA. Controller. CFO. If you’ve ever felt confused about who does what when it comes to your business finances, you’re not alone. Many small business owners are not quite sure where bookkeeping...
Understanding a Profit & Loss Report
Understanding Your Profit & Loss Report (Without the Headache) Let’s be honest, terms like “Profit and Loss Statement” (also called a P&L or income statement) sound like something only accountants need to worry about. But if you’re a small business owner,...
Year End Financial Checklist: Easy Steps for Small Business Owners
As the year ends, small business owners need to get their financial ducks in a row. Don't worry, you don't need a master's degree in finance to make this process a breeze. In this guide, we'll show you what to look for as you prepare your business financials for...
1099-NEC Forms Explained: Who Needs One and How to File Correctly
If you have hired contractors or freelancers this year, there is a good chance you will need to send them a 1099-NEC form at tax time. If you have never done it before, the process can feel a little overwhelming. What is the difference between a 1099-NEC and a...
How to Set Up Payroll for Your Small Business (Without Losing Your Mind)
So, you're ready to hire your first employee — congratulations! It is an exciting and important step. It also means dealing with payroll, which can feel like stepping into a maze of tax forms and deadlines. The process is less complicated than it appears. Once your...
Cash Flow Doesn’t Have to Be Confusing
Did you know that cash flow problems contribute to 82% of small business failures? Even businesses that show a profit on paper can run into serious trouble if there is not enough cash on hand when it is needed. Let’s make cash flow a priority, not a stressor....
Dear Solopreneur: You Don’t Have to Do It All
You built your business from the ground up - DIY website, product setup, videos, emails. You did all the things on your own. And that’s something to be proud of. You built your first website, learned how to edit and upload videos, figured out how to format your...
