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The most common payroll schedules in the U.S. are weekly, biweekly, semimonthly, and monthly pay periods. While it may not seem like such a big decision, the choice is crucial to your business, as it could mean the difference between… Read More
Posts Tagged ‘accounting’
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4 Important Financial Performance Metrics For Evaluating Your Business
When you’re running a business, you likely are putting your heart and soul into it every day. You are passionate about the product, service, or idea you’re promoting and it shows. But the bottom line is if you’re not having… Read More
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3 Signs That You Need To Update Your Business’s Accounting Software
As your business grows, you will likely find that your accounting system is no longer keeping up with your financial management needs. As business needs increase, owners should start to consider hiring an outsourced accounting and bookkeeping provider to supply… Read More
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Top 10 Small Business Accounting Tips To Keep Your Financials In Order (Part 2)
Last week we started sharing a series of tips to help keep your small businesses accounting under wraps. Keeping track of your financial situation is an essential part of making sure your business stays on track. Not only do you… Read More
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5 Ways to Improve Your Business’s Budgeting and Forecasting
When it comes to budgeting for your business, there’s an awful lot to keep track of. Managing your goals, tracking profit margins, and projecting your growth is a lot to take on, even with a great small business team to… Read More
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4 Tips For Hiring A Qualified Bookkeeper For Your Small Business
Every small business owner should take bookkeeping very seriously, but not every owner has experience with accounting. Hiring a qualified bookkeeper is one of the first tasks you should accomplish, as they will help with a variety of services, including… Read More
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Accrual vs. Cash-basis Accounting
Business owners are responsible for making many important decisions every day, and one of the first crucial decisions you will make is which accounting method to use. The two methods that are the most different are cash-basis and accrual accounting,… Read More
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4 Tips For Determining Profit Margins on Services
When it comes to determining profit margins, goods-based businesses seem to have it so much easier. Since the product being sold is a tangible item, it has easily quantifiable costs and value. When you’re dealing in services, however, it becomes… Read More
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6 Tips For Efficiently Managing Your Business’s Books When Self-Employed
Self-employment can be a lot to manage. After all, it’s a lot of responsibility. When you’re self-employed, you’re not just your own boss; you’re also your own office manager, marketing specialist, and bookkeeper. These responsibilities can seem overwhelming, but there… Read More
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5 Essential Time-Saving Accounting Tips
Running your own business tends to be a very time-consuming task. Most small business owners admit that they don’t get enough time with family and friends and that they don’t go on vacation, even as most small business owners would… Read More