Small Business Brief

Accounting

What Are the Advantages of Outsourcing Payroll?

In the US, small business owners are spending almost 5 hours every pay period dealing with payroll taxes. This equals 21 days a year! Needless to […]


7 Things to Know Before Managing Payroll for a Small Business

There are more than 30 million small businesses across the country and each one has to have some kind of payroll system in place. Payroll […]


5 Crucial Bookkeeping Tips for Small Businesses

In the United States, there are about 30.2 million small businesses. If you want to compete with all of these other small businesses and be […]


Why You Should Never Do the Accounting for Your Business By Yourself

According to some reports, experts expect the accounting software industry to reach $118 billion by 2026. As a small business, you should really invest in […]


Hiring An Accountant For Your Real Estate Agency: Finding the Right Person

The American housing marketing has been booming. Listings are selling just days after going up on the market. Since the supply of houses is at […]


Filing Small Business Taxes for the First Time? Why You May Need to File Personal and Business Taxes Separately

Groundbreaking innovation aside, running a small business is all about compliance. You’ll spend a good chunk of your time in the first year making sure […]


A Guide to Self-Employed Payroll: How to Pay Yourself

If you have just joined the ranks of the 56.7 million freelancers in the US right now, you probably have a lot on your plate. […]


Keep Business Booming: 3 Ways Delayed Payments Impact Your Business

Does your business model allow clients to pay for a product or service at a later date? Maybe you’re a construction company that does government […]


How to Manage Cash Flow in Business Effectively

About 67 percent of small business owners say managing cash flow is one of the biggest challenges they face. It’s easy to see why. Poor […]


10 Ways A Payroll Management System Will Help Your Business

Outsourcing your payroll can cost $25 to $200 each month, if not more. And hiring an expert in-house can cost you a full-time salary and […]


This Is How to File Taxes With Your Last Pay Stub

Just over 93 million Americans are going to file taxes this year. If you’re one of them, you know how stressful it can be. You […]


How to Prove Income When Self Employed: 5 Effective Ways

More people are self-employed in the U.S. now than at any other time since 1957. What’s more astonishing is that number was reported at the […]


What Is the Difference Between a 1099 and a W2 Tax Form?

According to the 2018 Small Business Profile, there are 30.2 million small businesses in the United States who employ 58.9 million people. As the owner […]


The Best Financial Tax and Accounting Software for Small Businesses

Do you run a small business? It can be amazing, but it can also come with many challenges, particularly in the era of lockdown and […]


What Percentage Does a Small Business Pay in Taxes?

Out of the thousands of business owners in the U.S., about 20% don’t know the percentage of taxes they have to pay. As a small […]


How to Find a Small Business Accountant: This is What You Need to Do

You started your small business because you have a passion for what you do. You provide a service or product that is what you do […]


A Simple Guide to Nonprofit Accounting: This is What You Need to Know

There are over 1.5 million nonprofit organizations in the U.S. All of these organizations are bound bu the tax code and donors to show transparency. […]


How Much Tax Does a Small Business Pay? A Useful Guide

With over 30 million small businesses in America, there’s a lot of collective opportunity for stress whenever April rolls around. That’s because it’s time to […]


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 […]


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 […]


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 […]


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 […]


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 […]


How to Hire a Bookkeeper Who’s a Good Fit for Your Small Business

Running a business requires managing a lot of information. But out of everything you need to manage, your finances are one of the things you […]


Bookkeeper vs Accountant: Which One Does Your Small Business Need?

For many small business owners, money management issues are often a challenge. From a lack of capital, which is one of the most common reasons businesses […]


7 Essential Steps to Creating a Financial Plan for a Small Business

As a small business owner, you recognize the importance of your business plan. It outlines the course of your business, how you plan to make […]


9 Steps to Effectively Managing Finances for Small Businesses

What if your business was digging its own grave every single day? The goal of any small business is to make profits and expand. However, […]


5 Eye-Opening Benefits Of Online Accounting Software

Small businesses embracing this technological age should consider switching to online accounting systems. Most business takes place online anyway through emails, customer relationship management systems, […]


Accounting for Small Purchases: Why and How to Use Petty Cash

Ask around to any business experts on what kind of perks they offer their customers and the number one item is always coffee. However, if […]


The Perks of a Small Business Accountant For Well-Managed Finances

Adequate accounting is one of the most neglected areas in small businesses. Many businesses fail to realize the importance of having a small business accountant; […]


5 Common Myths About Outsourced Payroll Providers

Outsourcing is a useful option for most business owners to consider. There is any number of tasks you can choose to send to a provider. […]