Category: Small Business Tips

Most companies realize the importance of engaging with customers. This is because they understand that happy customers can help them grow. Even if you have the best product on earth, if you’re not putting yourself out there, no one will know you exist. So even the average guys who put themselves out there can get […]

While most health insurance plans offer the ability to pay for your premiums with pre-tax dollars, there are now some plans that offer additional tax-free or tax-deferred benefits. If you participate in a high-deductible plan that is paired with a Health Savings Account (HSA) or Medical Savings Account (MSA) for your out-of-pocket expenditures, then your […]

If you’ve read our article QuickBooks Online vs. Desktop, and you feel like desktop is the way to go, the next question is: which version should you use? The two products that small business owners tend to opt for are QuickBooks Pro and QuickBooks Premier. Comparison of Features QuickBooks Pro and Premier are both targeted […]

One of the challenges of running a small business is that every dollar counts. This means that while paying by credit card may be convenient for your customers, it likely isn’t as convenient for your business, which winds up paying service fees as high as 3% in order to receive your money quickly. Yuck. But […]

A sole proprietorship is a business that is owned and operated by one person. In a sole proprietorship there’s legally no distinction between the business owner’s personal assets and debts and the business assets and debts. If you’re thinking about the best way to set up your business and you think a sole proprietorship is […]

Dispute management and accounting may have its distinct roles, but both rely on organization in order to make a business grow. Without organization, there is no knowledge of disputes, which in turn means no knowledge of revenue loss. That is what makes these roles more dependent with each other than most people think. Here, we […]

For many entrepreneurs fresh to the startup world, they’re likely to incorporate as either a sole proprietorship or a limited liability company (LLC). Both legal structures are affordable and require little paperwork in order to get up and running. So, which one should your business choose? Are there pros and cons associated with these entities? […]

People. We’re all different, and that’s a good thing! What fun would this world be if we were all carbon copies of our neighbors? No fun at all! Being different from each other means that we have different characteristics, different strengths and weaknesses, different things we each excel (or don’t excel) at, and different talents […]

In a 2015 report, the U.N. estimated the annual cost of eliminating world hunger to be $116 billion per year. In 2016, the IRS published their Federal Tax Compliance report, which estimated the annual tax gap (true tax liability – tax eventually collected) at $406 billion — enough to end world hunger 3.5x.   Ending World […]

We get this question a lot. That’s probably due to the business we’re in (accounting software, with a healthy dose of bookkeeping on the side). Either way, we talk about it all the time. What does a bookkeeper actually do? There are often other questions that go along with that one: are bookkeepers the same […]