Browse our latest articles for practical bookkeeping advice, QuickBooks tutorials, and accounting strategies. Discover tips for efficient financial management and stay informed with current updates tailored for modern businesses.
The High Cost of Poor Bookkeeping: 10 Critical Financial Risks for Small Businesses

As a small business owner, maintaining accurate financial records might seem like just another task on your ever-growing to-do list. However, the true cost of neglecting this critical aspect of your business can be far greater than you might expect.   From tax penalties to missed growth opportunities, the consequences of poor bookkeeping extend beyond…

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What’s New in QuickBooks Online Spring 2024

Welcome to the latest update on QuickBooks Online for the spring of 2024! As one of the leading accounting software solutions for small businesses, QuickBooks Online is constantly evolving to meet the ever-changing needs of its users. In this article, we’ll explore the newest features and enhancements that have been introduced to QuickBooks Online, helping…

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How to Calculate Profit for Your Business: A Comprehensive Guide

Understanding how to calculate profit is crucial for any business owner. Profitability is not just an indicator of business success; it’s essential for survival. This blog post will guide you through the process of calculating profit, discuss the different types of profit you might assess, and offer practical tips to help you maximize your business’s…

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Beginner’s Guide to the 8-Step Accounting Cycle

Understanding the accounting cycle is fundamental for anyone involved in financial management, whether you’re running a small business, managing a large corporation, or just starting out in the field of accounting. The accounting cycle is a structured process used by organizations to record and manage their financial transactions. From identifying transactions to reporting and analysis,…

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Choose QuickBooks Enterprise or Advanced

As businesses grow and evolve, their needs change. One ongoing challenging decision is selecting the right accounting system. Numerous factors come into play, including readiness for upgrades or switches, and determining the most suitable configuration for your industry. To help you decide what would be the best fit for your business, we will be comparing…

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10 Real Advantages of Ongoing Bookkeeping Services

Effective bookkeeping is the backbone of successful business management, providing clarity and control over financial health. In our latest blog post, we explore the 10 advantages of ongoing bookkeeping services, highlighting how they can transform your business operations. From enhancing financial analysis and decision-making to ensuring compliance and improving cash flow management, regular bookkeeping offers…

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2024 Small Business Guide to Managing Payroll Expenses

Navigating the myriad costs associated with running a small business can be daunting, from overheads like rent and equipment to the variable costs of office supplies. A significant and often complex aspect of these expenditures is payroll. The addition of each new team member not only increases the workforce but also the payroll expenses. But…

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10 Ways to Manage Cash Flow in Construction

Cash flow is essential for any construction business. Poor cash flow can lead to a lack of resources and can even put a business into bankruptcy. This is why it is essential for construction companies to manage and improve their cash flow. Here are 10 ways to manage and improve cash flow in the construction…

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6 Key Strategies to Becoming a Top Customer Satisfaction Company

  Each of us has a handful of businesses that have become indispensable in our lives. Imagine how you’d feel if you were told, “You’re no longer allowed to engage with them, ever”? For a lot of people the answer to this question contains a few familiar names including: Apple, Starbucks, Nordstrom, and Amazon, not…

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Choosing Between Starting a Business or Buying a Franchise

Embarking on the entrepreneurial journey is a thrilling yet daunting prospect. Whether it’s nurturing a startup from the ground up or buying into a proven franchise model, each path offers distinct advantages and challenges. Before you make this life-altering decision, it’s crucial to weigh six key comparisons that could define your business future.

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Debunking Three Popular Franchising Myths: What You Shouldn’t Believe

  Franchising, a business model that has paved the way for global giants and local favorites alike, often falls prey to numerous misconceptions. In this in-depth analysis, we will debunk three of the most common myths surrounding franchising, thereby illuminating why companies should consider this model to scale their businesses. Additionally, we will explore how…

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QuickBooks Desktop 2021 Discontinuation May 31st – How This Affects You

The QuickBooks 2021 Discontinuation is near! For many seasoned users, we know it is that time of the year. For those of you who have just started using QuickBooks Desktop, you may be wondering what this means to you, especially if you are using version 21 or earlier. Put simply: anyone who is still using version any…

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