Customer Retention Strategies to Keep Your Recent Holiday Gains
What good is your holiday revenue surge if sales go right back to normal after Dec. 25? Who wants to hustle as hard as you did in November and December, [...]
What Does a Bookkeeper Do That I Can’t Do Myself? (Spoiler: Not Much.)
Many experts believe (and vocally declare) that every business needs a bookkeeper. We disagree. Technology’s capabilities have surpassed the need for human involvement in all but the most complex business [...]
Transaction Reconciliation Sucks. Now, You Can Automate it Instead.
There’s a difference between what you know about your business’s finances and what your bank knows. Balancing out the difference is a process called “transaction reconciliation.” Doing it manually sucks [...]
Ask the Expert: A CPA’s Top 5 Small Business Accounting Tips
More than three-quarters (78%) of small business owners haven’t completed any formal business training. But 83% of them consider themselves knowledgeable, very knowledgeable, or extremely knowledgeable when it comes to [...]
Ask the Expert: An MBA’s Guide to Cash Flow Analysis
Research from Bank of America tells us that of all the businesses that conduct yearly cash flow analyses and forecasts, only 36% succeed. That number jumps to 80% for companies [...]
Small Business Bookkeeping Software is Too Complex. But it Doesn’t Have to Be
What’s the only thing worse than feeling overwhelmed by the task of bookkeeping? Feeling overwhelmed by the bookkeeping software that’s supposed to make that overwhelmed feeling go away. And to [...]
Why Startups and Enterprises are Moving Away from Monthly Bookkeeping (and You Should Too)
“The death of monthly accounting,” as Andrew Hoag, CEO of Teampay, calls it, “has long been overdue.” Monthly bookkeeping has been the old standby, but it doesn’t support any business—from [...]
How a Bookkeeping App Lets You Complete Bookkeeping Tasks in Minutes, Not Hours
As a small business owner, you’re starved for time. Seventy percent of small business owners say they’re even too busy to eat during the day. One significant time- (and lunch-) [...]
Ask the Expert: How to Prepare for a Sales Tax Audit
Owning a business of any size that sells taxable goods or services means you may be subject to a sales tax audit at any time. Businesses that sell their products [...]
Inefficient Bookkeeping is Costing Your Small Business: Here’s How to Improve
40% of small business owners spend 80 hours on tax preparation/bookkeeping tasks each year — from manually entering transaction data into a spreadsheet to determining how to categorize transactions. The [...]