Mar 24, 2022 | Bookkeeping, Accounting
First and foremost, what does shareholder equity mean? Shareholder equity refers to the value of a company’s assets that remain after deducting the firm’s liabilities. You should work with a professional accountant to get an accurate shareholder equity...
Feb 13, 2022 | Accounting, Bookkeeping
Organized bookkeeping is the bread and butter of all businesses. Don’t get too hungry though, because we’ve barely begun with these scrumptious tips that will help you kick your business off in the right direction. Efficiency is KEY! Chart of Accounts One...
Feb 7, 2022 | Accounting, Bookkeeping
Keeping track of money is the most tedious part of owning a business. However, we are all aware that a business is not all selling and making money. Although that is a vital part of a business, it is (or should be) known that the success of a business relies on how...
Aug 18, 2020 | Accounting, Bookkeeping
Starting a business involves numerous transactions and finance-related activities, which makes accounting and bookkeeping necessary even for small business owners. Keeping track of where your money goes is essential for business growth. Poor cash flow management can...
Nov 18, 2019 | Accounting, Bookkeeping
Every business needs a business structure. The structure you choose for your business influences your operations, taxes, and the number of personal assets that are at risk. Different Business Entities You need to make sure that you are choosing a business structure...
Apr 18, 2018 | Bookkeeping
Many small business owners have a do-it-yourself mentality when managing their business. They have general knowledge and understanding of what it takes to start and run a company and want to keep their expenses low. When it comes to bookkeeping, there are plenty of...
