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Small Business Insights

Small Business Insights is filled with articles, tips and resources for small businesses to help resolve issues and overcome challenges in business. We hope that you will enjoy and find interest in these updates.



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Why is it important to keep good accounting records?

Posted on September 27, 2017 at 2:55 PM Comments comments (0)



As a business owner, I know that running a business involves a lot of different aspects from sales to day-to-day operations. And from my experience as an Accountant, I've noticed that most businesses neglect managing and maintaining thier accounting records.


Many business owners have reasons for not keeping up accurate records.  H...

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How Much Time Should You Spend on Small Business Bookkeeping?

Posted on September 27, 2017 at 2:15 PM Comments comments (0)



The amount of time spent on bookkeeping depends on the volume of transactions a business has acquire during a specific time. Transactions include invoices, bills, cash receips and checks.  If you're just starting your business, you may consider doing the books yourself to save money and it would make sense because you'd have a limited number of transactions.  I would suggest...

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4 Top Influential Books to Read this Summer

Posted on May 9, 2016 at 8:00 PM Comments comments (0)


How to Make Your Money Last: The Indispensable Retirement Guide

by Jane Bryant Quinn


Today, people worry that they’re going to run out of money in their older age. That won’t happen if you use a few tricks for squeezing higher payments from your assets—from your Soci...

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5 Reasons Why Attentive Bookkeeping Is Crucial for Small Business Success

Posted on February 7, 2016 at 2:45 PM Comments comments (0)



Maintaining your books isn’t something you should do solely as a tax-savings strategy. If done right, it can also prevent you from losing your sanity, as well as getting dragged into a potential lawsuit because you commingled your business and personal funds.


 

Here are five significant reasons for maintaining a separate checkbook and set of books for each of...

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How to Get Your Personal Finances in Order

Posted on December 11, 2015 at 1:45 PM Comments comments (0)

All our lives today are consumed by the many commitments we have, our various responsibilities and the bustle of daily activities. With so much going on, it’s easy to let financial planning take a backseat. Even if there isn’t too much going on, somehow, we always seem to find excuses to put off financial planning.

 

There’s something about “managing your money” that puts people off, causing them to avoid the seemingly daunting task. Then, the gu...

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Keep Your Business Finances in Order With These 6 Tips

Posted on December 10, 2015 at 9:40 AM Comments comments (0)



Do you find managing your business finances to be a pain? Although it may appear to be, and often is, tedious, keeping your finances in order is extremely important.

 

It helps you to project where your business is headed, and when you know exactly how your revenue and expenses are stacking up, you can begin to make more informed decisions for your business. Maintaining your f...

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