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Read the Latest
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5 Small Business Expenses You Can Write Off Your Taxes
Small businesses qualify for tax deductions on expenses related or necessary to their business. These write-offs help decrease a business's taxable income and, subsequently, lower the amount of money owed to the government. A comprehensive bookkeeping system and...
3 Dangers of Doing Your Own Bookkeeping
As a business owner, you likely find it difficult to relinquish certain responsibilities crucial to the success of your business. When it comes to your finances, however, an experienced bookkeeper will better serve your bottom line and provide other great benefits....
Controlling and Reducing Expenses
Controlling and Reducing Expenses-now even more important! Earning money is hard work, but keeping that money in your pocket is even harder these days. Expenses are a part of life, but learning to control or even reduce them could save your business. Consider these...
Business By The Books
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Inventory Valuation
How does my inventory value affect my bottom-line and taxes? Your Profit & Loss report and Balance Sheet are interconnected. How you value inventory determines costs of sales (aka: cost of goods sold) and therefore profit. The formula is: Costs of sales =...
Gains & Losses
Businesses often own capital assets. They include all kinds of property, movable or immovable, tangible or intangible, fixed or circulating. Thus, land and building, plant and machinery, motorcar, furniture, jewelry, route permits, goodwill, tenancy...
What is Debt Ratio?
A Debt Ratio is a financial ratio that indicates the percentage of a company’s assets that are provided via debt. It is the ratio of total debt (the sum of current liabilities and long-term liabilities) and total assets (the sum of current assets, fixed assets, and...
Why am I short on cash when my P&L says I am profitable?
Young businesses and non-profits often struggle to remain cash positive. Even mature organizations can experience situations that cause cash flow problems. We are happy to talk with you further about cash flow and how it impacts your business or non-profit. Click here...
Questions Small Business Owners Should Be Asking
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Better Business Through Technology
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Business By The Rules
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Archived Blog Posts
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