Side Business Advice Are you currently working a full-time job, but have an entrepreneurial spirit and have always wanted to start a business of your own? You are not alone. Today, more and more people pursue opportunities outside of their nine to five job. From...
Determine if QBO or QBD is Right for You QuickBooks is a software produced to assist with the daily management of business procedures. If you are a business owner or self-employed, QuickBooks can help you get organized, make proper business decisions, and be prepared...
Transform Your Business with 5 Key Bookkeeping Tips Every business owner needs a solid bookkeeping system in order to stay in business. No matter how small your business is, you should make sure that your books are updated, accurate, and readily available as it...
Profit and Loss Statements: A Path to Financial Clarity A profit and loss statement (P&L or P/L) is a vital document for your business. It is simply a list of your total gross income and expenses. There is no true ‘format’ for a P&L, because each business is...
Tax Efficiency Tips for Small Business Success Track Your Expenses Receipts are like free money when it comes to taxes. Many of the receipts that you acquire over the year are for goods and services that can be deducted on your taxes which offsets taxable income. Of...