accounting education

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Considering Digital Receipts for Your Business

1. Digital receipts decrease costs Receipts eat into your profits. It costs money to buy the paper and the ink which is more than it costs to simply email receipts to clients. Your business saves money by not printing receipts for every customer. On a per-unit basis, receipts might not seem like a big cost. […]

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Accounting/Bookkeeping, ,
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Four Questions to Ask the Accountant

The key to achieving success in any partnership is, of course, strong communication. At your next meeting, be sure to ask the accountant these four important questions. 1. What’s my best strategy for increasing revenue? Every business owner strives to improve profit margins, but the best way to quickly and sustainably grow revenue will vary

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Accounting/Bookkeeping, CFO Consulting, Tax, , , , , ,
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What’s the difference between a bookkeeper and an accountant?

An established, growth-focused company will employ the services of both an accountant and bookkeeper. The two professionals work in tandem to ensure business financials are up to date, accurate, and carefully monitored. If you are in the early stages of your business, you might choose to do the bookkeeping yourself or hire a bookkeeper part

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How to Evaluate a Company Budget

Our blog post will provide an overview of key areas you can focus on when reviewing your budget. It’s a good idea to take a look at your company budget every quarter and see where you need to shift your priorities. Furthermore, review business spending over the past few years and how it affected your

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Accounting/Bookkeeping, CFO Consulting, , , , ,
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Six Essential Accounting Terms for Small Businesses

Want to increase your accounting knowledge so you can have more informed, insightful discussions with your account this quarter? Start right now, with this list of 6 essential accounting terms for small business owners. 1. Cash Flow Do you have more cash flowing into your business each month than you pay out to cover costs

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