June 19, 2018
How to Start a Business in 10 Easy Steps

When meeting with budding entrepreneurs, we will sometimes get asked what is the best way to get started when creating a business. There is a lot of confusion and conflicting information out there. We have compiled a list here to give you the 10 essential steps to follow when starting a business. 1. Entity Filings […]

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November 23, 2016
Which Business Structure is Right for You?

Filing paperwork to incorporate as a business can be a daunting task and for good reason. The business structure you choose will determine a lot about how your business will be run and managed. There are so many different options available to you and each of the entity types have their benefits and drawbacks. For […]

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November 18, 2016
How and When to Bill (Invoice) Your Customers

  Do you want to be paid for the work you did? Well of course you do but did you know that you could be doing things that might be delaying you being paid? Here’s the bad news: In most cases, it’s really easy to mess up invoicing. Here’s the good news: It’s really easy […]

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November 4, 2016
How to Properly Record Expenses in your New Business

Ever wonder how you properly record business related expenses when starting a business? Many first-time entrepreneurs will ask a question similar to the following: “When do I start recording expenses for my business?”, “Do I need to have a business bank account to start recording expenses?” All of these questions are valid concerns for first-time […]

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October 28, 2016
Do you Need a Bookkeeper or an Accountant?

The Answer Might Surprise You. Unknowingly, most business owners associate the name Bookkeeper or Accountant as one of the same. Do you know what the differences are? Are you getting the services you need to be the most successful business owner possible? Who is the Bookkeeper and what do they do? The Bookkeeper is the […]

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October 21, 2016
How to Improve your Invoicing

My very first “job” after college was working for a large corporation in the Accounts Receivable department collecting payments from customers who were paying invoices sent by the company I worked for to the customer. Getting timely payment from customers is not a new problem but there are things you can do to reduce time […]

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October 14, 2016
Cash Flow: The Metric that Is More Important Than Income

Yes, your bottom line is important but there is another business metric that is just as if not more important than your business’s bottom line. That business metric is your business's cash flow. So many business owners associate the financial health of their business with their bottom line or net income. While it is important […]

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October 7, 2016
Automate Your Business's Bookkeeping

Over the past few weeks, we have covered a lot of accounting theory but this week I wanted to tell you about 3 services we use that could make your life extremely easy when it comes to managing your business's books. 1. Xero Out of all the available cloud-based accounting providers, Xero is hands down the […]

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September 30, 2016
Accrual Accounting: The best way to Manage Your Business

One of the biggest puns in the accounting and bookkeeping world is to say “It’s Accrual World”. To an outsider, one might think that I have fallen off my rocker and lost all sense of my grammar skills. I can promise you that’s not the case. No, I’m not hooked on phonics, and no I […]

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September 23, 2016
The Most Important Job of any Business Owner

With so much talk today about "work-life balance" and everyone having their own opinions on this topic, I find it a little humorous that we don’t talk about balancing our business’s books as much (enter sarcastic smirk here). All jokes aside, one of the most important activities to be completed by a business owner or […]

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