Why being a small business can be an advantage to being a big business
Have you ever been in a meeting and learned about a change to a large service provider and were frustrated to hear about the next attempt to get you to fit into a standard box? I recently attended a seminar where I was told that a major bank would make their branches 100% self-service in […]
How to Finance a Small Business via Equity Investments
Funding a business is very much like gardening. Plant some money, and if the growing conditions are right and you tend your garden carefully, you will reap more money and yield more fruit. However, unlike gardening, locating the seeds (dollars) needed to begin your business is often the most difficult step in beginning your small […]
10 Strategies to Help Small Business Leaders Prepare for Year End
Year end is a busy time of year for finance & accounting staff. It is that time of the year where we draw a line in the sand and take a gauge on how a business performed over the last 12 months. Most businesses run their fiscal year in sync with the calendar year, and […]
6 Reasons Why a Bookkeeping Service Is an Essential Component to a Successful Business
When many business owners begin their companies, especially for the first time, their vision and foresight often falls short of knowing all the elements that are actually required to run a successful business. One of the most common forgotten components in drafting a successful business plan is hiring a talented and knowledgeable bookkeeper. In this […]
How 3rd Party Bookkeeping Services Can Help Small Business Establish Segregation of Duties
Segregation of Duties, also known as Separation of Duties, is the concept of requiring more than one person to complete a task. The purpose of this requirement is to help prevent fraud and mistakes, and the practice is a key internal control for any business. In effect, setting up a separation of duties creates a […]