Did you know that there are more than 30 million businesses in the US alone and just 50% of them survive for more than 5 years? Apart from management or administrative problems, most small businesses fail simply because the owners are unable to calculate their annual budget properly. The yearly budget is more important than you might […] Read more “How to Set up a Monthly and Annual Budget for Any Small Business”

As a small business, you likely don’t have fully-staffed accounting and bookkeeping departments. But you still need to balance your books, pay your taxes and do financial planning. The problem is these endeavors are complex and time-consuming and you’ve got a business to run. Sure, you could hire more people to help you out, but […] Read more “Hubdoc 101: The Basics from Your Hubdoc Reviews Experts”

When you’re a business founder, you have to learn the ropes quickly. You have to stay agile with your money and make use of every dollar, especially when Tax Day rolls around.  What if we said you could get a tax benefit on your stock options?  You can through an 83b election. Here’s what it […] Read more “83b Election – How it Works and How to Get Started”

For years, many companies offered stock options to high-ranking executives and a few select employees as a reward for their contributions to the company. Since the 1980s, the number of companies offering employee stock options has increased 9-fold.  And it’s not just top staff members who are receiving the benefits. More and more, companies are recognizing […] Read more “How Employee Stock Options Can Help You Recruit More Committed Employees”

The biggest challenge for small businesses is focusing on their core products and service offerings when there are so many issues that need attention. For example, payroll is a complex and time-consuming task that must get done. Your employees have to get paid properly and have access to a lot of important information. To be […] Read more “Considering the Gusto Payroll Service? The Basics You Need to Know”

This is an important area for business owners and one that the IRS continues to focus on to make sure that companies are following the rules. Are you properly classifying your workers? Below is the 20 factors test that the IRS uses to determine whether a worker is an employee or an independent contractor. These […] Read more “Is your worker an employee or a contractor?”

You’ve got a great business idea. You’ve done your research and confirmed it a viability opportunity. You’re ready to launch… …but your finances say, “NO GO”. You don’t often hear about ways to manage a new business when you’ve got credit card debt. A lot of advice assumes you’re free to take on a loan. So, […] Read more “The Best Ways to Manage a New Business If You Have Credit Card Debt”

As a startup business owner, you know that entrepreneurship is an uphill battle.  You have to make the most of limited resources to build your company from the ground up. You have to be agile in every area and incredibly smart about how you use your resources–especially your money.  A simple financial dashboard is about […] Read more “The Importance of a Simple Financial Dashboard for a Start-up Company”

Business owners seeking financing have options from conventional loans to using credit cards. Each option carries pros and cons, making one wonder which is best for their operations. Have you considered a Small Business Administration loan? An SBA loan offers a great option due to its flexible terms and low-interest rates. Interested? Keep reading, this […] Read more “Guide to SBA Loans: How they Work and How to Get Them”

When you’re at the helm of a small business or startup, you spend your days thinking about the immediate expenses at hand. With tight margins and limited capital, every cent counts.  As such, it comes as no surprise that 71% of small-to-midsized businesses without retirement plans in place cite “expense” as their chief reason for abandoning this step. […] Read more “4 Small Business Retirement Plans You Need to Know About”

Business credit cards provide a great way for small business owners to build company credit and earn rewards. They also are a convenient way to purchase items necessary to grow the business. But, of course, there’s are a couple of caveats. You must have good personal credit to be approved for a business credit card. […] Read more “BREX Credit Card Review: The Perfect Card for Businesses”

We are dedicated to the small business owner, the Inc. 5000, and all the new and upcoming startups who change the world on their own. Here at Pasquesi Partners LLC, we are the engine that keeps your business turning. We need you and you need us; it’s a beautiful and innovative partnership that takes accounting […] Read more “Nothing Can Stop Us — Pasquesi Partners LLC Named A Top Accounting Firm By Clutch!”