Small- to mid-sized business owners have a lot of responsibilities on their plate. As the leader of a company, you are responsible for its income, balance sheets, and tax payments. If you are currently a one-person show where you handle all accounting duties, you might quickly find you need help. With the help of professional […] Read more “Bookkeeping Services: A Review of Bench.co”
Category: Small Business
What Do E-Commerce Companies Need to Consider When Tracking Inventory? Out of stock products? Orders you can’t fulfill? Then your e-commerce business probably needs to get a better handle on inventory management and tracking. Mastering the supply chain and improving e-commerce inventory management will be critical to your success when running an e-commerce business. One of the most important […] Read more “E-commerce Inventory Management Tips”
What KPIs for sales should you be using to drive growth for your startup? To maximize productivity and efficiency, you need the right measures in place. KPIs are powerful tools to show sales teams and leadership the impact of marketing campaigns, sales staff productivity, and strategies to reach potential and existing customers. Sales teams are […] Read more “7 KPIs for Sales Growth Acceleration”
Budgets for businesses can be confusing and often seem to be limiting. Yet, every business has a goal. That goal could be growth and scaling and often involves a revenue goal. For some companies, their goal is to reach a profitability level that helps them feel secure and successful. For others, how much cash the […] Read more “How to Approach Budgets for Businesses”
Nowadays, it seems like conversations about cryptocurrency tax are popping up everywhere. And it is not just the “tech-savvy” or hardcore investor that brings up the topic, because many people have begun investing in crypto. Today it seems like crypto has become, for lack of a better term, real. There are many good reasons why […] Read more “CryptoCurrency and Tax Implications”
Should you open an LLC when you start your new business? Or should you convert your current business structure to LLC? Some business owners do whatever is easiest to get up and running. However, your business structure determines how you’ll pay taxes, what insurance you need, as well as the extent of your personal liability. […] Read more “New Business? How to Open an LLC”
Many employees see the value in company stock, especially recently. The average worker participation rate in employee stock purchase plans rose to 28% from January 2020 to March 2021. And purchasing stocks isn’t employees’ only option. Many companies offer their team members a chance to earn vested stock, whether it’s through meeting certain commitments or staying with […] Read more “What is The 83(b) Form and Why is it Important?”
Preparing to sell your business is tough work. It takes time to get it into a position where you and potential buyers can be satisfied with the results. You’ll have to straighten your finances, review your business from every angle, ensure you know what documents you need and when, and have a plan for life […] Read more “How to Prepare to Sell Your Business”
The software development industry is on track to grow 22% by 2030, and this industry growth will result in countless new products for customers. As software creation develops, the methods that developers use to make this software have changed over the years. Meanwhile, the GAAP – the standard for accounting – has remained the same. Business owners who […] Read more “Capitalize vs Expense the Development of Software Costs: What to Know”
Cash flow is the lifeblood of your business. If you do not have strong cash flow, it’s impossible for your business to meet financial obligations, especially in changing conditions, leaving your business unable to weather the storm and fighting for survival. However, analyzing your numbers now, at the beginning of the New Year, and building […] Read more “How to Prioritize Cash Flow for the New Year”
You’ve used data to set your goals for 2022 and now you’re excited about the opportunity to make them happen. How are you going to do that? Take advantage of the data you have. Data helped you establish your goals in the first place and you can use data to ensure that you achieve them. […] Read more “How to Bring Your Goals to Reality with Data”
As the new year begins, businesses everywhere have one thing in mind; to reach their business goals and we have the answer; OKRs. To achieve your goals, you’ll need to stay focused and make sure the work of your team prompts high levels of impact. However, this is where the real challenge resides for most […] Read more “How to Set and Achieve Your 2022 Business Goals with OKRs”