Hey, you! You there, with the small business! Are you filing federal income taxes monthly or quarterly? And are you sure you're choosing the right option? If a chill just went down your spine, you're not alone. Paying small business taxes is intimidating enough without doing it four … Read More
If you're running a business, you probably like profit. Who doesn't? Profit keeps the lights on and pays the bills. But saying the words "Profit First accounting" can seem both a little greedy -- think Scrooge McDuck -- and a little obvious. Don't most businesses inherently put … Read More
Wow, 2020. You’ve been a real doozy. Between the global pandemic, election year, and roller-coaster international economy, it’s easy to imagine curling up under the covers and asking someone to gently wake you when it’s all over. And as tempting as it may be to want to … Read More
A milestone birthday is coming up soon: I’ll be 50 on August 3. It’s a half-life milestone, hopefully, because I wouldn’t be the first person in my family to live to 100. My grandmother made it to 102. Though we can never know what the future holds for … Read More
If you’ve been in business for a while now, you’ve likely heard the mantra know your numbers. But if you aren’t a “numbers person,” do you know which numbers mean the most to your business — or what to do with that information, once you know them? There … Read More
Managing your finances is arguably one of the most stressful aspects of running a business. Well-established companies are not immune to this, but start-ups find money management particularly challenging, with no true run rate to refer to and depend on. Getting the right financial processes in place early … Read More
Running a company, particularly a start-up or small business, requires you to wear many hats. Depending on the business' growth rate and your appetite for getting outside help, you may find yourself in the position of outsourcing key financial functions — and sooner vs. later — such … Read More