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 your 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 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

  You want to be paid for the work you did right? 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 11, 2016
Preparing Your Business for 2017

What do you want your business to achieve for next year? If you haven’t started planning yet, you are behind. It has been an exciting week. Regardless of where you stand politically, we will have a new president in the USA come January. While we are on the topic, no one in the political arena […]

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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 to my business?”, “Do I need to have a business bank account to start recording expenses?” All of these questions are valid concerns for […]

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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
Financially Fit Fridays 06: How to Improve your A/R Processes

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
Financially Fit Fridays 05: Is your Cash Flow Positive or Negative?

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.   So many business owners associate the financial health of their business with their bottom line or net income. While it is important to know what your company’s net income […]

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October 7, 2016
Financially Fit Fridays 04: The 3 Services You Need Right Now to 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 some services we use that make our lives extremely easy when it comes to managing our business's books. 1. Xero Out of all the available cloud-based accounting providers, Xero is hands down the most […]

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September 30, 2016
Financially Fit Fridays 03: Did you know it’s an Accrual World?

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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