Job costing and process costing are necessary accounting systems businesses use to calculate costs to maintain their profit margin. There are a lot of costs associated with running a small business— …
How to Know if Your Business is Doing Well: Six Signs to Know
Have you ever questioned if your business is doing as well as you think it is? The answer is never as cut-and-dry as you would hope. Do you know that in the United States alone, 45 percent of …
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How to Select an Accountant For Your Business Needs
Every business deserves trusted advisors, and benefits from accounting and consulting services. Accountants offer business services ranging from tax services to business accounting services. Each …
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Should I Use Double-Entry Bookkeeping or Single-Entry Bookkeeping For My Business?
Let’s imagine you are running a lemonade stand. Your business is new, your transactions are low, and all you need to account for is revenue and expenses to determine your profit. For the time being, …
Bookkeeping vs. Accounting: What’s the Best Option For Your Small Business?
How does your business currently maintain financial records? Do you use online bookkeeping software to keep track of your finances and cashflow, and try to keep track of everything yourself, or do you …
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The Hidden Costs of Business (That Can Really Add Up)
As any small business owner knows, there are many costs that come with running a business. Many of these costs are pretty straightforward— including obvious costs like paying rent for your retail or …
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How Inflation Affects Small Businesses (And What You Can Do About It)
If you're watching the latest news, you've heard about supply chain shortages, workforce challenges, and rising inflation rates. Inflation is a normal part of the economy. But when inflation gets …
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Why You Should Use the QuickBooks Mobile App
It’s amazing how much technology has evolved in the last two decades. One of the greatest advances of all is smartphones, and what they do for us and allow us to do. Thanks to this technology, you now …
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Why Your Small Business Should Use QuickBooks for eCommerce
The internet is a massive and powerful part of everyday life. From checking the news and the weather to keeping in touch with friends, to buying groceries and other life necessities, the internet can …
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