Nonprofit organizations often have complicated financials they need to manage in much the same way as a business, but in many cases do not have the time or resources to invest in their bookkeeping as they should. Still, managing your books is crucial for a nonprofit organization to stay financially healthy and organized over a …
The COVID-19 pandemic has ravaged businesses of all types and sizes across the nation, and it’s small businesses that have been particularly damaged. Even small businesses that received Paycheck Protection Plan (PPP) funding will still need to navigate some financial difficulties if they are to survive the challenges of the coming months or even years. …
Tips for Cutting Expenses and Growing Savings During the Pandemic Read More »
As a small business owner, you are going to have a very difficult time staying on top of your finances if you do not make thorough, detail-oriented bookkeeping a priority, especially as your company grows. But not every business owner understands the financial information they need to track. There are a variety of accounts, documents …
The Basic Bookkeeping Needs of Small Business Owners Read More »
Your ability as a business owner to make long-term financial plans for your business depends on tracking and analyzing important financial metrics. But with so much information at your disposal, it can be difficult to know which data is the most important. With this in mind, here’s a quick overview of the metrics you should …
The Most Important Financial Data You Should Be Tracking Read More »
As a business owner, it’s easy to get bogged down in some of the minor details or tasks that go along with keeping a business operating efficiently. Bookkeeping-related tasks, for example, are necessary to complete, and yet the amount of time they take out of your day can quickly add up. Your energy is better …
The COVID-19 pandemic has people in many different professions working remotely, in some cases for the very first time. If you have bookkeepers or accountants on staff, they’ll need remote access to your QuickBooks to stay on top of all transactions and financial information. You should know that the desktop version of QuickBooks is not …
The COVID-19 pandemic has resulted in millions of Americans working from home, many for the first time. Maintaining productivity during a global pandemic in an unfamiliar work environment while sharing the space with other people (including children, for parents) can be a difficult prospect, but there are some strategies you can implement each day to …
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The Paycheck Protection Program was put into action in late March when congress agreed on a relief package for the coronavirus pandemic for individuals and small businesses. However, its initial $349 billion in funding ran out after just 13 days. Fortunately, small businesses that did not get funding through the PPP the first time around …
What You Should Know About the Paycheck Protection Plan Read More »
As the COVID-19 pandemic stretches on without an end date in sight, businesses of all types have had to get creative with their operations to continue to survive and thrive financially. Many small businesses rely on in-person service, so there are some types of businesses that have had to completely change their standard operating procedures …
Tips to Help Your Business Thrive Financially During Quarantine Read More »
