Managing the accounting for your small business effectively can be a challenge for even the most seasoned entrepreneur. When you wear many hats in your business, it’s hard to keep things straight and maintain clarity across your accounting processes. So, what can you do in 2016 to make your small business accounting more efficient and effective?
For many small business owners, the only challenge greater than maintaining an effective accounting and bookkeeping system is preparing effectively for taxes. As a result, a high percentage of small businesses pay more in taxes than they need to — or find themselves paying unevenly from year to year. Either way, the result is more […]
For most small business owners, the end of the calendar year also signifies the end of the fiscal year, and this means making sure that accounting information and records are in good order so that the year-end closing process runs smoothly.