How does one perform bookkeeping for a rental property?

As a small business owner, you may own real estate in addition to your business. Taking care of your real estate investments may require minimal effort, but attention should be…

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Accounting: Role and Importance to Life Sciences Consulting Firms

Accounting procedures are beneficial to your life sciences consulting firm that is looking to increase profitability. Growth in your business can bring increased expenditures such as loans, interest payments, and…

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Role of Remarketing in Small Business

In the world of advertising, there is a new “buzzword” going around. Targeting previous visitors of your website in marketing efforts, or “remarketing”, is proving to be an effective tactic…

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Why is Bookkeeping so important for success in a small business?

According to Economic Innovation Group, 5.4 million new business startups were filed in 2021. However, statistics have shown that over 49% (lendingtree.com) of businesses are insolvent or bankrupt before their…

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What Your Startup Needs to Focus On

"It's not what you sell, it's how you sell it" once expressed by HubSpot’s CTO, Dharmesh Shah, is an invitation for startups to evaluate their strategy. In the small business…

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What Team Leaders Can Learn from a Game of Football

John Madden is quoted as stating, “self-praise is for losers. Be a winner. Stand for something. Always have class, and be humble.” People who are involved in leadership work with…

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Three Principles of Bookkeeping

Bookkeeping is an essential part of keeping a business organized. With proper bookkeeping practices, small business owners can efficiently manage cash flow and keep things running smoothly. Comparatively, bad practices…

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Accrual Basis: The Case for Double-Entry Accounting

Financial records have different methods of being kept, and two of the most common approaches are accrual and cash basis accounting. According to a study of small business owners done…

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Accounting in the Tech Industry

As one of the fastest growing markets today, the technology industry is quickly changing the world around. In such a fast paced environment, small and medium businesses involved with technology…

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