There has been a great deal of discussion lately about raising the minimum wage in the US from $7.25/hour to $10.10/hour. In Seatac, WA, the minimum wage is already at $15.00, and other places such as California have raised theirs well above the $7.25 base. Check out the infographic on our website's
More accounting lessons
A couple of weeks ago we provided a link to Dave Marshall's "Bean Counter" blog. "The Bean Counter" is a pretty good resource for teaching yourself bookkeeping methods. Hopefully, you gave it a look! In the meantime, we remembered something else you may find useful and we wanted to share it with you
Accounting Lessons: Where you can find them
Bookkeepers know a lot of stuff about taxes and money and ledgers, but the truth of the matter is its not rocket science. There's a lot of common sense at play, and many of the strategies and methods for doing bookkeeping work are easily learned and applied. For example, there's a great blog on how
What small business can expect in 2014
A new year brings newer expectations and hopefully a brighter outlook on the future. We've compiled a list of changes and new expectations for small businesses in the upcoming year. Give the list a read. 1.) Better technology, anyone? You could summarize the uses of much of the technology
Dental Practice Purchase –Before you buy
Deciding where to buy, how to go about it, and what kind of dental practice to purchase is a very important step in the career of a dentist. There are many essential decisions to make and key factors to examine as you search for the perfect dental practice that meets all of your needs. Take your
Small Business Webcast
Small Business Webcast is a great place for people to come for free continuing education on several elements important to small business. Its mission is to promote the health and wealth of small business. One of the excellent resources the site has to offer is its recorded webcasts on a variety of
Accrual vs. Cash Method of Accounting
There are two accepted methods of accounting for federal tax purposes - Accrual and Cash. The main difference between these two methods is the timing of transactions. As a small business owner you need to be aware of the differences, the advantages and the disadvantages of each
Starting A New Business – A Checklist
Are you looking to start your own business? Below is a quick checklist of things you will need to do when starting your own small business. This is a starting point as there may be other steps required for the business type you select. 1. Apply for your Employer Identification Number (EIN) with