Passive income is the dream. It's a great feeling to know you're generating income in your sleep. For some, it's why they get into the stock market, website development and real estate. And in today's economy, there's no better time to start. There are various reasons why you might be looking for
The Ideal Small Business Budget Breakdown
A budget breakdown is one of the most crucial segments of a business plan. It is a skill that every small business owner needs to stay informed on the sales cost, reinvestment budget, and to know when you are financially ready to bring in employees into your business. Setting a budget also enhances
What is Mark to Market Accounting?
If you owns a small business, then you're most likely always pushing the limits for further profits and opportunities within your company. If that is the case, then learning this concept could very well lift your business to greater financial heights. Imagine having a method to reliably account for
Maintaining Objectivity As A CPA
CPAs and companies both want the same thing, to have accurate, detailed, and fast bookkeeping and accounting. This way, both parties maintain a "clean" slate. A clean slate in CPA terminology means a complete accounting record for every transaction and decision made. Many accounting firms strive to
Different Types Of Loans To Seek Out For Your Startup
Loans for a business startup are designed to provide the necessary funds to start a business. Because of the direct nature of helping a business get off the ground, the funds can be used for a number of business related functions such as inventory, supplies, equipment, and the building space itself.
Rapidly Growing Startups Need An Accountant
Although there's plenty of startups that fall apart, are bought out, or merge with an existing company, there are also those that succeed. And make no mistake, success and growth (especially during a pandemic) are good problems to have. However, you don't want grow rapidly and wind up spreading
Why Are Taxes So Complicated?
In a number of industries, language serves as the barrier of entry. If you study law, then codes, laws, and court cases become second-nature. If you join the military, your concept of the alphabet can change over the course of boot camp. And even if you just jump into a startup, there's undoubtedly
Let Your Accountant Be Your Business Consultant
If you want to grow your business, chances are you'll want a business consultant's opinion and advice. To a certain extent, every entrepreneur sets out to run their own business to be their own boss and do things their own way. However, it's useful to have a knowledgeable third-party objectively