Most small businesses own fixed assets, which include items like land, buildings, equipment, and automobiles. The investments of adding, replacing, or improving upon fixed assets is called capital expenditures (capex). It seems like there is never enough money for all the capital expenditures that need to be
Read more →As a business owner, you have dozens of decisions to make at any one time. One of the most important decisions to make is choosing what type of entity your business will be. While you already made this decision when you started your business, your situation could
Read more →In our previous articles, we’ve focused on the basic data capture, expense reporting, and payroll applications. Our thought was that managing the expense reporting process would be difficult for the business owner simply because someone was traveling and there is a greater opportunity to lose a single
Read more →Our last article focused on payroll applications and making sure our employees are paid correctly and on-time. Our focus in this article is making sure we have all travel expenses captured correctly and to provide reimbursement in a timely and correct manner as well. Keeping track of
Read more →For businesses with employees, getting the paychecks correct and on time is crucial. That’s why applications that integrate with your accounting software for payroll make things easier for you and save time along the way. No need to have time clocks for employees to clock-in or out
Read more →In or last article, we highlighted the importance of business efficiency. We identified several choices for you depending upon your business needs and provided you critical questions to make a business decision about your accounting needs. Our focus in this article is identifying the critical area related
Read more →The National Small Business Association in its 2017 Small Business Taxation Survey, discovered that of the 950 small businesses surveyed, 33% (313 companies), spend more than 1,393.6 hours each year on federal taxes related to payroll, self-employment or other business-related taxes, filing reports, working with accountants, etc.
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