In the dynamic day-to-day of entrepreneurship, bookkeeping can be the stabilizing force that keeps your business running smoothly. It's not always the topic that sparks the most excitement, but it's undeniably critical for business success. Let’s take a closer look at what bookkeeping is,...
Federal and state agencies, plus some privately owned companies, offer grants to help entrepreneurs cover various costs associated with starting and running a business and those who need relief due to the COVID-19 pandemic. While researching and applying takes some legwork, the reward of securing...
Striking out on your own and starting a small business is exciting, but it can also be intimidating – especially when you need capital and aren’t sure how to obtain it. A small business loan can help you finance your dream of entrepreneurship and...
When you run a small business, you have so many tiny details to juggle that it’s easy to lose sight of the big picture. Amid all your other responsibilities, expense tracking is worth your time because it can help you analyze your business’ financial...
If you’ve ever imagined yourself having the freedom to set your schedule and work on your terms, now might be an ideal time to start a small business at home. One silver lining of the COVID-19 pandemic is that it’s motivated more people to...
The tax season is a stressful time for anyone involved with taxes. However, for accountants, it can be an overwhelming time. The workload avalanche, coupled with the time constrictions, can lead to burnout. It isn’t surprising to find that 82% of accountants experience it....
If your small business staff includes hired employees, your financial responsibilities will include adjusting their paychecks for income tax withholding. In Arizona, there are multiple options for state withholding percentages, and as with most tax laws, things can get complicated. The purpose of this...
Running a small business successfully requires that you know where you stand financially at any point in time. You need to have solid projections for future expenses and income, and you need a clear picture of how much available cash you have on hand....
When you run a small business, you are probably doing most of the work yourself. That includes the administrative work of keeping track of invoices, payments, and other financial transactions. Online accounting software, such as QuickBooks, can help reduce some of the stress involved...
Starting a small business involves a number of steps. One of those is determining the legal structure of your business. Even if you have been operating your business for a while as a sole proprietorship, you may decide you want a different structure as...
