Common Accounting Terms Explained

Common Accounting Terms Explained

Have you ever felt so confused after speaking with your accountant? If so, don’t fret! We’ve compiled different accounting terms and abbreviations along with their meanings. However, while this would do great for a business owner, it’s for anyone interested in...
How To Check Up on Your Bookkeeper

How To Check Up on Your Bookkeeper

Bookkeeping is an essential part of a business. Unfortunately, many business owners tend to overlook it either due to carelessness or over-delegation of financial responsibilities. When the latter is the case, the individual(s) are in total control of the finances....
COMMON BOOKKEEPING MISTAKES

COMMON BOOKKEEPING MISTAKES

Data from the United States Small Business Administration show that about 50% of every new small business in the United States will fail within the first 5 years. So why do small businesses fail? Bad financial management. Good financial management begins with knowing...

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