Accounting Tips

There is no doubt that accounting is the backbone of a business. Establishing an effective accounting setup to accelerate and maintain substantial growth is important. The following steps were carefully created with you in mind to give you and your business the key to success. The following should be seriously considered to start your business […]

Business Expenses Tracking and Record Keeping: Bookkeepers are necessary for businesses, even though many do not deem them necessary. First, let’s establish the difference between a bookkeeper and an accountant. Bookkeepers- Bookkeepers record the business transactions, including inflow and outflow for daily activities. A bookkeeper categorizes and reconciles your bank statement transactions. Accountants- An accountant

Business Owner(s) Payment– Evaluate your title, experience and education and value your presence in the business. Determine what you are worth, your needs and wants, how much you can pay yourself presently, and how much you would like to earn in the future. Once you have determined the above factors, decide your method of payment