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How Too Much Profitability Can Hurt Your Business

Oct 30, 2018 11:12:00 AM / by Lee Goudzwaard-Vaught posted in accounting, small business, bookkeeping, taxes, monthly accounting, small business accounting, small business advice

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You’ve grown your business, take pride in a satisfied customer base, and have increased profitability year after year -- what’s the problem with that? As the poet Biggie Smalls once so eloquently rapped, “Mo money, mo problems.” While it’s obviously the goal to succeed as a business - and profitability is part of that equation - here’s how too much profitability can hurt your business -- and where you can get the help you need.

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5 Bookkeeping Tips For Small Businesses

Aug 25, 2016 8:23:02 AM / by Brian Paulson posted in bookkeeping, small business

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Accounting can be one of the toughest activities for small business owners, especially for those who don’t have a background in bookkeeping. Following a few simple bookkeeping tips throughout the year, however, can make it much easier to track expenses and file taxes when the time comes.

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Did Your Small Business File for an Extension This Year?

Apr 19, 2016 8:44:00 AM / by Burt Monroe posted in monthly accounting, taxes, payroll, bookkeeping

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Depending on the health of your business, the decision to file for a tax extension this year may have been for good reason. You may have experienced unexpected growth that led to more complex tax obligations, or you realized you’re just too busy working on your business at this point in the season to accurately process the required forms. These are valid reasons to file for an extension and a good indication you’re ready for professional accounting services moving forward.

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