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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 monthly accounting, taxes, small business, bookkeeping, accounting, small business advice, small business accounting

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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 New Year's Resolutions for Your Small Business

Dec 28, 2017 8:48:00 AM / by Lee Goudzwaard-Vaught posted in taxes, small business accounting

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2018 is almost here, and it’s time to make new year’s resolutions. In addition to your personal resolutions, it’s a great time to set smart goals for your professional life too.

Looking for inspiration? Here are five of our favorite small business resolutions for 2018.

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Best Accounting Advice of 2017

Dec 21, 2017 9:00:00 AM / by Lee Goudzwaard-Vaught posted in taxes, small business accounting

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3 Factors to Consider in Your 2018 Budget

Dec 15, 2017 8:41:05 AM / by Lee Goudzwaard-Vaught posted in taxes, small business accounting

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It’s almost the new year. Before the holidays hit, make sure you’re ready for it by setting your budget for 2018.

Wondering where to start? These tips will help you set up a budget that meets your needs and will put you on track towards profit and growth.

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How to Close Your Books (the Right Way)

Dec 7, 2017 8:31:46 AM / by Lee Goudzwaard-Vaught posted in taxes, small business accounting

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At minimum, you’re probably closing out your books once a year. Closing out your books is a necessary part of preparing to file your taxes, and it’s important to close out your books at the end of each year so that transactions are recorded in the right place.

However, most businesses close out their books every month. If you’re thinking about making the switch, here are three advantages of a monthly routine.

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