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How to Create a Financial Plan for Your Small Business (Plus Tips for Planning and Growth)

Starting and running a prosperous small business requires careful financial planning. That's where a small business financial plan comes in: With one in your toolbox, you'll be better equipped to...

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8 Tax Savings Hacks Small Business Owners Often Miss

Small businesses often run on tight margins. You’ll need to pay self-employment, plus federal and state taxes on any profit you make. If you own a limited liability company (LLC), there are several...

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What Are Financial Ratios? Top Financial Ratios Every Business Owner Should Know About.

As a small business owner without an accounting background, your eyes may glaze over when you see the term financial ratio. What are financial ratios? Don't fret; financial ratios use your company's...

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5 Non-Negotiable Considerations in Finding the Right Accountant for Your Small Business

You've got a thriving small business on your hands. You're providing a service to your consumers, and they're thanking you with the one thing that every business needs to succeed — revenue. Your...

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5 Biggest Challenges of Ecommerce Accounting to Overcome Fast

Strong accounting and finances will significantly increase the success of your ecommerce business. Understanding what customers want, finding the right products and getting them to customers are all...

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17 Business Budgeting Apps for Your Small Business in 2023

"Budgeting" is a word that strikes fear into the hearts of many business owners, but financial gurus and experienced entrepreneurs agree that budgeting is often the key to business success.

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Does Your Small Business Need an Accounting Software or Accounting Services? + 5 Best Accounting Services for All Business Types

As businesses grow, their financial requirements increase — and with that come challenges that are often too great for the likes of a basic financial ledger. When this occurs in your business, there...

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How to DIY Small Business Accounting for Startups

There are numerous engaging and fulfilling tasks that a new small business owner must take on in pursuit of their dream, but for most, accounting — unless you're an accountant, of course — just isn't...

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How to Make Budgeting for Your Small Business Easier

We know that small business budgeting can be a hassle when running your own company, especially if you aren’t from an accounting background. Managing cash flow, forecasting your expenses and running...

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No Hassle Year-End Accounting Tips: Closing 2021 the Easy Way

It’s that time of year again — the time for holiday cheer or, if you’re a small business owner, the time for end-of-year bookkeeping.