Collection agencies help businesses secure payments from late-paying customers. If you are struggling with your collections, you might want to hire a collection agency.
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Accounting Articles
Accounting Tips, Training, and News
What Is Business Collateral?
August 17, 2026If you’re a small business owner, you might want a loan to help finance your company. Securing a business loan is not easy. You might need to offer collateral to get the loan application approved. What is business collateral?
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What Is a Chart of Accounts?
August 17, 2026You know what they say, “For every minute spent organizing, an hour is earned.” And when it comes to accounting, taking time to get organized can save you a number of hours later … not to mention, money. That’s why you need your trusted organizational accounting tool, aka your chart of accounts (COA). What is […]
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8 Fast Facts to Make Giving Charitable Donations a Smooth Process
August 17, 2026Do you enjoy contributing to your favorite nonprofit organizations? If your business makes charitable donations, you’re automatically eligible for the joy of giving. And, you may qualify for a tax deduction.
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What Is a CPA? | Overview
August 17, 2026If you are in business, you have likely considered using an accountant or a CPA to handle certain aspects of your business finances. But did you know that not every accountant becomes a CPA?
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Following the Money: What Is Cash Flow?
August 17, 2026As a small business owner, there’s no better way to understand the health of your business than through your cash flow. But, what is cash flow? Cash flow is the money that moves in and out of your business. Your cash flow either keeps your business afloat or can cause it to sink. Read on […]
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What Is a Corporation?
August 17, 2026One of your first decisions as a small business owner is choosing between business structures. Your structure dictates many vital aspects of your company, including liability. To protect your personal assets from business liabilities, you may consider structuring as a corporation.
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What Are Bylaws, and How Do They Impact Your Organization?
August 17, 2026When you create a business, there are a number of different requirements you have to keep track of. And if you form a corporation, you will have a couple of other responsibilities added to your plate, like establishing bylaws. So, what are bylaws?
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How to Create a Business Budget: From Planning to Profit
August 17, 2026People are budgeting more than ever, 86% of Americans, to be exact. And they’re budgeting for a good reason. Eighty-five percent of people said budgeting helped them get out or stay out of debt. Whether you’re a budgeter in your personal life or not, one thing’s for certain: Budgeting for your business is a must.
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What Is the Break-even Point?
August 17, 2026Do you want your business to make a profit? Duh, of course you do! But when you’re starting out, it may take a few years before you enter profit territory. And after you start making a profit, you may be at the break-even point for a while. So, what is the break-even point?
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