When it comes to running a business, you need to be savvy with your money to succeed. And, part of being financially smart includes making decisions about leasing or buying equipment. But, which is a better choice for your business? Get the rundown on leasing vs. buying equipment, including what to consider when it comes […]
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6 Business Estimate Facts in a 6-Minute Read
July 1, 2021Want to let your customers know approximately how much a project’s going to cost them? If so, you need to know the ins and outs of creating a business estimate.
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Can’t See Into the Future? Don’t Be Surprised If You Have a Variance in Accounting
June 1, 2021Forecasting how much you’re going to spend and receive is a key part of running a business. But, rarely do predictions match actual income and expenses. More than likely, you’ll experience a variance in accounting at some point.
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How Does Accounting Information Help in Decision Making? The Employer’s Guide
May 25, 2021Financial reports and accounting information may seem time-consuming or confusing. But, that data is an essential part of running a business, especially when you need to make big decisions. Do you need to take out a loan? Can you afford to give raises to your employees? What about buying new equipment? All of these questions […]
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13 Accounting Periods … What’s the Deal?
May 4, 2021As a business owner, a big part of your job is handling accounting tasks. Part of your accounting responsibilities is looking at accounting periods and analyzing reports and other financial information. Many businesses use monthly accounting periods. However, some companies may opt to take advantage of 13 accounting periods instead. So, what is this 13th […]
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Increase Efficiency With a Routine Supplier Evaluation
April 8, 2021As a business owner, you likely evaluate your employees’ performance from time to time. But, your employees aren’t the only ones you should be assessing. If you have suppliers you go to for inventory and materials, you need to evaluate their performance, too. To learn more about supplier evaluation and how to evaluate a supplier, […]
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5 Budget Challenges and How to Tackle Them
March 25, 2021As a business owner, there are two important things you want to keep: time and money. That’s why you need to create a budget and stick to it. But, budget challenges are common and can pop up throughout the year.
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What Are the Differences Between Mergers vs. Acquisitions?
February 25, 2021Company ABC is now part of Company XYZ! Pop quiz … is this an example of a merger or acquisition? Understanding mergers vs. acquisitions may be a key part of your business’s exit, expense-cutting, or profit-boosting strategy.
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Do I Need an Accountant for My Business? Get Your Answer Here
February 18, 2021As a business owner, you’re used to wearing a million hats and doing things yourself. But sometimes, you need a helping hand. Some tasks, like accounting, can be time-consuming and downright stressful, especially if you’re not an expert. If you’re struggling to manage your own books, hiring an accountant may be a good fit for […]
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Thinking About Accepting Payments Online? Here Are Your Options
February 16, 2021Nowadays, everything is online. From reviews to social media to shopping, it’s no secret that the online world is taking over. In fact, U.S. e-commerce grew by 44% in 2020. With the online market growing bigger every day, you may be thinking, It’s time to start accepting payments online for my business. If you’re in […]
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