virtual accounting

The Benefits Of Business Ownership

On April 14th, 2016, posted in: Accounting by 0 Comment

There are myriad benefits to being an entrepreneur: you make your own success, you create your own schedule, you are your own boss, and the sky is the limit when it comes to your income. Here is some advice we’ve gleaned from the entrepreneurs who utilize our virtual accounting services when it comes to starting..

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Smart Tax Moves For Entrepreneurs

On April 7th, 2016, posted in: Accounting by 0 Comment

The U.S. Small Business Administration estimates that entrepreneurs “collectively face an average tax rate of 19.8%.” That is not small change for a small business owner. It’s too late to change your business model to save money on your 2015 taxes, but you can implement changes that could reduce your effective tax obligation in 2016...

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The Three Most Common Budgeting Errors

On March 24th, 2016, posted in: Accounting by 0 Comment

Small business owners have so much on their plates that they sometimes don’t pay enough attention to their business’s bookkeeping. That can lead to a myriad of issues down the line. We work with many small to medium-sized businesses to help them put accounting controls and best practices in place and to provide accurate information..

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Foster Good Business Team Communication

On March 17th, 2016, posted in: Marketing, Productivity by 0 Comment

Whether you run a business with a virtual team like I do with my virtual accounting business or have a brick and mortar location, communication is key to a healthy workplace environment. As an entrepreneur who has virtual staff, I am cognizant of the need for effective communication, especially as the team typically “talks” via..

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The Importance Of Internal Accounting Controls

On March 3rd, 2016, posted in: Accounting, Security, Training by 0 Comment

If you are a business owner with fewer than 100 employees you may be more vulnerable to internal theft than a larger organization. The reason for this is not as many small business owners have the internal accounting controls in place like larger organizations do. As a small business owner you need to put some..

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‘Rules’ Solopreneurs Should Live By

On February 25th, 2016, posted in: Accounting, Marketing by 0 Comment

There is no one-size-fits-all when it comes to the “rules” of running a business. There are, however some tried and true methods that entrepreneurs who have gone before you have found helpful in growing their businesses. What can you do to be a successful solopreneur? Here are a few tips: Understand what you want your..

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Preparing To File Your 2015 Taxes

On February 18th, 2016, posted in: Accounting by 0 Comment

The tax filing deadline may have been extended this year (to April 18, 2016) but those additional days don’t mean you want to put off tax filing until the last minute. Here are some items you need to be aware of when preparing to file your 2015 business tax return: Accountants are extremely busy this..

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Grow Up!

On February 16th, 2016, posted in: BIZ-TIP by 1 Comment

Life happens and sometimes you just have to deal with it. We’ve all had things happen that we didn’t plan would, we didn’t want or we didn’t expect. Maybe you lost a big client or contract, had a key employee leave or suffered a health setback. How do you deal with it? Learn the lesson;..

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Tips For Running Multiple Businesses

On February 11th, 2016, posted in: Accounting, Marketing by 0 Comment

If you’re a serial entrepreneur, you’ve come up with great ideas and started multiple businesses. They may be similar or vastly different. You are an idea person! You come up with great ideas for products or services that will make this world a better place. The one thing all successful serial entrepreneurs understand is that..

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Choose A Business Micro Niche

On December 10th, 2015, posted in: Accounting, Marketing by 0 Comment

It’s been said more businesses are started during a down economy and while that may be true, many businesses that are started as a “whim” are those likely destined to failure. The reason is that you can’t simply create a business without having a focus and even a niche. (A two-year bankroll helps, too!) For..

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