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Start. Stop. Continue. (An approach to advising)

What are you doing well and what do you want to change? That’s really what it boils down to, as simple as it gets.

When to outsource?

You started your business. The wheels are starting to pick up speed. All of a sudden, roadblock. You need to hire someone. Or you need to start marketing to keep the sales coming in. Or maybe you’re too busy doing the work in front of you to even start thinking about what comes next. Outsourcing some of your duties can help clear some time so you can focus on what you need to do.

Do I need hosting?

The short answer is no.

QB UAC

You know how sometimes you launch QuickBooks and get prompted with that window asking for admin credentials? I chased this for years, looking into permissions, services, hosting settings… I can go on. However, it turns out the solution was super simple. A bit ironic now that QB is getting rid of desktop products, but we still have a couple of years left of that.

Let's talk QuickBooks

The short of it is this: Intuit has been pushing hard for a few years now toward QuickBooks Online (QBO). They have also discontinued most desktop products. You can still get QuickBooks Enterprise, but even that is expected to go away sooner rather than later. There are alternatives to QBO, but it is an industry titan for a lot of reasons. It has its quirks for sure, but I typically recommend QBO for 3 main reasons:

Timely Business Tax Filing

Timely Business Tax Filing

 

Deductible vs. Non-deductible Business Expenses

Deductible vs. Non-deductible Business Expenses

 

Accounting Basics for Small Businesses

 

5 Things You Can Do to Help Your Business Survive the Recession

5 Things You Can Do to Help Your Business Survive the Recession

As a business owner, it is important to be aware of the challenges that come with running a company during a recession. The recession can be a difficult time for businesses of all sizes, so it is important to take steps to help your business survive. 

What are Accounts Payable?

What are Accounts Payable?

Accounts payable is the money owed by a business to its suppliers. This debt arises when a company purchases goods or services on credit from another business. Accounts payable are typically recorded in a ledger and tracked as an expense for accounting purposes. This means that any payments made to reduce the amount of money owed will be reflected in a company's financial statements. 

Read our tax and accounting blog to stay in-tune with current business trends, tax news and industry updates.

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