One of the most important decisions you will ever make for your business is whether or not to incorporate. If you are thinking about incorporating your business as a limited-liability corporation (LLC), there are a few things you should know before making a commitment. LLCs are increasingly popular options for business owners and offer a wide range of benefits, but they also have a registration process and tax requirements which differ from traditional corporations. Nevada is one of the most popular states to register LLCs, but it has its own set of regulations you’ll have to learn if you want to incorporate within it. [Read more…]
Bookkeeping is a fact of life if you’re a business owner, as you’ll need an efficient way to keep track of each transaction, from a sale to the amount you’re owed by a particular supplier. A legible record of your business’s financial history can help you keep an eye on your bottom line and can also make life much easier if your business is audited by the IRS. However, there’s more than one method of bookkeeping, and each has its own set of advantages to consider. Choosing the right method for your business can save you time and effort when you want a quick overview of your business’s financial health.
Have you been struggling with how you do bookkeeping in your small business? Does it seem like you can never make a dent on the financial administrative side or that you can never get organized enough to make headway? This article is about getting your head in the game with your business in mind. [Read more…]
You’ve been doing the finances of your business for far too long, and you recognize that it is costing you time and, in effect, money. If you’ve been considering having a professional take over, you may be wondering exactly what the difference is between accounting services vs. bookkeeping services. [Read more…]
A lot if you try to do it yourself.
So many businesses think that bookkeeping, accounting or tax services are expensive. This leads many to think they can do it themselves. Add in the fact that there are numerous desktop and online solutions for these services that are constantly promoted and the illusion that this is a do-it-yourself task is increased. And, yet, those also cost money which can influence one to just avoid it all together. [Read more…]