Why Proper Accounting is Key for a Thriving Health and Wellness Business
Why Proper Accounting is Key for a Thriving Health and Wellness Business Alright, let’s talk accounting. I know, it’s not everyone’s favorite topic, but if you’re serious about growing your health and wellness business, proper accounting can’t be ignored. Think of it as the lifeline that keeps your company on the path to growth. Whether […]
What Is A Reasonable Amount of Compensation?
What is a Reasonable Amount of Compensation? When we talk about employment, business transactions, or even legal matters, the question of what a reasonable amount of compensation looks like comes up quite often. This idea can vary widely based on context, industry standards, and individual circumstances. There are several factors we use that help us […]
How to Pay Yourself as an Independent Contractor
It’s time to take control of your rates and manage your finances for success.
Cloud Based Accounting: How Does It Benefit Small Business Owners?
How Does Cloud Accounting Benefit Small Businesses? As a small business owner, I’m sure you’re tired of searching for ways to enhance efficiency, reduce overheads costs, and improve your businesses operations. One of the most transformative tools available to you is cloud accounting! This approach to financial management offers you numerous advantages that can significantly […]
Tax Planning VS Tax Preparation
What is Tax Planning and Tax Preparation? As a business owner you’ve probably heard these terms before, but do you understand the differences between them? Both tax planning and preparation play significant roles to ensure you meet your tax obligations while minimizing your businesses liabilities. Here we’ll dive into the definitions of tax planning and […]
Accounting VS Bookkeeping: What’s the difference?
Recognizing the unique contribution both accounting and bookkeeping bring your business will allow you to not only maintain compliance but to also thrive financially through informed decision-making!