For many small business owners, one of the perks of having your own company is the opportunity to contribute to causes in which you believe. Charitable giving has many benefits including tax deductions, marketing opportunities, and employee engagement. To make the most of your charitable giving, make sure to follow these guidelines.
Good Bookkeeping and How to Recognize It
Whether you’re looking for a new bookkeeper or reevaluating your existing one, you need to know what characteristics to look for to determine the quality and longevity of the potential partnership. What constitutes good bookkeeping? Is it defined by the number of years of experience, or saying “yes” to everything you ask? Or is it more than that? Knowing how to recognize good bookkeeping allows you to set certain expectations and hold your bookkeeper accountable. It also prepares you to make better decisions when choosing what kind of bookkeeper you want to partner with.
Here are five essential qualities to look for in a good bookkeeper:
How to Set a Budget for Your Small Business
You’d be hard pressed to find a profitable business owner who doesn’t set a budget for their business. It’s a vital part of creating a road map for success and an easy way to stay on track financially throughout the year.
Learning how to set a budget for your small business early on can align financial expectations with outcomes, which leaves you in a more confident state to run your business. You can learn how to operate leaner by understanding where excessive or unnecessary spending can be reduced, and start profiting faster.
What is a small business budget?
The Lighter Side of Bookkeeping: 5 Fun Facts You Probably Never Knew
Think bookkeeping is all work and no play? It’s true that accounting doesn’t always make the biggest splash when it comes to exciting careers, but you might just find yourself delightfully surprised by the rather unexpected side of this industry.
Here are 5 fun facts to keep you entertained the next time you sit down to tackle your own small business bookkeeping.