Monthly Blog

When you decide to open a new business, you may not think it is important to create a separation between yourself and the business. Although that may seem easier to start with, longterm, it can actually hinder you, and even be damaging to your personal life. There are many reasons to separate your business and personal finances and it does not have to be difficult to do! Why it’s Crucial to Separate Your Finances Separating your business financials from personal has one

A little under half of businesses have never worked with an accountant and have no plans to! On the other hand, in the same study, those who have worked with an accountant, just under 75% of them are very satisfied with their accountant. If a large majority of businesses are happy with their accountant, why are there so many businesses without them? As an accountant, it’s crucial to figure out what these businesses need & help show them why your work is beneficial to them. So

When it comes to the world of accounting, some of the most common reports include the profit and loss report and the balance sheet. Whether you are working with someone or trying to figure out your finances on your own, knowing all about these reports can be beneficial to improving your finances. What is a P/L and Balance Sheet Report? A profit and loss (P/L) report can capture how much money you’re making (or losing) within a certain time period. (A month, quarterly, a year,

In last month’s blog, we covered the benefits of having an accountant and what the difference is between CPAs, accountants, and bookkeepers. Now the question is “Where do I even start when looking for the right accountant?” Everything in the accounting realm can be confusing at first or it may simply take up too much of your time. Gaining an understanding of basic terms in accounting may help you feel more secure in your business and even help you find the right accountant. F

Accountants, CPAs, and bookkeepers- We’re sure that you hear these words all the time. In the world of accounting, these titles are often bounced around and sometimes interchangeably. Even though they all do many of the same tasks, they are different and it’s important to know their differences. Accountants, CPAs, and Bookkeepers - What’s the difference? Let’s start with bookkeepers. Bookkeepers are usually the basis for accounting in business. There is no formal training req

There are a million types of insurance out there. From medical to auto to renter’s, it seems like we are always shopping for insurance. Just like any other important insurance, business insurance is crucial to take care of your business. Why insurance is important & Tips to pick the right insurance Business insurance is extremely important because it protects the business from having to pay out-of-pocket for expensive damages via property damage or legal claims. Most insuranc

As January approaches, end of the year financials are rolling out and tax season is closer than ever. This is the time of year accountants and CPAs are talked about again and again. CPAs can be very rumernative to your business and help with long-term success. What is a CPA? A CPA is Certified Public Accountant. All CPAs are accountants but not all accountants are CPAs. This is because becoming a CPA requires a license. (This license is achieved with a bachelor’s degree with