Tag: small business accounting

You’re always a little uncertain when it comes to cash. Can you hire a new employee? Purchase that new technology? Every time you hit that “submit” button on payroll, you’re nervous- will your bank account be able to handle it? Your understanding of your cash situation is foggy. Here’s the deal, you need to establish a weekly cash flow sync up.

Today is client onboarding day. These are the days accountants take the reins from their account management team and meet their clients for the first time. Client onboarding days start with a lot of research into the company and what they do, preparation, and quite a few meetings to discuss its needs, priorities, and expectations of the accountants.

Most small business and startup owners aren’t familiar with the various accounting principles they should be following. Being aware of these simple-to-avoid mistakes can prevent lots of headaches in the future. Here is a list of common accounting problems you can avoid, from separating your personal and business accounts to recruiting professionals.