Accounting Reports: What is a Balance Sheet?
Keeping accurate and up-to-date accounting records is a critical part of being a business owner. Your books hold a wealth of information about the financial state of your business that you can use to make savvy decisions. Accounting reports take the data stored in your books and present it in an easy-to-understand format. There are […]
Should You Hire a W-2 Employee or 1099 Contractor?
As your business grows, you’re going to need to hire good people to help out. But before you hire anyone, you’ll need to figure out what exactly their responsibilities will be, how long you’ll need to employ them, and what you can afford to pay them. If you need to build a staff to help […]
Accounting Reports: What is an Income Statement?
Keeping detailed accounting records for your business is important for many different reasons. For one, your books hold a wealth of information about the financial state of your business. You can learn a lot about your operations and make smart decisions by looking at the right data. Accounting reports provide an overview of important financial […]
Are You Ready to Expand Your Business?
When business is going well, expansion is the logical next step. You can increase revenue and grow your brand by opening additional locations. But expansion can also be risky. There is no guarantee your new location will be as successful as the original. And it can put a hamper on your entire business if it […]
The Work Opportunity Tax Credit (WOTC): What to Know
Being a business owner often means you’re in a position to give back to your community. One of the best ways to help out is to hire disadvantaged people in need of a steady job. By doing so, your good deed can be rewarded with a tax credit. The Work Opportunity Tax Credit (WOTC) is […]
How to Manage Your Business’s Online Reviews
Small businesses today need to consider how they’re represented on online review sites. Potential customers are increasingly consulting Yelp, Facebook, Google Reviews, Angie’s List, and many other sites when choosing where to spend their money. Many small business owners get frustrated with these sites but they can actually be a great way to market your […]
How to Deduct the Cost of a Business Party
Successful businesses are mostly “all work and no play” but every once in awhile there is reason to throw a party. Maybe you want to celebrate the contribution of your employees on a holiday or when a milestone is reached. Or perhaps you want to thank your customers and entice prospects by hosting a gathering […]
Go Paperless and Store Your Documents in the Cloud
At BookKeeping Express (BKE), we encourage our clients to reduce the amount of paper they use in their business. Not only does it help in their efforts to run an environmentally-sustainable business – it also makes it easier for them to manage back-office responsibilities and collaborate with their bookkeeper since documents are readily available in […]
6 Trends in Employee Management and Payroll
Extra time is a scarce resource when you’re a business owner. Managing all your day-to-day responsibilities keeps you plenty occupied, leaving little time to keep up with the latest developments in business management and technology. But it’s vital to think about the big picture and consider new ways to make your business run more efficiently. […]
SBA Loans: The Best Bet to Fund Your Small Business
This blog post was contributed by our friends at SmartBiz Are you a small business owner in need of funds to grow your business? If so, an SBA loan is often a good fit for qualified entrepreneurs. Here are six reasons you should explore an SBA loan to help your business flourish. Funds fuel growth […]