Get a Jump on 2022 with a September Tax Review
September is a great opportunity to sit down and examine your tax situation for the end of the year. Discover how an early tax review can help minimize your tax liability and prevent unexpected blows to your checkbook at the end of the year.
Guerilla Marketing in an Uncertain Economy
Guerilla marketing is the concept of using creative, attention-grabbing methods to reach potential customers without a big cash outlay – perfect for upping your marketing game in an uncertain economy.
5 Tips for a Better Chart of Accounts
The Chart of Accounts (COA) is the foundation of financial reporting, as every aspect of your financial reporting is directly or indirectly sourced from your COA. An organized, logical COA can be drawn on to both combine and parse a business’s financial records for management and other stakeholders.
In many businesses, however, the COA is far from optimized. It can be too simple and therefore unable to detail what is really going on “under the hood.” Or it can be too complex and hard to pull together in any meaningful way. Or it may have lost its effectiveness over time, as new codes were haphazardly added without regard to the overall logic of the original design.
A new or revamped COA can immediately improve your management insights and drive your business to new levels. Here are five tips for designing or redesigning your COA.
How Standardized Dashboards Promote Coaching Within Your Franchise
The ideal candidate to run a franchise location doesn’t necessarily have to obtain a strong financial acumen. We often see franchise advertisements focused on a strong sales, industry and management experience. However, the heart of soul of any profitable business still remains to be the financials. Our mission is to provide franchise organizations with easy, […]
PPP & EIDL Forgiveness Update
This year PPP and EIDL loans provided many businesses with some breathing room and the ability to start over. Now the opportunity for loan forgiveness may provide additional relief, but you must ask for it. Here are some key tips to keep in mind: Currently, the process is to begin by working with your lending […]
10 Terrifying Business Tasks
All business owners have some tasks they would rather put off. Some tasks are tedious, boring, overly time consuming…and then there are some tasks that are downright terrifying. At BKE we are here to help. That is why we are breaking down four of the most terrifying tasks business owners are faced with, and some ways to move past them.
5 Tips for Managing Your Painting Business
At BKE, we know how much dedication and skill goes into running a painting business. In addition to all of that, there are all the tasks and responsibilities that come with managing a successful business. Over the years, we have discovered some tips that may make the business of running a business a little easier. […]
Why Standardization Matters
At BKE we are constantly focused on ways to make franchisors and franchisees more productive and successful. One of the biggest issues we have seen over the years is varying methods and metrics in franchisee bookkeeping.
Funding Resources for Small Business & Franchises
We at BKE are aware of the impact the events of 2020 have had on the cash flow of many small businesses and franchises. As we work to adapt our business models to the new environment, sustainability has become a key concern for many.
While resources are constantly changing, we want to make sure you stay aware of some potential funding sources
Update: The EZ Version of the PPP Loan Forgiveness Application
Last week, the U.S. Small Business Administration, in consultation with the Department of the Treasury, released an updated PPP loan forgiveness application.