Accountants and bookkeepers are not the same thing! Read below. It’s very common for new business owners to confuse the difference between an accountant and a bookkeeper. In fact, many people use “accountant” and “bookkeeper” interchangeably, even though they actually...
Get out your calculator and start setting some revenue goals. If you’re a business owner, you likely have some revenue goals. (If you don’t, keep reading. We’ll help!) But what if you fail to meet them? It could be the market, sure, but it could also be because you...
How much is one customer worth? Is it $500, $5,000, $50,000? Calculating your CLV—or Customer Lifetime Value—is essential if you want to maximize your profits and make more money. I tell my clients often: the most important thing you can do for your income is to...
Get to know your trifecta of financial services: bookkeeping, accounting and financial planning—and find out why you need all three. In your financial life, there is a trifecta of financial services. It has checks and balances involved in it that are really important...
You’ve got an important tax deadline coming up! What: First Quarter Estimated Taxes When: January 15th Why: If you own a business, you are required to pay estimated taxes quarterly. Confused? Read more about estimated taxes...
There is a big ol’ tax deadline just looming around the corner. And it’s one that you need to prepare for a little bit. It’s the 1099 deadline. Proper W9 preparation requires complete 1099’s from your subcontractors. Never heard of a 1099?...