Accepting online payments and multiple forms of payment is the norm for most small businesses today. The few businesses that don’t accept multiple forms of payment are no doubt missing out on additional sales and revenue. We already know that people want to pay for goods and services that offer convenience and value, but it’s…

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Accountants and other tax professionals can be worth their weight in gold during tax time, especially when it comes to legal and compliance issues. With the Income Tax Act numbering more than 3,000 pages, the amount of information often proves too much for the average business owner to stay on top of on their own.…

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Even if you’re the sole owner and worker in your business, you need back office operations. Tasks such as payments, receivables, payroll and inventory management may not be seen by your customers, but they are crucial to keeping your organization’s heart beating. If no one’s around to handle these tasks, operations can fall apart and…

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Cash flow is important to the success and growth of any business – and QuickBooks® recognizes how important getting paid and managing the payments process is for small businesses. As a continuation of “The State of Small Business Cash Flow” report released earlier this year, we are further exploring the State of Payments among small…

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There are many things a small business owner must focus on including keeping track of the company finances. This article from business.com highlights many of the challenges about keeping the books and how to best overcome them. Please enjoy the article and email me at scott@qbscott.com with any questions you have. Source: business.com | Re-Post…

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Small businesses are always looking for ways to save money. One way is to do the accounting work themselves. There are a number of different software packages out there that can meet a small business owner’s needs. This article from The Balance Small Business discusses 6 advantages of using small business accounting software to help…

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Some business owners love going over their books. That way they can see how well the business is doing. Others do not like dealing with the numbers and can get more caught up in the day to day business operations. In doing so, they may neglect their bookkeeping. Whether they love it or hate it,…

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Accounting errors happen from time to time and many can be avoided if you plan properly. Part of planning is knowing which errors are most common and what to do to avoid making them. This article from The Balance Small Business talks about 8 of the most common mistakes that business owners make that will…

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