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It’s estimated that around 45% of small businesses fail within five years, according to Investopedia. This can occur due to a variety of circumstances, but poor financial management…
Most small businesses in the United States don’t have a clear picture of where their money is going, as reported in PR Newswire. Without proper financial tracking,…
It only takes a handful of poor decisions to negatively impact a company’s performance. In fact, around 20% of small businesses fail during their first year, according to…
You’re running a thriving startup with big dreams and a growing customer base. Your team is buzzing with excitement, your product is gaining traction, and opportunities…
Were you aware that around 20% of small businesses fail within their first year, according to a report by CNBC? While this can occur for countless…
According to the Tax Foundation, corporations increased tax compliance spending by 32% from 2017 to 2023. As a business owner, you should invest in tax preparation…
There were over 1.6 million bookkeeping, accounting, and auditing clerks working in the U.S. in 2023 (U.S. Bureau of Labor Statistics). That number reveals something crucial:…
For the 33 million small businesses across the United States, bookkeeping is a critical but often challenging task. Keeping accurate financial records is essential for maintaining…
Property managers handle a large number of tasks for their clients. 80% of property managers deal with a wide range of activities beyond the usual advertising,…
Imagine running a company with no issue getting its products in front of the right people and keeping its team motivated. However, one day you discover…
Handling payroll schedules can feel like juggling many tasks at once. You always want to ensure payments are timely, accurate, and in line with legal standards.…
Imagine stepping into a vibrant, bustling coffee shop on a crisp morning. The aroma of freshly brewed coffee fills the air, and the soft hum of…
The International Revenue Service (IRS) requires businesses to use Form 1099-NEC to report payments made to freelancers, independent contractors, self-employed individuals, and sole proprietors. If you’re a business…
Expenses are something every small business owner encounters regardless of what type of company they run. It can be challenging for small businesses to stay on…
Not being able to cover your business expenses at the end of the month is a terrible feeling. Despite the busy month you had, your books…
It only takes one shortcoming to derail a company’s progress. This often includes market research or employee morale, but it can also involve how you manage your…
Imagine having the ability to work when and where you want. For many business owners, this is a genuine possibility. However, this doesn’t come without a…
Ideally, a business would run itself. You wouldn’t have to worry about anything except reaching your target revenue goals and paying your employees. The reality is…
On average, a single payroll error can cost your company a staggering $291. Such mistakes, often overlooked, spotlight a critical question every business leader must address: who…
Are you behind on your accounting? Are you struggling to get payments to your employees on time? If so, bookkeeping services could be of great benefit to you.…
Payroll may seem mundane to run a business, but it’s incredibly important for employees and employers. In a world where 93% of employees are paid through direct deposit, it’s also…
There are approximately 316,000 payroll and bookkeeping services in the United States, highlighting the importance of the industry within our economy. Bookkeeping involves keeping track of financial records, managing invoices, and…
Did you know that 20% of small businesses fail within the first two years? That statistic can be quite daunting, especially if you are a small business in…
Did you know that there are over 320,000 payroll and bookkeeping services scattered throughout the United States? Together, these businesses generate a market worth more than $66…