Browsing Tag

bookkeeping

20 posts
business
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Stop Doing These 4 Things if You Want Your Business to Last

We’ve all seen the statistics on how many businesses fail within the first few years of operation, and the current pandemic may accelerate that struggle for some startups. After fielding literally thousands of questions from small business owners during the past few months at Nav, we’ve identified four ways businesses are setting themselves up to...
start a business new year
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Why the Beginning of the Year is the Best Time to Start a Business

The beginning of the year has always been a popular time to start a business. If you’ve been considering forming an LLC or incorporating, but are curious about the benefits of starting up in January, look no further. We’ll catch you up on the biggest reasons why entrepreneurs like forming new business entities in January....
startup's finances
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6 Ways to Keep Your Startup’s Finances Balanced Year-Round

Now that we are halfway into 2021, it is time to think about how you can further improve your startup’s operations to guarantee greater success in the latter half of the year. During this process, you will want to ensure that your cybersecurity measures are up to date, properly organize all of your old customer...
to do after PPP loan
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6 Things to Do After Receiving Your PPP Loan

You’ve gotten your PPP loan, spent it properly and hopefully qualify for full forgiveness. Congratulations! What’s next? StartupNation exclusive discounts and savings on Dell products and accessories: Learn more here Here are six steps you can take now, after receiving and spending your PPP loan, to help ensure your business continues on the road to recovery:...
new business finances
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5 Tips for Getting Your New Business Finances Set up for Success

Over 3.2 million Americans filed a business application in 2020, 500,000 more than in 2019. Are you a member of this group? If so, you're proof that the entrepreneurial spirit is alive and well in America despite present day challenges. As a new business owner, you're likely struggling with where to spend your valuable resources...
tech tools software
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8 Essential Tech Tools and Software for Managing Your Home Business

At approximately 15 million strong and making up a full half of all small enterprises in the U.S., home-based businesses are a major force driving both the local and national economy. If you’re like me, then starting your own business is a daunting task. There’s simply no way around it, you will need to invest...
finances
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How to Bring Your Business Finances into the New Decade

For new entrepreneurs, now is the perfect time of year to look at your business finances with fresh eyes. While there may be nothing wrong with your current systems, you may find that technical advances can help your startup save both time and money when it comes to your finances. StartupNation exclusive discounts and savings...
outside help
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5 Signs it’s Time for Your Business to Hire Outside Help

As an entrepreneur with fire in your belly, you have no problem starting and running the core of your business yourself. However, as time goes on, you begin to wonder if you could benefit from hiring a helping hand. You may need start to seek outside advice, skills or strategies that currently don’t exist within...
outsource
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When Should Startups Outsource Their Accounting?

Entrepreneurs often juggle many responsibilities, including keeping track of their finances. Startup or not, nearly half of small businesses don't employ an accountant or a bookkeeper. At some point, however, it may be more productive for an entrepreneur to outsource their accounting and free up their time to focus on running their business. At what...
tax
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How to Get Your Startup Tax-Ready (Before It’s Too Late)

For startup founders, tax season is easily the most dreaded time of year, and they’re not the only ones who think so. According to a study conducted by SCORE, a whopping 40 percent of business owners consider bookkeeping and tax preparation among the worst parts of being a small business owner. Not only does it...
accounting tools
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4 Budget-Friendly Accounting Tools for Entrepreneurs

Small business accounting tools can be a lifesaver for all entrepreneurs. Let’s be honest: accounting and bookkeeping are not only the most tedious task for owners, but it’s also your least favorite task. So, if you can automate some of the processes and spend less time engaging in such a daunting task, why not? Small...
bookkeeping
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How to Banish Your Bookkeeping Nightmares

For entrepreneurs and small business owners who don’t have an accounting background, bookkeeping and taxes can be intimidating or downright scary. But it doesn’t have to be. Lisa London, CPA, brings three decades of public accounting expertise to numerous books and other resources, including one called, “Banish Your Bookkeeping Nightmares: The Go-To Guide for the...
connected accounting
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Save Time and Transform Your Business with Connected Accounting

In order to keep up with the demands on your valuable time and ensure the future longevity of your business, it’s imperative to be automated now. The simplest way to get started is by automating your accounting tasks. You’ll save time and money by moving your accounting to the cloud, if you haven’t already. It’s...
outsource
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What Roles Should Your Startup Outsource?

Times change, including how entrepreneurs run a business. Between the internet and technology, it is possible to avoid leasing an office space for you and your employees. Instead, many are using online resources to hire a remote staff and save the cost of renting an office space. Many startups outsource tasks to companies and freelancers...
Checklist
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Stay on Top of Business with This 10 Step Checklist for Your Startup

For entrepreneurs, July is a great time to assess how the year is shaping up, make adjustments that boost revenue or reduce expenses and take advantage of new opportunities. But how do you get started and what should you focus on? Here is a step-by-step checklist that can help you stay on top of your...
Tax season
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Take the Stress Out of Getting Your Startup Ready for Tax Season

As a small business owner, you probably don’t get excited about tax season. At best, prepping your taxes feels like a hassle, the least fun of all your business activities. At worst, it has you pulling your hair out in a state of distress and confusion. Tax season doesn’t have to be painful. With the...
Healthy cash flow
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6 Ways New Businesses Can Maintain Healthy Cash Flow

Maintaining a workable cash flow (the capital going into and out of your business on a regular basis) is one of the most important concerns of any business, regardless of age or size. Poor cash flow management can easily put a business under. Conversely, good management might be able to keep a business afloat, even...
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My typical days are not so typical.

Whew! I have to say, although sales have been a little slow – as they always are this time of year – I seem as busy as ever. I've been working on a bunch of new products, and giving interviews and placing ads. I'm also trying to organize my house and office, which is a...
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Tax filing day is here – rejoice all ye small business owners!

I don't know, maybe it's because of the relief that comes over me once it's all done. Maybe it's because I've persevered & survived yet another tax season. But I've always felt like rejoicing once April 15 has come & gone – and this year April 15 is actually April 17. For an entrepreneur, filing...