Bad Bookkeeping Costs Your Business Do you know where your money is going? If you're running a business, keeping your finances in check is crucial. But what happens when your bookkeeping isn’t up to par? Bad bookkeeping can lead to missed opportunities, costly...
Strategic planning is the secret to making your business goals a reality. Waiting until the last minute to create your 2025 plan can lead to missed opportunities and rushed decisions. By starting your strategic planning now, you’ll gain clarity, stay ahead, and enter...
As the holiday season approaches, many small business owners consider ways to show appreciation to their hardworking employees. One impactful gesture that goes beyond seasonal cheer is giving holiday bonuses. When looking to implement a bonus structure in your...
Are you curious about how much payroll services really cost? In this video, Joy Lutz from Aligned CPA breaks down the factors that influence payroll service costs, helping you make an informed decision for your business. Managing payroll can be time-consuming and...
Reading financial reports can feel overwhelming, but it’s a vital skill for any business owner. Knowing how to interpret a balance sheet and profit & loss statement helps you make informed decisions about your business’s future. You’ll gain insights into your...
Let's Figure It Out If you’re making money from something you love, that's fantastic! But have you considered whether your passion is classified as a business or just a hobby by the IRS? Understanding this distinction is crucial for managing your taxes effectively and...
An employee handbook is more than just a collection of company policies; it is a crucial tool for setting the expectations of a positive workplace culture. However, crafting an effective handbook can be challenging and it is easy to make mistakes. Here are four common...
Running a successful business entails navigating various challenges, with financial management standing as a cornerstone of success or failure. Despite offering exceptional products or services, inadequate financial decisions can lead to business downfall. Here, we...
Growth can come in many different forms (even in pruning… more on that another day). If you’re planning to grow your business this year you need to get very clear on the HOW. How are you going to grow? That can be the overwhelming part, but it doesn't have to be. ...
Managing payroll is a fundamental aspect of running a business, and many companies opt to outsource this task to professional payroll service providers. While outsourcing payroll can save time and reduce the risk of errors, one of the critical questions business...
Many businesses have some sort of accounting software such as QuickBooks to help manage finances and then provide financial statements such as a balance sheet and income statement to help you gauge the financial performance of your business. Do you find...
Health Savings Accounts (HSAs) are tax-advantaged savings accounts designed to help individuals and families with high-deductible health insurance plans cover their medical expenses. Here's how HSAs work. Eligibility To open and contribute to an HSA, you must...