There are some key ratios every business should know to understand the viability and health of your business.
The best way to fatten your bank balance as a small-business owner is to increase your profit margins. Some of the steps that can help you improve your bottom line may seem scary — but they shouldn’t be.
As cloud accounting has been gaining more and more traction over the last few years, it was just a matter of time before outsourcing your bookkeeping became became priority to add to your bottom line.
Hiring an accountant has become somewhat of a grudge purchase, but trust as when we say that an awesome accountant on your team can be worth their weight in gold.
“But it’s my accountants we’re talking about – they need to give me the numbers. Why would I need them to talk digital business strategy with me?” – you may ask.
Until as recent as two years ago, I can recall how much effort it took to convince a business owner that he or she needed an accountant. It was and to a large extent, still is an absolute grudge purchase.