End of Year Tax Planning Tips for Small Businesses

Posted on December 14th, 2021 in Small Business, Startup Business, Taxes

According to the IRS, taxpayers left 1.3 billion dollars of unclaimed tax money on the table in 2021. That’s money that could be used to funnel back into your small business. As the end of the year approaches, it’s important to consider how much you can save simply by having the right tax measures in […]

What Is a Fractional CFO?

Posted on October 18th, 2021 in Accounting, eCommerce Accounting, Money Management, People & Hiring, Small Business, Types of Accounting,, Your Back Office

If you’re a small business or a business trying to scale, financial procedures, reporting, and forecasting can seem like a nightmare. Fractionalized CFOs help you respond to these problems and more, ensuring you can execute your goals and position yourself for sustained financial success. However, you might have questions about the difference between a controller […]

Work from Home— What Is It and How Does It Work?

Posted on February 17th, 2021 in Small Business, Startup Business, Work From Home

Even before the arrival of the COVID-19 pandemic, the work-from-home model had gained traction in the corporate world. Gallup recently surveyed 15,000 working adults in the US and the study revealed that 43% of them spent at least some time working remotely during their work hours. The crisis only exacerbated the trend. Keeping in mind […]

A Guide to Managing Remote and Hybrid Teams

Posted on December 2nd, 2020 in People & Hiring, Small Business

In the era of COVID-19, social distancing has become the norm. The lockdown imposed, as a result, has enforced the concept of remote and hybrid teams. Companies around the world were straddling a bridge between yesterday when employees at most companies were physically present at work, and tomorrow, when a vaccine or effective treatment will […]

Your Guide to a Successful Financial Audit

Posted on February 10th, 2020 in Accounting, Small Business

Financial audits are one of the reasons why year-end reporting is stressful. But then, these audits establish you as a reliable company in the eyes of external entities such as banks, government agencies, and shareholders. Furthermore, listed companies are required by law to have their accounts audited- so there’s no escaping this grueling process! Besides […]

How to Recover Your Business After the Holiday Season

Posted on December 10th, 2019 in Accounting, Marketing & Advertising, Small Business

Recovering a business after holidays is an arduous task. Every year, businesses all around the world spend a considerable amount to boost their sales during the holiday season. However, they face different challenges once the holiday season is over. The Halloween season rolls into Thanksgiving, Christmas, and then New Year’s without anyone realizing it. Before […]

Data-Driven Decision Making is the Path to Business Success

Posted on September 10th, 2019 in Small Business, Startup Business

The growing business scene means that our gut instinct is no longer enough to remain abreast of the competition. The dynamics of decision making have changed today as organizations are slowly realizing that data lies at the heart of decision making, meaning that they are becoming data driven decisions. The technology that we use today […]

Fully Accountable Makes the Inc. 5000 List!

Posted on August 16th, 2019 in Scaling & Business Growth, Small Business

We are excited to share some big news! After just 5 years in business, Fully Accountable ranks 2626 on the Inc. 5000 List with a three-year growth of 148%! A Fast Growing Company! The Inc. 5000 began in 1982 and today is a distinguished editorial award, a celebration of innovation, a network of entrepreneurial leaders, […]

What is a CFO and Why Do I Need One?

Posted on August 5th, 2019 in Accounting, People & Hiring, Scaling & Business Growth, Small Business

A Chief Financial Officer is a C level executive responsible for managing all of the financial functions of a company or organization. You might be wondering if it’s time for your business to hire a CFO. In this guide, we’ll dive into what a CFO is, why and when you might need one, and how […]

7 Benefits of Digital Accounting For Small Businesses

Posted on July 17th, 2019 in Accounting, eCommerce KPIs, Small Business

Digital accounting is fast becoming the norm in the industry. With the introduction of advanced accounting software, more and more businesses today are looking to avail it. However, many small businesses follow the more traditional route of hiring specialist accountants for their day-to-day entries. You cannot blame them for supporting the manual accounting procedures; a […]

10 Accounting Trends Every Business Should Follow in 2019

Posted on July 3rd, 2019 in Accounting, Small Business

We will remember 2018 as the year when technology-dominated accounting trends around the world. The revolutionary takeover of technology has revamped the accounting world. What seemed impossible before is now considered realistic and achievable. The business world is witnessing a change in the environment, especially in terms of the decision-making mechanism. The move to paperless […]

Surprising Ways Your Payroll Department is Bad for Your Bottom Line

Posted on June 19th, 2019 in Accounting, Small Business

Outsourcing payroll has become one of the hottest trends in the business world. It allows business owners to focus more time on the growth of their businesses while ensuring that payroll is processed efficiently and correctly every time. One fantastic benefit that it carries – and that many overlook – is that outsourcing also helps […]

Category: Small Business