Company Financial Habits to Avoid (Complete Guide)
Is your company avoiding these bad financial habits? 20% of businesses fail in the first year, and 96% of businesses fail in the first ten years. That’s a shocking statistic to see that only 4 out of 100 businesses make it 10 years. One of the main reasons is not due to bad business. It […]
Can you tax cryptocurrency? Let’s find out!
Cryptocurrency technology shook up the economic world when BitCoin burst into the scene a couple of months ago. If you aren’t in the loop, you might want to consider checking it all out – starting here! Recently our CEO, Vinnie Fisher, had the privilege to be apart of The Future of Money Summit presented by […]
5 Accounting Trends We’re Noticing in 2017
Accounting is turning from an introvert to an extrovert. It’s no longer here are my numbers, give me a quarterly report and we’ll figure it out from there. It’s here’s my data, I want a report tomorrow. Companies are becoming more demanding because they want real-time results. With the increase in technology, it is becoming […]
Why You Should Hire a Virtual Back Office for Your Accounting Needs
Are you struggling to balance running your business while being your own accountant? Are you overwhelmed with numbers that just don’t make sense to you? Are you spending too much valuable time on accounting when you should be focusing on your business? You probably don’t even know if you made money last month. If this […]
Bookkeeping vs. Accounting: What’s the Difference?
One of the most common questions we hear from clients is, “What’s the difference between bookkeeping and accounting? Is there a difference at all?” The answer is yes, there’s a big difference. Accountants are able to provide a wider range of financial services. Whereas bookkeepers will strictly focus on entering, storing and recording of financial […]