Owning a small business is like starting a family but often I feel like a single parent with quintuplets. When I first began my business in 2012 I filed out all of the correct paperwork. As it would seem, I did so in the most backwards order I could imagine. This was not by my […]
Category: tax, accounting & finance

How are you hiring and paying for services your business needs? Do you have employees? Independent contractors? Contractors or consultants? Interns? Tax and labor laws contain a lot of traps if you do not pay attention to what you are doing when you bring in the help you need. Workers Compensation insurers and VA’s Unemployment […]

When I first joined Wachovia in 2008 (you may know us as Wells Fargo), one of the first things I was told was that “Sometimes you buy stocks when they are down so you won’t get tempted to buy them when they go up.” I feel it was great advice. It tells me there are subtle […]
Let me ask you a question: why are you in business? I am sure your answer is to earn money, to make a living, or to prepare for the future. Then let me ask a second question: what is your most important tool to manage your money? Do you keep track of your bills and […]
Let’s talk about going green. Yes, going green. There are many ways you can keep a green office. But there is more to having a green office than saving the environment. The most common commodity we all work with is paper….. to me, a close second is my time. If I can save a tree […]
Frequently small businesses ask me as a professional bookkeeper varying questions about document retention. I am not going to tell you which documents you should retain. This information needs to come from your CPA, attorney and/or your corporate headquarters. I want to write about document retention because ultimately, you may be responsible for archived documents. […]

There can be confusion among small business owners when it comes to responsibilities between bookkeepers and accountants. There are some who believe that they will save money by using the services of a professional bookkeeper rather than services of a Certified Public Account (CPA.) I answer that question with this analogy: would you ask a […]

Guest Post by Barbara Greenwald of Sheinwald Financial Strategies. I define “Smart Entrepreneurship,” as the willingness to plan ahead, adjust your plan as you go along, know your own limitations and when to consult others, only take risks that you understand and can afford to take, deliver your product or service with the utmost quality and […]