Successful bookkeeping tips for small businesses

Successful bookkeeping tips for small businesses

The nature of most business owners is to place value on endeavors were the odds of success are higher. Marketing, business promotions, R&D are some that come to mind. While some love the number-crunching of bookkeeping and accounts, others hate to detract from business operations to focusing on minuscule details of their day-to-day finances. Love […]

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Regulatory changes for small business in 2013

  The calendar won’t be the only thing changing for small businesses this New Year. Small businesses will have to look out for regulatory changes in 2013 that will change the way they operate. These potential regulatory norms would require significant adjustments to the way the businesses operate. Changes in Tax Rates A majority of […]

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Why start a business retirement plan?

Starting a business retirement plan can be a complex process for small business owners in particular as they need to factor in issues such as multiple sources of retirement income, special tax considerations and succession issues.  Beginning a business retirement plan will help make deductible contributions for 2012. Listed below are some compelling reasons for […]

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Budgeting for a small business

Budgeting might seem an overtly complex exercise for some business owners. However, there are no hidden demons in budgeting if a realistic estimate of spending is made possible and priorities clearly established. A few common budgeting pitfalls to avoid are listed below for a better understanding and utilization of the budgeting process: Underestimating the costs: […]

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