As business owners, we’ve all said it... “It’s just easier if I do it myself.” But the truth is, learning how to delegate effectively isn’t about giving up control. It’s about freeing up time to focus on what truly grows your business. 1. Start by delegating small recurring tasks such as bookkeeping, social media scheduling, or client follow-ups. Be clear and specific when explaining what needs to be done, when it’s due, and why it matters. The more clarity you give, the mor

As a business owner, it’s common to have expenses that overlap between business and personal use. The tricky part is figuring out what portion is deductible. Done correctly, this can save you money at tax time. Done incorrectly, it can raise red flags with the tax office. Here are some detailed examples to guide you: Home office costs If you use a dedicated space in your home for work, you can deduct a percentage of household expenses such as rent or mortgage interest, utilit

Your chart of accounts is the foundation of your bookkeeping. It organizes all your income, expenses, assets, and liabilities into categories. When it’s set up properly, you get clear financial reports that make decision-making easier. But when it’s messy, it can: Hide the true picture of your business finances Lead to miscategorized transactions and duplicate accounts Cause you to miss out on valuable tax deductions Waste time and energy trying to fix mistakes at year-end Ex

Not all bookkeeping problems are the same and the solution depends on your situation. Here’s how to tell which service fits your business best: Catch Up Bookkeeping This service is for business owners who are behind. Maybe you haven’t entered transactions in months, your bank accounts haven’t been reconciled, or reports haven’t been prepared. Catch up bookkeeping is about bringing your books up to date so you have a complete financial picture. Examples: Transactions from the

As a solopreneur or start-up owner, managing your books can feel overwhelming, but it doesn’t have to be. The right bookkeeping software...

Bookkeeping isn’t always the most exciting part of running a business. But here’s the truth: ignoring it, or getting it wrong, can end up...

Every business owner should know their break-even point. It’s the number that tells you how much you need to sell before you start making...

Ready to take the leap from solopreneur to employer? Hiring your first employee is exciting but can feel overwhelming. Let's break down...

Tired of scrambling to pay bills at the last minute? Or worse, getting hit with late fees that eat into your profits? Let's fix that...

Got multiple businesses under your belt? Maybe you're running a consulting LLC while also operating a separate product business? Here's...

Business credit cards can be incredibly useful, but only if you choose the right one. A business credit card should support your...

Nobody wants a surprise letter from the IRS. And when it comes to your business income, there are a few red flags that could draw...

If you’ve been feeling frustrated every time you open your accounting software, you’re not alone! One of the questions we hear often is:...

There’s no shortage of financial advice out there for small business owners especially with so much of it circulating on social media....

If your business has a busy season and a slower one, you know the financial highs and lows can feel intense. Whether you're preparing for...

If you've ever looked at your financial reports and found yourself wondering what EBITDA and net income really mean, you're not alone. ...

When it comes to bookkeeping support, many business owners wonder Is it better to hire someone local or go virtual? While working with a...

Most business owners create a budget once, feel good about it, and then don’t look at it again until the following year. But if you’re...

We’re here to talk about something many business owners avoid... pricing. If your profit margins feel too tight, your revenue isn’t...

Scaling a business is exciting, but growth without financial clarity can lead to cash flow problems, unnecessary debt, and unpredictable...