So, you’ve decided to start your own business! Running a business can be one of the most rewarding and life-impacting experiences of your life, so congratulations on pursuing your passion. On the other hand, many new companies run out of steam early and fail,...
Here are two business truths: (1) Every business needs to manage cash, pay its employees, keep its financial records, pay its bills and process its taxes; and (2) Every business needs to have someone who will handle all the critical accounting functions. The...
For business owners in New Orleans and surrounding areas, understanding various financial statements is a critical part of running an effective and profitable business. From balance sheets to profit and loss statements, a business owner is tasked with making sense of...
How Much Money Do You Need to Start a Business? No business ever starts with the problem of having too much money. Barring a lottery ticket win that spurs endless cash into a venture, most entrepreneurs take the leap into business ownership with a shoestring...
Tax credits are important for business. For each tax credit dollar, the tax payer will receive one dollar in tax reduction. There are certain tax credits earmarked specifically for small business use. Let’s review each one as well as the definition of small business...
PASBA stands for the Professional Association of Small Business Accountants. It was formerly known by the name of the National Association of Small Business Accountants. This organization was founded in 1982 with the idea of strategically organizing small business...
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