Accounting Tips, Training, and News for Small Business

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Accounting Tips, Training, and News

The Gift That Keeps on Giving: How to Track Donations You Receive

If you run a nonprofit, you already know that donations and grants are your bread and butter. You also know just how complicated tracking donations can be. Nonprofit organizations are required to know how to track charitable donations they receive and supply donors with the proper documentation for the donations they’ve made.  Read on to […]

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For Richer and Poorer: How to Start a Business With Your Spouse

Americans love talking about their favorite mom-and-pop shops. When we use the term mom-and-pop, we’re talking about a spouse-owned business. A spouse-owned business gives new meaning to “for richer and poorer” (and “till death do us part!”).  According to Harvard Business Review, three million businesses in the U.S. are spouse-owned. This type of business also […]

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How to Choose the Right Accounting Software for Your Business

Maybe you’re thinking about buying accounting software for the first time. Or, you’re finally ready to switch software providers. At some point, you may wonder how to choose accounting software. There are so many options out there that even knowing where to get started selecting the right accounting software can feel impossible. This article will […]

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Accounting KPI: How to Use Key Performance Indicators to Measure Success

Your business is efficient and error-free all the time. Well, maybe it’s 90% of the time. Actually, maybe 85% of the time. OK, maybe it’s time to investigate with an accounting KPI (key performance indicator).  With knowledge comes power—as soon as you know where improvements are needed, you can create a plan for future success. […]

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How Can Your Product-based Business Respond to Shifts in Consumer Spending (2022)? 

Target’s slashing prices on inventory like appliances and televisions. Marriott’s hotel room demand for leisure travel is up 10% compared to 2019 bookings. What does this mean for consumer spending in 2022? It means that a great shift in consumer spending 2022—from goods to services—might be here.

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