You know that it has something to do with filing taxes, but what exactly is a 1099 Form? In short, a 1099 Form is an “information return” that reports all income earned through self-employment, interest and dividends, sales proceeds, and other miscellaneous income. There are several different types of 1099 Forms that account for the […]
5 Funding Options for Start-ups
Starting your own business requires enough capital to ensure you can pay your bills until your company turns a profit. Depending on the type and size of your business, you may need thousands of dollars monthly to cover overhead. There are plenty of things that can help including these 5 funding options for start-ups. If […]
3 Tips for Working Smarter and Gaining Personal Time
You’ve probably heard the maxim that it’s better to work smarter than harder. Working smarter means allocating your time, energy and money so vital tasks get done more efficiently, freeing up your personal time. Don’t miss the change to learn the 3 tips for working smarter now. Too many business owners think they must keep […]
Things to Consider Before Service Offering
If you’re looking to grow your business, read the things to consider before service offerings. Adding additional services is a good way to increase your profitability, diversify your income and expand your market. But there are important things to consider before adding to your income streams. Here are 4 important things to consider before service […]
How to Build an Effective Financial Plan for Your Business
Every business needs a financial plan. Your financial plan gives you a way to monitor and review your cash flow, make adjustments to your spending, and anticipate any upcoming financial issues. It can also make you more prepared to request funding or find investors so you can bring more money into your business. Read the […]
How to work virtually with bookkeeping clients
Many businesses are switching to virtual offices, which opens up new challenges and exciting opportunities for accountants and bookkeepers. There are a few essentials you will need to know if you are ready to successfully make the switch to working virtually. Whether you’re just starting out as a bookkeeper, or you’ve been doing bookkeeping for […]
4 Money Saving Tips for Business Owners
Running a successful business requires you to make smart decisions about everything from who you hire to how you spend your money. There are many legitimate expenses to cover, but it’s easy to overspend in areas that aren’t helping you or your business. Read the 4 money saving tips for business owners that will help […]
Business Update – 15 October 2021
Welcome back to our first Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. We’re thinking of everyone affected by lockdowns around the country and encourage you to reach out if you have any questions about your business during this time. Sydney Reopens After Months of […]
5 Ways to Recover After a Financial Setback
How to recover the business after a financial setback? You started your business with plans of earning a living and being successful, but an unfortunate fact of business life is that companies suffer financial hardships. Whether those hardships are pandemic-related or linked to other urgent situations, the effect is still the same. Your finances […]
How Much Cash Does My Business Need?
Your business needs cash. Cash is what keeps your company in operation and enables it to grow, so you should know how much cash your business needs to survive. Although many people think the answer is linked solely to operating expenses, this isn’t the case. There is no single factor that determines how much […]