When it comes to forming a business, there are a number of business structures you can choose from. Your structure can determine how you handle taxes and which forms you need to file. One business entity you can choose is an LLC. So, what is an LLC? What is an LLC in business? An LLC, […]
How Can Small-Business Accounting Benefit From Robotic-Process Automation?
There are many ways to automate your accounting department, and robotic-process automation can play a key role.
Thinking About Increasing Your Advertising Spend? Keep These 5 Considerations in Mind
Some of your main goals as a business owner are to boost sales and increase revenue. One way to do this is to increase advertising spend. But is hiking up the money spent on advertising worth it for your company? Ask yourself, Should I increase my advertising spend? and keep a few considerations in mind […]
Is Cyber Insurance Worth It? What to Know Before Taking the Plunge on a Policy
Handling personally identifiable information (PII), such as names and Social Security numbers, can be nerve-racking for business owners. So, you need to protect the PII of your customers, vendors, and employees from hackers and data breaches. To defend your company from cyberattacks and their consequences, you might consider cyber security insurance. But, is cyber insurance […]
The Ultimate Guide to Small Business Financing
Here’s a number that might surprise you: 29%. That’s how many startups fail because they run out of cash. To make sure you have enough capital to see your dream through, consider small business financing. From taking out a loan to securing a venture capitalist investment, we’ll go over your small business financing options. That […]
Voices Art of Accounting: 400th column – Accounting Today
Reaching 400 consecutive weeks of practice management columns is, I believe, an admirable achievement. I wanted to “celebrate” it with a fantastic column today. However, it occurred to me that most things in running an accounting practice are not super flashy or dramatic, but more or less small low-key achievements. The success comes from the […]
M&A activity in accounting on the rebound in 2021, expert says
Merger-and-acquisition (M&A) activity for accounting firms is surging in 2021, Joel Sinkin, the New York-based president of Transition Advisors LLC, said in a session at AICPA & CIMA ENGAGE 2021. In 2020, M&A activity slumped because of the COVID-19 pandemic, he said, observing that the market for CPA firms was the slowest he had seen […]
M&A activity in accounting on the rebound in 2021, expert says – Journal of Accountancy
Merger-and-acquisition (M&A) activity for accounting firms is surging in 2021, Joel Sinkin, the New York-based president of Transition Advisors LLC, said in a session at AICPA & CIMA ENGAGE 2021. In 2020, M&A activity slumped because of the COVID-19 pandemic, he said, observing that the market for CPA firms was the slowest he had seen […]
Liberty Tax Selects Xero as Preferred Cloud Accounting Platform – Cadillac News
DENVER & DALLAS–(BUSINESS WIRE)–Jul 30, 2021– Xero, the global small business platform, announced that Liberty Tax, with 2700 franchisees across the US and Canada, selected Xero as the preferred cloud accounting software for its new small business service offering. Liberty Tax, a portfolio company of NextPoint Financial Inc. (TSX: NPF.U), has more than 12,000 tax […]
Accounting For The Future: Why CFOs Need Predictive Powers – Forbes
Finance officers must anticipate future needs. getty “In the next five years, game-changing technologies will transform every business process, including how we sell, market, communicate, collaborate, educate, train and innovate.” This statement by Daniel Burrus, futurist, business strategist and author of The Anticipatory Organization: Turn Disruption and Change Into Opportunity and Advantage, may startle some, […]