I get asked this question a lot by business owners. How can I pay myself? Or when can I start paying myself as the business owner? The issue around owner’s compensation is a great one. There are two different thoughts on this topic. One thought is you can pay yourself off the top. As money [...]
The year-end is rapidly approaching. If you've hired anyone in your business, are you aware of the filing requirements? I'm going to tell you exactly what you need to do in order to remain compliant. This is the time of year when it's a good practice to look at your books and see, did I [...]
There are so many options for accounting software on the market today. So the question is, do I need it? And when? So if you've been wondering about when it's time to take the plunge and invest in that accounting software package, this post is for you. I wanted to take a little time today [...]
If you're just starting a business, it's very easy to feel overwhelmed at the beginning. You have to think about, not only what your business is. Maybe there's a service that you provide, or maybe you have a product that you're bringing to market, but then you have to think about all the backend. What [...]
Is there a part of your business that is too challenging? Or you simply dislike it and you just want someone else to take care of it for you? There's the right way and the wrong way of doing this. So I'm about to get real and share with you my biggest mistake. I'm going [...]
Do you know what it means to commingle funds? It's when your personal account and your business account get a little cozy. What does it mean to commingle funds? It's when they serve the same purpose, or maybe they're one and the same. If you don't know when this is an acceptable practice, keep reading. [...]
