Tax regulations often fall to the bottom of small business owners’ priority list as they get busy with managing their companies and employees as well as working on product development. Though it is crucial for entrepreneurs to focus on all aspects
Ways to Automate Your Business to Boost Efficiency and Profits
Business process automation is the use of technology to streamline recurring manual tasks. By automating these tasks, the company can direct its time and resources on producing higher-quality work and boosting profits. Traditionally, automating processes were primarily reserved for large enterprises
How to Take Your Accounting and Bookkeeping Paperless
Businesses keep their operation records and manage their accounts by keeping invoices, receipts, account statements, and other financial documents. Traditionally, gathering transaction records for the business’s financial management involves the use of papers. But, heavily relying on paper is not cost-efficient
Uses of Record Keeping and Accounting – Infographic
Bookkeeping and accounting are considered the backbone of a smooth business operation. However, many people get confused between the two terms as both have relation to financial reporting and used interchangeably, resulting in mismanagement of their businesses’ financials and accounts. Businesses
Signs a Client Needs a New Accountant
Many small business owners set up their businesses by relying on their product or service knowledge and often leave accounting and financial management tasks to bookkeepers and accountants. Besides tax filing, these professionals can provide a comprehensive assessment of a business’s
Invoicing Software that Gets You Paid
Many businesses have long relied on manual invoicing systems that are too tedious, repetitive, and often prone to error. These processes also make it challenging to keep track of customers who are yet to settle their remittances. Sticking with inefficient invoicing
5 Things You Need to Do as a Small Business – Infographic
Many people today venture into small businesses, thinking that their skills and knowledge are already enough to keep their company going. However, this industry is an ever-changing environment that requires players to adapt quickly. While there are numerous aspects that small
KIPPIN – Accounting and Bookkeeping Services
Your books in need of help? “Not surprised!” Accountants hear this on a regular basis from business owners regarding their bookkeeping and financials. The important part is recognizing that you are in need of financial assistance and kick off the process
Why Bookkeeping is important
A business owner has limited options if his or her books are not up-to-date. If you approach a bank for a loan, they will ask for a detailed financial view of your books. If that is not available, the answer will
KIPPIN – Mixing Business and Personal
So, you are ready to start a business and excited to go. You execute your plan and work tirelessly to grow your business. But something is missing. Being financially organized can greatly reduce the amount of stress you feel when starting or running a