In part I of this series, we looked at two differences in accounting for non-profit businesses. Here is a look at two more: Accounting Statement for a Non-Profit Organization: The Non-Profit Organizations being a different type of entity necessitates a
Accounting for non-profits (also known as “fund accounting”) can require a greater level of detail than a for-profit company. Most accounting concepts that apply to for-profit also apply to non-profits. GAAP (Generally Accepted Accounting Principles) is followed and is the
In part I of this series, we looked at three of the most effective offline business promotional methods. Here’s a look at four of the best ways to market your small business online: Claim your Business Listings: Let’s start with
Small businesses are in a fight for their survival. With the government taking a bigger chunk of your earnings and more competition than ever before, business owners need to use more creative ways to market their services and grow their
Starting a home-based business can be a great decision. For many, it is a source of supplemental income to go along with their regular job. For others, it may be their fulltime income. In today’s economy with unemployment still higher
Small business owners have a lot on their plate. As the owner of a small company, you have to wear a lot of hats. And one of the things that can take up a lot of energy is bookkeeping and
Continuing with our expense tracking tips for at-home workers, here are 3 more essentials: Track Your Mileage: Similar to recording expenses in a logbook, it is important to have an accurate record of the business miles you drove. For this
Work-at-home individuals have several lifestyle advantages over those that have to go into an office. The freedom and flexibility of being at home can give workers the ability to more effectively manage their family and save on commuting costs, eating
If there is a fear business owners have over most others, it is an audit from Uncle Sam. Small businesses are highly susceptible to an IRS audit because of the extensive itemization of the returns they typically file. To avoid
Credit Education is very important so we are taking the opportunity to talk a little about credit management. Specifically, how you can improve your credit score over time no matter how bad things get. Step One: Track Your Credit Score
