When the time comes to sell or transfer your business, whether to retire or just to move on to something new with your life, there are many accounting issues surrounding the planning for transferring your business. As you move through the process, make sure you take the appropriate steps not only to ensure you get […]
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 accounting. The challenge is that whether you like it or not, the IRS will expect
Basic Accounting Tips for Small Businesses Read More »
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 purpose, it is advisable to use a separate mileage book that is small enough to
How to Track Expenses when Working from Home (Part II) Read More »
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 out for lunch, and other such expenses. While working from home offers several advantages, there
How to Track Expenses when Working from Home (Part I) Read More »
As experienced business owners and bookkeepers, we have worked with multiple small business owners, partnering with them to help make their endeavors successful ones. We’ve learned there are fundamental items that successful business owners incorporate into their daily practices that less successful owners may not.If you are looking to expand your business and increase your
Steps To Take In 2013 To Make Your Business More Successful Read More »
The accounting professionals at BASC Expertise work with entrepreneurs on a regular basis. We are involved with entrepreneurs from the formation of the business entity, formulation of a business plan, accounting and bookkeeping services, and annual tax preparation. When it comes to formulating a business plan, we offer seven items that need to be considered
Seven Items To Include In Your Business Plan Read More »
Starting a new business is an exciting time, but is also one that needs to be undertaken with care and consideration in order to make it a successful, thriving enterprise.
7 Considerations For Starting A Small Business Read More »
The holidays are fast approaching and as an employer you may be wondering, “What is an appropriate gift for my employee?” “How much should I spend?” “Do I spend more on my personal assistant than I do for the line worker?” or “Are the gifts tax deductible?” To make the gift-giving season less stressful, here
Gift Giving In The Workplace: Hints and Tips Read More »
Entrepreneurs understand that financial planning for their business is a crucial component for success. Not only does proper financial planning offer the business owner a roadmap toward a successful venture, it also sets the standard by which the finances are handled within the company. Working with an accountant to implement cash flow standards provides the
The Importance Of Financial Planning For Entrepreneurs Read More »
A financial plan takes away the “what-ifs” and puts your business on a solid foundation and path to success.
The Benefits Of Making And Maintaining A Financial Plan Read More »
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