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Here are some accounting mistakes we see small business owners make. Under the right circumstances, these mistakes can cost you your business. So, you should have an accounting professional review your accounting regularly. Using a DIY Method of Bookkeeping The DIY method is when you do your bookkeeping without regard for GAAP accounting. It’s apparent […]
When it comes the end of year accounting, it can seem like an insurmountable project. But, if you do a better job throughout the year you can avoid some painful business disasters which goes a long way in assisting your CPA to prepare and file your taxes. 1. Avoid a Cash Flow Crunch Review all […]
Owning a small business is hard enough without the headache of worrying if your accounting is right. Too often owners decide it costs too much to hire an accountant. So, they forego getting a bookkeeper and try doing their bookkeeping themselves. Or even worse, they think their CPA is doing their financial accounting for them! […]
Do you often feel like if you don’t do everything in your business then nothing gets done? This is something we frequently hear from business owners, but it doesn’t have to be that way. You just need to learn how to set up your business so that it systematically runs whether you’re there or not. […]
We built BBGS Business Accelerator with the versatility to help current and future business owners fix all the following scenarios: Thinking about a new business idea but don’t know how to get started. Consistently struggling to achieve monthly breakeven and falling short. Feeling alone as the only employee in your business. Uncertain when to hire more […]
Everyone wants to increase revenue because revenue is the life blood of every business. Problems with your revenue can reap havoc across your entire business. So, if you increase revenue and you fix a lot of other problems too! But how? By tuning your revenue engine, of course. One mistake many small business owners make is […]
Does your CPA or accountant make you feel overwhelmed about your business management. This is because everything is about your financials to them. Guess what…they’re only giving you a small fraction of the picture! Your problems start here, because you put trust in them and believe they know what they’re talking about. However, based on […]