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10 Tips to Reduce Debtor Days for Small Business Owners

10 Tips to Reduce Debtor Days for Small Business Owners

by Bobbie Witt | Oct 28, 2020 | Bookkeeping for Business, Profit First, Small Business

Steady and reliable cash flow is crucial for the survival of any small business. So, taking steps to reduce debtor days and ensure your customers pay promptly should be a key priority.  When your clients consistently pay on time, you’ll avoid the dreaded “feast or...
Worthwhile Expenses for Entrepreneurs

Worthwhile Expenses for Entrepreneurs

by Bobbie Witt | Oct 26, 2020 | Articles, Bookkeeping for Business, Bookkeeping for Law Firms, Bookkeeping for Property Management

Being an entrepreneur is often about getting the most value out of your resources. That means spending only on the necessities, and nothing more. Unfortunately, things you consider to be a waste of your capital may actually be what your start-up needs to survive. Some...
Tips for Managing Independent Contractors

Tips for Managing Independent Contractors

by Bobbie Witt | Oct 26, 2020 | Bookkeeping for Business, Bookkeeping for Law Firms, Bookkeeping for Property Management, Profit First, Small Business

For small businesses, working with independent contractors can be a lifesaver. You can hand over tasks you don’t have time for – at a fraction of the cost of an employee. Unlike staff, you won’t owe a contractor payroll taxes, unemployment insurance, health insurance,...
What is your succession plan?

What is your succession plan?

by Bobbie Witt | Oct 26, 2020 | Articles, Bookkeeping for Business, Bookkeeping for Property Management, Profit First, Small Business

According to recent research, a staggering two-thirds of US millionaire-owned businesses are operating without a succession plan — and even fewer small business owners around the globe are prepared for their CEO’s eventual exit. Recent stats from PWC Global show that...
How To Prepare Your Business During The Last Quarter of the Year

How To Prepare Your Business During The Last Quarter of the Year

by Bobbie Witt | Oct 21, 2020 | Bookkeeping for Business, Bookkeeping for Law Firms, Bookkeeping for Property Management, Small Business

#TipTuesday: Last Quarter In any business, every transaction matters and so does keeping a record of them all year long. This will prove useful especially when it gets to the end of the year.  As we complete the last quarter of the year, here are some tips to help put...
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