Every kind of business will eventually need new equipment, whether that’s factory machines, furniture, vehicles, or copiers. Whatever your organization needs, you’ll be faced with the choice of buying or leasing your equipment. As Certified Public Accountants, we wanted to share with you the benefits of each of these financing options, the potential pitfalls, and
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Once upon a time, retirement was a lot simpler than it is today. People lived off of social security benefits, personal savings, and a pension from their employer. But today, the retirement landscape is much more complex, and uncertain. As Certified Public Accountants, we wanted to explain why now, more than ever, it’s imperative to proactively plan for your retirement goals.
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As experts in accounting for small businesses, we understand that the application and approval process for obtaining a small-business loan can be overwhelming. To help make things easier, we’re sharing these 5 steps to obtaining a business loan.
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The Important Difference between Profits and Profitability Every business owner wants to increase profits. And no matter what type of business you’re in, there are only two ways to do that. You can either a) generate more revenue through sales, or b) reduce expenses. Ideally, you want to implement strategies that will accomplish both goals.
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6 Steps to Start Saving for Your Child’s Education If you’re the parent of a newborn or young child, then saving for her college education is probably one of your top priorities. But it can also be daunting. The cost of college tuition right now is astronomical and it’s only going to rise. What’s the
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5 Reasons Your Healthcare Organization Should Outsource Accounting Statistics show that healthcare providers around the world have been outsourcing the non-medical aspects of their operations at an increasing rate. Hospitals, surgery centers, and even small family practices have found that relying on professional third-party vendors to handle services like Information Technology (IT), records...
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Financially Planning for a Baby Is there a bundle of joy in your future? Whether you are already expecting, or are planning to start a family in the near future, it is always a smart idea to financially plan for a baby. Putting together a financial plan prior to the baby being born will help
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Avoid These Small Business Tax Mistakes Running a small business can take up a majority of your time and thoughts. After all of the hard work you put into keeping it afloat, the last thing you want is a hiccup in the business due to a simple tax mistake. To help avoid this issue in
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5 Simple Money Saving Tips Saving money is not easy for everyone. In fact, the majority of people out there today have trouble putting money aside for a rainy day. That is backed by the large number of people who are in debt across the country. Even if saving money comes naturally to you, you
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Financial Advice to Help Manage Major Life Events: Divorce or Death of a Spouse Life can take a tragic turn at any moment and without warning. One minute you are sitting on the beach with your spouse and the next you are sitting along in the family home, following your spouse’s unexpected death. It’s understandable
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Common Mistakes People Make on Their Taxes Filing a tax return each year should be cut and dry. But, for some, changes in their financial situation can lead to mistakes. Tax returns are not something to take a risk with, which is why it’s always best to work with a CPA or financial advisor each
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5 Things to Ask Your New Financial Advisor Working with a financial advisor is a good idea for people of all ages. Even if you are right out of college and are only working part-time, a financial advisor can help you get your finances in order. You can learn about budgets, saving, and even what
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