Real Estate Accounting for Beginners in 5 Simple Steps
Introduction
Real estate accounting can be a daunting task for beginners. There is so much to learn and understand! However, with a little bit of guidance, you can be on your way to mastering real estate accounting. In this blog post, we will provide an overview of real estate...
Unlocking the Keys to Profitable Short-Term Rental Management
Introduction
The short-term rental industry is booming. If you’ve ever considered turning your home into a short-term rental, you’re not alone. Property owners are taking advantage of this opportunity to increase income and create a lucrative business model. But managing a successful short-term rental business is no easy feat....
Why You Need An Accountant and How to Choose One
Why accountants are necessary
Unless you’re an experienced accountant yourself, it’s always best to have an expert overseeing your financial business affairs. As a business owner, you’ll probably be juggling several roles, but it’s not wise to spread yourself too thin where money is concerned. And even though...
How to Start A Business On A Limited Budget
So you have a great business idea and are convinced you can make it work, but you don’t have much capital to get your business off the ground. Juggling existing financial commitments such as a mortgage or bank loans could put a squeeze on your business plans. A growing number of entrepreneurs...
Setting Business Financial Goals for 2023
Businesses tend to progress more consistently if the owner sets financial goals and makes a plan to achieve them. The new year is a natural time to decide what you want to achieve and how. With that in mind, read on to learn the steps for setting financial goals for your business...
Business Tips For The End of The Year
The end of the year tends to be a bit chaotic for business owners, but it’s actually a good time to get some extra housekeeping done for your business. Read on for some tips to help you finish the year neatly and feel prepared to face the new year.
Employee vs Contractor – What You Need to Know
Depending on the nature of your business, you may have workers who are employees or contractors, or you may have both. Each has their merits, but it’s important to review which are which in order to meet your tax obligations.
When you have an employee, you must withhold income...
5 Common Payroll Implementation Errors You Can Easily Avoid
Upgrading or changing your payroll system comes with a ton of wonderful benefits. Saving time and money, making everyone’s lives easier, and better integration are all good reasons to consider a change.
But if the switch is mishandled, the results can be catastrophic and lead to long-lasting problems. Read...
5 Ways to Be More Innovative in Your Business
Small business owners move through each day with a long to-do list. One such item is to be continually innovative. They understand that if they stop creating, tweaking, and producing, their business is in jeopardy. If you are a business owner, you know this. Yet, how can you be more innovative with...
Time Blocking vs Time Boxing, Other Techniques, and How It All Fits Together
In a world with endless distractions, it’s no wonder that we find it difficult to complete tasks. Focus is hard to come by these days.
This is especially true when you’re working from home. Household tasks that would otherwise be out of sight and out of mind are suddenly...