In Salt Lake City, as in most places, mismanaged finances are one of the leading reasons why good businesses fail. Having good financial skills and proper bookkeeping for your business are essential if your business is going to succeed. If your small business has plateaued and especially if you are beginning to see a dip Read More
If you’re a new business owner or an aspiring freelancer who’s just getting started in business, you’ve probably heard the terms bookkeeping and business accounting by now. Are you familiar with what they are? Both of them are things that are essential for businesses because business finances have to be allocated into many areas, and Read More
Starting your own business can be a daunting process. For many entrepreneurs who have passion and expertise for what they do, navigating the legal and financial landscapes of business creation and ownership can feel rather new and unfamiliar. If you’ve spent time honing skills and now you would like to start a business around these Read More
If you’ve ever been in a budget meeting or looked at your company’s financial statements, you’ve probably hear a lot of talk about the fiscal year of the organization, but what does that really mean? What Is A Fiscal Year? In general terms, the fiscal year is the 12 consecutive months for a which a Read More
Do you enjoy paying taxes? If you’re like most people, you hate taxes. Most people must only file a personal tax return. However, if you own a business, you must file both personal and business taxes. Of course, both types of taxes differ in many ways. Continue reading to learn what makes filing personal taxes Read More
When you start your own business and look into all the ways you can save money, cutting overhead costs are certainly important, and you’ve probably looked at ways to save money on operations from marketing to accounting. But when it comes to accounting, that may be an area you should budget for because the money Read More