Tag Archives: accounting

4 Common Bookkeeping Mistakes and How to Avoid Them

You probably already know that losing money is far easier than earning it. Running a business — even a one-person shop — and making money is not for the faint of heart. It takes a lot of work; you have to love what you do to have a shot at being successful. And when we… Read More »

Grow Your Business without Working 24/7

I’ve talked to so many business owners who want to grow their business but aren’t sure how because they are already so BUSY!  They cannot even imagine how they would find the time to take on more, but they know that if they figure it out, they could potentially see massive growth.  Does this sound… Read More »

6 Things to Outsource to Save You Money This Year

Most small businesses start out on a budget and the small business owner tries to save money wherever they can, which means doing a lot of tasks themselves.  This can seem like cost savings at the time but in truth it can cost the business a lot of money in the long run.  Here are… Read More »

What you need to know about the new 1099-NEC

If you own a business or are a freelancer/subcontractor to businesses, you are most likely very familiar with the 1099-MISC form.  This form has been used for the past 30+ years to report certain payments including payments to subcontractors, freelancers, service providers, landlords and attorneys. As if there haven’t been enough changes in 2020, there… Read More »

When An Expense Isn’t An Expense

  As business owners and freelancers, we pay a lot of different vendors for a lot of different things.  Most of these payments wind up on our Profit & Loss / Income Statement as expenses.  But there are a few that do not.  And these are usually the ones I get asked about.  “Why isn’t… Read More »

5 Reasons You Should Take Time Off

“I haven’t had a vacation in years.”, is a sentence I’ve heard many clients and potential clients state throughout the years I’ve been in business.  As a small business owner myself, I understand how difficult it can be, especially if you are a one-person operation, to take time off.  You feel guilty that you’re thinking… Read More »