Tag Archives: fabs

Is One Business Bank Account Enough?

The short answer is yes, it can be.  I work with many solopreneurs who have only one business bank account and it works well for them.  However, if you struggle to maintain an adequate balance in that account, or to pay yourself, your employees, or your taxes then opening another account or two maybe the… 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 »

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 »