Your Bookkeeping Company – Small business is big business in the U.S. As of June of this year, Florida has 1,633,574 small businesses, with 444, 0666 of them having employees. If a small business is in your near future too, it’s important you understand the various business structures since they all have their own legal and tax implications.
Small Business Loan Process Whether you’re starting a business or have been operating for a few years, there’s probably a time you’ve thought of applying for a small business loan. At Your Bookkeeping Department , the topic of borrowing capital comes up pretty often.
Most small business owners are passionate about their company and the offerings it provides to the masses, always looking to improve the connection between their brand or product with their customer base. However, being great entrepreneurs doesn’t make them great bookkeepers.
Examples of Prepaid Expenses - When you own a business, it may be hard for you to figure out your profit. In fact, it’s quite easy to keep track of with good bookkeeping techniques such as balance sheets. A balance sheet helps account for liabilities and assets. Liabilities are what you need to…