For small businesses, falling behind on bookkeeping is not just a minor inconvenience—it’s a financial risk that can lead to penalties and even threaten the sustainability of the business. According to the National Small Business Association, nearly 50% of small...
In the fast-paced world of freelancing and contracting, financial management can often take a back seat. According to a survey by the Small Business Administration (SBA), 60% of freelancers spend more time on administrative tasks than actually doing the work they...
The Importance of Catch-Up Bookkeeping Managing accurate financial records is crucial for every business, but sometimes, bookkeeping can fall behind. According to a survey by the National Small Business Association, 40% of small businesses find bookkeeping and...
IntroductionAccording to a survey by SCORE, a network of mentors to America’s small businesses, 40% of small business owners feel that bookkeeping and taxes are the most challenging aspects of running a business. For new business owners, managing financial...
According to a study by the National Small Business Association (NSBA), nearly one-third of small business owners cite administrative tasks like bookkeeping as a significant challenge, especially when falling behind. Delayed financial management can lead to missed...