Keeping a steady cash flow is a key element for business success, yet it’s one of the most challenging aspects for many small businesses to master. In fact, according to a study by the U.S. Bank, 82% of business failures are due to poor cash flow management skills or...
Bookkeeping can either be a tool that empowers your business or a source of significant stress. In fact, according to a recent study by Clutch, 61% of small businesses believe that their bookkeeping and accounting skills are insufficient to maintain healthy financial...
Bookkeeping is one of the most critical yet often overlooked aspects of running a small business. According to a survey by SCORE, 82% of small businesses fail due to cash flow mismanagement. Many of these failures stem from poor bookkeeping practices, which can lead...
Introduction If you’ve been running your business for a while, you’ve likely experienced the stress of falling behind on bookkeeping. According to a survey by Intuit, 64% of small business owners feel they are not equipped to handle their financial needs, and one of...
Introduction Running a business is no easy feat, and for many entrepreneurs, bookkeeping is one of the most challenging tasks. In fact, a study by Clutch revealed that 39% of small businesses rely on manual bookkeeping methods, which often leads to errors, missed...
Bookkeeping is one of the most essential yet challenging aspects of running a small business. A survey by SCORE found that 40% of small business owners consider bookkeeping and taxes the most difficult parts of their operations. Of those, 29% spend over 10 hours a...