Bookkeepers, Bookkeeping, Bookkeeping mistakes, Catch up bookkeeping
Bookkeeping errors can sneak up on even the most diligent small business owners, and when left unchecked, they can snowball into significant financial challenges. A study by the Small Business Administration (SBA) found that poor financial management is one of the top...
Bookkeepers, Bookkeeping, Bookkeeping mistakes, Cash Flow, Tax Report
According to a study by SCORE, an organization that mentors small businesses, 82% of small businesses fail due to cash flow mismanagement, emphasizing the importance of maintaining accurate and organized financial records. Bookkeeping plays a crucial role in helping...
Bookkeeping, Bookkeeping Backlog, Bookkeeping mistakes, Catch up bookkeeping, Tax Report
Accurate bookkeeping is the cornerstone of a successful business, yet many small business owners struggle to maintain it. According to a 2022 study by Clutch, 25% of small businesses still rely on pen and paper for bookkeeping, while nearly 40% of businesses admit to...
Benefits of bookkeepers, Bookkeepers, Bookkeeping, Bookkeeping Backlog, Bookkeeping mistakes, Catch up bookkeeping, Tax Report
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...
Bookkeepers, Bookkeeping, Bookkeeping mistakes, Tax Report
Introduction Many small business owners take on the task of bookkeeping themselves, believing it will save money and give them greater control over their finances. However, according to a survey conducted by Clutch, nearly 40% of small business owners reported making...
Bookkeepers, Bookkeeping, Bookkeeping mistakes, Small business, Tax Report
In today’s digital age, businesses are increasingly turning to professional bookkeepers to manage their financial records. According to a survey by SCORE, a resource partner of the U.S. Small Business Administration, 82% of small businesses experience cash flow...
