Running out of money is one of the biggest killers of new businesses. To keep your startup alive and growing, avoid these five common financial mistakes. 1. Having insufficient capital reserves. Everyone knows that it takes money to get a business up and running. But sometimes entrepreneurs focus … [Read more...]
10 Steps to Help your Company Go Paperless
Transitioning your office to an environmentally-friendly approach is proven to save money by reducing the costs associated with paper usage. With the average office worker using approximately 10,000 sheets of paper each year, the original cost of the paper isn’t the main issue. There are additional … [Read more...]
5 Tips to Integrating New Accounting Solutions with Your Existing System
Integrating a new accounting solution with a pre-existing system can seem pretty daunting at first. This is normal for both businesses and individuals that need to handle a lot of financial data. However, with a little guidance and practice, the integration process can go smoothly. Listed below are … [Read more...]
How Outsourced Bookkeeping Services Can Keep Overhead Costs Down
When running a business, it can be difficult to keep certain overhead costs to a minimum. With a few of our suggestions below, you’ll be able to cut down on some of those overhead costs, as well as gain a few other benefits. If you haven’t already, consider outsourcing the work! Read on to see how … [Read more...]
How to Pick the Best Accounting Service in San Diego
Selecting an account service for your business in San Diego may feel like a daunting task at first, but it’s a very important part of making sure your business runs well. Although you could go the traditional way of entering in financial data into physical log books and ledgers with a pencil, it’s … [Read more...]
The ABC’s of Proper QuickBooks Maintenance
Whether you’re a veteran or beginner QuickBooks user, and whether you’re a sole-proprietor or a business owner overseeing multiple employees, there are a number of tips, suggestions, and guidelines for using QuickBooks effectively and efficiently. These will help you spend less time managing your … [Read more...]
Hurdles CFOs Must Jump Over to Succeed
Let’s face it: both in appearance and in actuality, CFOs are largely responsible for a company’s profile. Stakeholders large and small look to them for confidence and leadership. Like CEOs, they have to project the kind of competence that inspires - but they also have to get their hands dirty and … [Read more...]
10 Myths About Tax Prep
Death and taxes being as inevitable as they are in life, there are always plenty of myths concerning them both. It’s human nature to want to get around things that are fundamentally straightforward. And while we don’t have much to tell you about the afterlife, we can tell you what you shouldn’t be … [Read more...]
Why We Love Tax Day and You Should Too
Although the vast majority of Americans, roughly 56 percent according to Pew Research Center, hate doing their taxes, we are among the small majority who love tax season. While only 29 percent like doing taxes and only 5 percent generally love filing taxes, we look forward to tax season every year … [Read more...]
Checklist for Closing Your Accounting Books for Year End
If you are just now starting to close out your books for last year, you may be a little panicked because you’re a bit behind. Don’t stress out too much though—Back Office Support Solutions is here to help you. Not only can we offer you this checklist for closing your company’s books, but we can also … [Read more...]
