Perhaps you’ve dreamed about running your own nonprofit, and you’ve finally reached a place in life where you can make it come true. It’s important to do your research before starting this process – getting a nonprofit off the ground takes a lot of work! Thankfully, you can rely on services like Reconciled to simplify bookkeeping and other financial processes with QuickBooks. Here are some basic steps you’ll need to take in setting up a nonprofit.
Contract negotiations are an essential part of every business owner’s responsibilities.
However, if you’re new to the business world, understanding contracts can seem intimidating and tricky. But the reality is that contract negotiations are an effective way to ensure you get what you want in business and further dealmaking. Want to learn about how to understand, create, and successfully negotiate contracts? Small Business Bookkeeping Blog shares the details below.
Individuals with disabilities are almost twice as likely to be self-employed as those without disabilities. Owning your own business is time-consuming and requires a lot of effort, and so does parenting. Balancing these needs is tough but far from impossible. Some simple tips and ideas help get you started on the right foot.
How do you know when the time is right to sell your business?
Although there’s no single answer to this complex question, Forbes notes that there’s a strong consensus on several sets of circumstances that indicate it’s time to sell your business.
Take a look at five scenarios that could mean the right time to sell your operation is now.
If you operate one or more businesses, you may have taken out loans and other types of business debt to finance your operations.
Although this is a common route for business owners to take, if you’ve accrued excessive amounts of debt, you may start to feel the pinch in your daily operating budget. Fortunately, you can address your accounting issues with the help of Reconciled. Then, you can get your business out of debt while building long-term financial health for the company. Whether your headquarters is in Burlington, Vermont, or Tampa, Florida, these five tips may help.
Employers are always looking for new ways to attract talent.
However, many forget the importance of benefits once they staff on board. It’s common to offer retirement plans, health insurance, and paid time off, but what about benefits employees can take advantage of on a day-to-day basis?
Benefits such as fitness classes, counseling sessions, and on-site amenities can help manage work-related stress and promote healthy lifestyles among employees while also boosting morale and productivity. Below, I share several options for new and innovative benefits to offer your workers.
Due to the global spread of COVID-19, over 34% of Americans find themselves out of work or with finances askew due to the pandemic’s toll.
Looking to get back into work or make some extra cash on the side? You’ve likely trawled through hundreds of different strategies to make money online. But these strategies come with a catch – you either need unique skills, talent, or lots of resources and capital.
In this article, we walk you through tangible tips you can implement today.
Fiscal management is a major component of small business ownership.
Even if you outsource in this area, knowing the ins and outs of your company’s finances and being educated enough to double-check your ledgers will help ensure you always know the financial health of your business. This is especially important when it comes to paying taxes, managing a budget, and being prepared for unanticipated financial issues. Reconciled can help with your accounting and bookkeeping to help you avoid tax troubles.
If you spent years growing your small business, but recently concluded that you would have to close your doors, you may be wondering what to do next. From taking good care of yourself to organizing your finances, being proactive can help you get back on your feet. Here are a few steps on how to recover from your small business closure and fix your eyes on the future.
Bookkeeping might seem like a lot of paperwork, but it doesn’t have to be so manual and difficult.
The bookkeeping tech stack we use for our clients makes it easy for them to keep their bills, invoices, and receipts organized. Also, it allows us to get data in a more real-time manner. This lets us give our clients the most accurate books possible! Here are some of our favorite apps from our bookkeeping tech stack.