Posts Tagged ‘bookkeeping’
Maximizing Profitability: How Your Accounting Team Can Help Your Construction Firm Reduce Overhead Costs
In the competitive world of contracting and construction, controlling overhead costs is crucial for maintaining profitability and staying ahead. Now is an important time for contractors and construction firms to take stock of overhead expenses and manage them to ensure profitability. Your accounting team plays a vital role in this process, as they possess the…
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Outsourcing: Get a Team Behind Your Business
Fall is here and the end of the third quarter is here for business owners. As you look to the end of the year it may also be a good time to evaluate how you are spending your time. What tasks are you completing that may not be the best use of your time? What…
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Fall in Love with your Accounting Again
Every business owner knows the importance of good accounting in their business. However, it is easy not to love your accounting, accountant, or any other part of that side of the business. Do you ever feel that way? Confused and frustrated every time you have to deal with your business’s accounting. Here at Devine, we…
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Loan vs Line of Credit: What is best for your business
When you own a business, there are a lot of different things you have to decide on. One of those decisions can be about borrowing money. This is always a sensitive topic, and it can be difficult to know what to do. Two common options for business owners looking to borrow money are loans and…
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Invoicing Tips
Invoicing is a crucial part of running any business. If you compare your business to the human body, invoices would be the nutrition your body needs to keep running. Your invoicing process is a very important detail that would be a mistake to overlook. Today we are going to review some important factors when you…
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4 Reasons Why You Should Move Your Accounting Out of Excel
When you start your own business sometimes the accounting functions are the last thing on your mind. So, you start recording everything the only way you know how, in an Excel spreadsheet. But as you grow, this will become more complicated and an inefficient way for your accounting to be run. Today we are going…
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Tax Season Preparation is Madness
The NCAA’s March Madness is an exciting time for many people. With the best in the NCAA competing for the title of champion, it is easy to get sucked into the development of the bracket and lively game weekends. But for many people in the accounting world, March is a little mad for a different…
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Tips to Organization for Business Owners
As a business owner it is very easy to get overwhelmed and stressed. You are responsible for growing and running this business and its success depends on you. Not only do you have a business to focus on, but you also have your family and personal life too. One thing that is helpful to manage…
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Financial Reporting: Why Detailed Reporting is Key to Business Success
Financial management is already complicated if you don’t have a degree in accounting or haven’t worked in the field for many years. How can you be sure that your business is on the right track? The best way to get a detailed overview of your business is to have accurate financial reporting. Having detailed financial…
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3 Reasons Your Accounting Software Should be Cloud-Based
1. You can access your information from anywhere, even your phone. Sometimes change can be difficult. One topic that most business owners ask us is about the cloud and how it can benefit their business’s accounting. Jennifer Devine, CEO of Devine Consulting, broke down three major benefits to moving your accounting software to the cloud! Your accounting software should work with you, not against you.…
Read MorePreparing for 1099
With tax season approaching, it is time to start thinking about 1099s. Today we are exploring some helpful tips to prepare yourself for 1099s this year and in the future. It is always best practice to get W-9s from all your vendors before you make the first payment to them. Whether they are returning or…
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Setting Your Business Apart from Your Competitors
Building a bookkeeping firm, or any firm for that matter, is a long and bumpy road, to say the least. There will be roadblocks along the way that are meant to slow you down, but finding your way around them will show your drive and passion as a business owner. It’s taken us a long…
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Keeping Business and Personal Finances Separate
You’ve taken the leap of faith and finally decided to turn your passion into profit. You’ve spent countless hours creating your brand that sets you apart from your competitors and met with your trusted team of professionals to help your startup business hit the ground running. You’re ready for that cash to start flowing! Wait,…
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Which Accounting Software is Best for Your Business?
When starting up a business, there are a plethora of tasks to complete before one even thinks about flipping on the “open” sign in the window and anxiously awaiting the first customer or client to stroll through the door. The never-ending list includes, but is not limited to, creating a business plan, figuring out financials,…
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Bookkeeping Options for Small Business Owners
Let’s face it, business owners do not start a business to be inundated by the bookkeeping and accounting process. They start a business to do something that they have experience and a passion for. Unfortunately, the accounting process cannot be avoided. Accurate financials are important when it comes to critical business decisions. How can one…
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