What’s the difference between bookkeeping and accounting? If you are like most small business owners you toss them around interchangeably. While their areas of expertise and tasks CAN crossover, there are some important clarifications to consider when deciding which you need and for which tasks. Going...
Most small business owners spend their time looking at finances from the past because they have to. You have to do some type of bookkeeping for tax purposes. You want to be able to take your deductions and you’re required to have some record of income...
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Ever wish you had a CFO in your restaurant to help you run the business? If you’re a restaurant owner, you most likely know the drill of making sure you have enough cash to cover payroll, sales tax and rent. Maybe you finally had a killer...
Poor communication is among the biggest concerns businesses have when outsourcing their books to a remote agency. Business owners who are familiar with the outsourcing process understand that communication between yourself, your staff, and your agency isn’t as convenient as walking across the hall and...
In this Two Roads Tip, Bill Piper warns small businesses about the three profit thieves we see most often in the accounts of new clients we onboard. 1. Redundant Expenses Redundant expenses happen when anyone switches over services (like Internet providers or cell phone carriers) without canceling...
[caption id="attachment_15627" align="alignright" width="300"] Drew McDonald with Massimo Bottura who's restaurant (Osteria Francescana) was named #1 in the world in 2016.[/caption] This month celebrates our company’s 6th year of being in business. We know we would not be the firm we are today without our outstanding...
It’s no secret that we live in a fast-paced society and it seems that technology has set the pace. Everywhere you go, people are looking down, thumbing through photos, scrolling down their newsfeeds, only looking up to take a selfie. This kind of behavior makes...
One of the hardest things for businesses to keep track of are the different taxes that are due throughout the year. For your convenience, we’ve compiled a comprehensive list, so you’ll never miss a deadline again!...
One of the things we love most is when our Partners succeed in doing what they love. For Dr. Sara Nelson and her team at Freedom Chiropractic, this is empowering others to live a happy and healthy life free from pain. Freedom Chiropractic received AMPED’s Office...
We are very pleased to announce that we have been named by Hubdoc as a Top 50 Cloud Accountant for the 2nd year in a row! We deeply respect the folks over at Hubdoc for how they are helping small business owners get more...
