Posts by Jessa Varghese
How to Build Good Business Credit
When it comes to the importance of building good business credit, it can be helpful to think of that family member who is always asking for money. There’s at least one in every family. The problem is the one who’s always asking to “borrow” money, is the one who is least likely to be able…
Read MoreWhat Are Business Investments? Are They a Good Idea?
If you’re wary of investing in your business, it might be because, when you think of spending money you’re not sure will pay off, you think of someone like Jean Ralphio and Tom Haverford in the show “Parks and Rec” spending money on ridiculous things (like a limousine with a hot tub) because they’re all…
Read MoreAccounting Is the Language of Business
Have you ever walked into a doctor’s office and felt like you entered a different world? Not only are there instruments and appliances you never see anywhere else, but the people in there seem to use a different language, especially when they talk to each other. Your doctor could be talking to you in English…
Read MoreWhy an Excel Spreadsheet Is Not an Accounting System
Depending on your age, you might remember the days when buying things had to be done in person or over the phone, rather than online. You would take your items up to the counter, and after reviewing your purchases, the clerk would pull out a big, leatherbound book to mark down what you were buying…
Read MoreCan Accounting Be Automated?
The robots are coming for all our jobs and the world as we know it will soon devolve into a dystopian nightmare involving an epic battle between humans and the machines. OK, probably not, but now that I have your attention, let’s talk about the impact of AI on your accounting. While AI is nowhere…
Read MoreIs There Such a Thing as Good Debt in Business?
One of the first things we learn about managing money is the importance of budgeting and making sure we’re not spending more than we have. Tied into that lesson is the idea of “debt” as a kind of bad word. We tend to think of it as something to be avoided at all costs. But…
Read MoreDIY Bookkeeping vs Hiring a Professional: Pros and Cons
If you’ve reached that stage in your business where you can no longer keep wearing all the hats and grow your business, one of the first things you should outsource is your bookkeeping. While some people are more than happy to hand their bookkeeping off to a professional, others tend to be more hesitant. After…
Read MoreBookkeeping and Business Growth: How They Go Hand-in-Hand
When most people think of business growth, they usually think about something like sales or marketing – something that plays a direct role in bringing money into the business. But keeping track of your money is just as important as bringing it in. For example, tracking your money can help you keep more of it…
Read MoreWho Needs Bookkeeping Services?
I’ve never heard anyone say they started their business so they can do bookkeeping. Most people start their own businesses because they love doing the work the business was set up to do. Unfortunately, that’s just a small part of owning a business. Another important part is tracking your income and expenses so you can…
Read More3 Tasks for You & Your CPA to Complete Before Tax Time
When people think of tax time approaching, no one thinks of relaxing in a bubble bath, surrounded by candles and soothing music.There are many reasons people get stressed out over filing their taxes. For starters, it’s one of the most complicated tax systems in the world. None of us are able to sit down, answer…
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