S-corp, Partnership, or C-corp: Which is right for your small business growth?
According to the Bureau of Economic Analysis, S corporations account for 76.8% of corporations with less than 500 employees and 37.3% of corporations...
small business accounting (6)
How to Grow Your Small Business Through Mergers and Acquisitions
As part of our continuing series on how to grow your small business the right way, today we look at mergers and acquisitions. Acquisitions can be a...
Why a CPA should be the first hire at your startup
It may not be where your hiring strategy goes first, but it should be. 90% of start ups fail. Often that’s because owners see it as their duty to do...
Managing your business growth organically
Growth should be a goal of any business. That said, not all growth is created equal. If not done correctly, it can be downright dangerous. One study...
Supply chain issues aren't always bad for auto repair shops
Why auto repair shops often benefit from uncertainty in the supply chain — and how to make sure your shop is one of them. Supply chain issues have...
What a recession might mean for your restaurant
A recession is bad for all businesses but can be especially rough on restaurants. Margins are already tight, and staffing issues can often compound...
How to read your financial statements as a small business owner
It’s easy to want to skip to the "bottom line" of your financial statements, but like any great story, you’ll need context for the ending to make...
How to Recession-Proof Your Business
We’ve got an overheated economy and a bear market. IF we reach a recession this year, is your business ready? No one wants a recession, especially...
How to Organize Your Auto Repair Shop Income Statement
Out of all of the important components of accounting that your auto repair shop needs to thrive in today's market, an income statement is among the...
Why Shop Owners Are Outsourcing Their Automotive Payroll
In the past, auto shop owners had to create their own payroll and accounting processes from scratch. Without an established framework for handling...
Are You Making These Costly Auto Shop Accounting Mistakes?
Simple accounting mistakes can impact your auto shop more than you realize. Rather than having additional funds at the ready to allocate towards...
How OCR and Accounting Software Make Bookkeeping a Breeze
If you've ever spent hours sorting through receipts and typing up numbers into your accounting software, you know that bookkeeping isn’t always the...