Bookkeeping and accounting are not the same. Learn the key differences and how to easily manage your small business’s bookkeeping in this complete guide. We’ll cover basic bookkeeping tips, discuss how bookkeeping and accounting differ, and walk you through the various accounting methods available. Read on!
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At the end of the day, a successful business has successful finances, which means you need to stay on top of your accounting and bookkeeping. Read on for a look at which tasks you should be performing on a weekly basis, and which need to be done daily. We’ll also discuss when apps for inventory, payroll, and accounting can help make it easier to do the books.
With nearly 700,000 customers and an A+ rating from the Better Business Bureau, ADP is a leading payroll and HR service provider. Although ADP works hard to develop customized solutions for small businesses, it’s helpful to determine which plan best aligns with your needs and budget. Read on to explore how ADP software compares across plans.
Wondering about payroll deductions for your small business? Payroll deductions can be mandatory or voluntary, and differ in whether they need to be made pre- or post-tax. To help make sense of it all, this guide will introduce common payroll deductions, break down their requirements, and explore methods for calculating federal withholdings.
Whether you already own a trucking business or are pursuing a new venture, you’ll likely need financing or seed funding at some point. Existing businesses may need capital to fund expansion efforts or maintain payroll when cash flow is down. Read on for a look at the best grants and funding options for trucking companies.
Small business owners are no stranger to the need to be self-sufficient and balance competing tasks. Some responsibilities, such as paying taxes and employees, are difficult to complete without proper planning. Additionally, there are many legal and financial risks for not fulfilling these obligations, especially in the state of Maryland. We know time is precious, so we’ve broken down the essential regulation and steps needed to complete payroll for small businesses in Maryland.
The more complex details of payroll and payroll taxes can be time-consuming and confusing, but they are absolutely essential for avoiding legal issues and penalties. We know small businesses have plenty on their plate already, so in this article, we’ve broken down all the steps involved in doing payroll in New York State — and the key regulations to be aware of. Ready to learn how to do payroll in New York? Read on!
Is A Debt Covenant A Dealbreaker? What Covenants Are & Why They’re Required For Small Business Loans
When internal capital isn’t enough to cover costs, many small businesses take out loans. Before diving in and taking on debt, it’s helpful to familiarize yourself with some of the more complicated terms and lingo you’ll encounter when searching for small business loans. A debt covenant is one such term you will likely come across. Let’s take an in-depth look at what debt covenants mean for a small business loan, why they’re used, and how to determine if their conditions are a fit for your needs.