INSIGHTS
Small business financial strategy, without the finance-speak.
Bookkeeping best practices, tax planning that keeps money in your business, payroll compliance, and fractional CFO thinking. The small business accounting blog is written by the team that handles this work for businesses every day, in plain English, without the fluff.
Mastering Financial Management: The Key to Business Success
Managing finances effectively is crucial for any business aiming to thrive in today’s competitive landscape. Financial management impacts every aspect of a business, from daily operations to...
Navigating Minnesota’s New Worker Misclassification Laws: What Businesses Need to Know
The Importance of Proper Worker Classification In Minnesota, the landscape of worker classification has significantly changed with new laws that impose strict penalties for misclassifying employees...
Weathering the Storm: Essential Disaster Preparedness Tips for Your Business
In an era where natural disasters and severe weather events are becoming increasingly frequent and unpredictable, businesses must be more prepared than ever. Financial resilience and a robust...
Understanding the Taxability of Nutritional Supplements for Chiropractors
For chiropractors, knowing the taxability of the products they sell is crucial. One common product category that often causes confusion is nutritional supplements. Here's what you need to know:...
Efficient Management of Accounts Payables and Accounts Receivables: A Guide for Small Businesses
The Backbone of Business Financial Health In the dynamic landscape of small business operations, the concepts of accounts payables (AP) and accounts receivables (AR) serve as fundamental pillars...
Navigating New Legislation Impacting Minnesota’s Hospitality Industry in 2024
As 2024 unfolds, Minnesota's hospitality industry faces a dynamic and evolving legislative landscape. Staying informed and proactive is essential for businesses to remain compliant and strategically...
Unlocking Growth: How the New SBA Working Capital Pilot Program Empowers Small Businesses
Empowering Small Businesses with New Financial Tools The Biden-Harris administration has introduced the Working Capital Pilot Program (WCP) through the U.S. Small Business Administration (SBA). This...
The Essential Guide to Debits and Credits in Accounting
Understanding the principles of debits and credits is crucial for anyone involved in accounting. These concepts form the core of the double-entry bookkeeping system, vital for maintaining accurate...
Unlock New Opportunities with the Minnesota PROMISE Act: Grant and Loan Programs Now Open
The Minnesota PROMISE Act is a lifeline for small businesses in the Minneapolis/St. Paul area, offering crucial financial support to those affected by economic and social challenges. Today marks the...
The Sweet Truth: Understanding Minnesota’s Soft Drink Tax
Are you a retailer or restaurant owner in Minnesota, wondering how the state's sales tax applies to your products? Let's explore one fascinating aspect of Minnesota's Department of Revenue...
Best Practices for Tracking Expenses as a Business
The Importance of Expense Tracking Effective expense tracking is crucial for the financial health and growth of any business. Properly managing your expenses ensures you have a clear picture of your...
Tax Trek: Navigating Minnesota’s Seafood & Meat Maze
Attention, Minnesota food vendors! Are you aware of the nuanced tax implications surrounding ready-to-eat meat and seafood sales? Let's delve into a lesser-known aspect of Minnesota's Department of...
Wondering what any of this looks like for your business?
The articles cover the general principles. Every business has specific details. If you’d like to bring yours to a 30-minute conversation, we’ll listen first, then only recommend what actually fits.
