3 Ways to Modernize Your Accounting Services
It is 2020, and the world is all about using technology to make life easier. For accounting firms, this means making everything easy and intuitive for your clients. In today’s climate, clients will gladly move on to the next CPA if your services are too complicated. So, how can you modernize your accounting services to […]
Two Legal Tips for Forming an LLC & Associated Business Entities
The term LLC stands for “limited liability company.” As the name suggests, there are definite legal and financial benefits to forming an LLC. However, creating a new LLC must be done properly in order for your business to remain compliant with federal and state laws and avoid penalties. Here are 2 legal tips on how […]
Why Blockchain Security Is Important for Accounting Firms
Blockchain is brimming with potential. From hedge funds to forecasting to supply chains, blockchain is making waves in dozens of varying industries, revolutionizing how information is stored and shared. The world of accounting is no exception. Blockchain presents the accounting industry with the technology to provide unprecedented levels of efficiency, clarity, and most importantly security. […]
Three Tips for Performing a Breakeven Analysis
As a new business owner, one of the things you will have to do is a break-even analysis. A break-even analysis will predict when your business will earn enough revenue to cover the expenses. For an accurate analysis, you will need to predict what your costs and profits will be. Here are some tips to […]