Best Practices

As a business owner, you likely have your hand in all areas of your business, including your accounting. Managing your business’s finances can be overwhelming and time-consuming, especially if you’re not well-versed in accounting best practices. From maintaining accurate financial records to performing regular financial analysis, there are numerous tasks that need to be performed […]

Understanding the basics of financial statements is an important skill for any business owner. By having a basic understanding of the three main financial statements – balance sheet, income statement, and cash flow statement – you are able to see a clear picture of your company’s financial health and make informed financial decisions.  However, not […]

If you’re in business, you’ve likely heard the term KPIs thrown around regularly. But what are KPIs? In this article, we explore what KPIs (key performance indicators) are, their importance, how to write them, and key examples. What are KPIs? Key performance indicators, or KPIs, are quantifiable or measurable values that are used to evaluate […]

It’s a wise practice to implement a year-end business review as a part of your end of year routine. While it’s exciting to look forward and plan for the year ahead, how will you know how to effectively create a plan if you fail to first look back at this year? Without conducting a year-end […]

Learn how to clean up your books in order to prepare for a strong end to your year.  Business owners often have the best of intentions to stay on top of their own accounting and maintain accurate financial records. However, busy schedules and other pressing responsibilities can leave your accounting tasks on the backburner. You […]

Onboarding new hires successfully can be a challenge for business owners. Successful onboarding goes beyond just filling out all of the necessary paperwork and requires intentionality. In this article, we discuss best practices to successfully onboard new hires to your company.  One key to having a successful business is having high-quality employees. In order to […]

Whether you are hiring your first employee or your 15th, it’s important to ensure that you are prepared before setting out to add your next team member. As a small business owner, you might not know where to begin with the hiring process, especially if you haven’t had experience in HR. If you’re in the […]

Conducting a mid-year review of your business gives you an opportunity to objectively assess the current state of your business and implement any necessary changes. And now that Q2 is coming to an end, it is the time to prepare for and conduct your business’ mid-year review.  There are numerous benefits to conducting a mid-year […]