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February 17, 2023
Outsourced Accounting

How Outsourced Accounting Helps Small Businesses Survive A Recession

The year 2022 saw the pandemic subside and record-high inflation steals the limelight. Believe it or not, the US is nearing a recession as the economy […]
February 14, 2023
how to make your business recession proof

How To Make Your Business Recession Proof In 2023

In the ever-volatile global economy, recessions remain a possibility. You cannot turn blind to the likelihood of an economic downturn and envision an ideal tomorrow. The […]
February 3, 2023

What Is Perpetuity? A Complete Guide

A security or bond that pays dividends or returns ad infinitum is perpetuity. In the business world, the term helps businesses know their market value and […]
February 2, 2023
what is a deferral in accounting

Deferral In Accounting Defined: What Is It & Why Use It?

Accrual-based accounting is the go-to method for public and private businesses as it is simple. However, tracking finances this way is easier said than done, as […]
January 26, 2023
marginal cost formula

What Is Marginal Cost, Its Formula, And How To Calculate It?

Small and medium businesses long for ways to win a competitive edge and beat the market. Economies of scale enable them to do the same and […]
January 19, 2023
what-is-cash-disbursements-journal

What Is Cash Disbursements Journal In Accounting?

You cannot overstate how vital cash disbursements journal is for small and medium-sized businesses. This journal records the cash payments made through a check, e-check, or […]
January 5, 2023
outsourcing cost

Cost Of Outsourcing And How It Can Help Your Business During Inflation

Business success relies upon the business owner’s ability to survive testing times and cope with rising costs. Inflation has led to the downfall of many firms […]
December 21, 2022
Trailing Twelve Months In Finance

Importance Of Trailing Twelve Months In Finance

Being a small business owner, it is extremely important to compile and report your financial data accurately. When you have complete clarity about your finances, you […]
December 16, 2022
W-9 tax form

What Is A W-9 Tax Form And How Is It Used?

A W-9 tax form, in a nutshell, is a form that is used by a person to report a certain kind of taxable income. This form […]