• Questions to Ask Before Choosing a CPA For Your Business

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    A Certified Public Accountant is essential to the financial administration of any business, large or small.  Bookkeeping is necessary organization, but a CPA goes beyond this function. Not all CPAs are going to be right for your business.  Everyone you know will probably offer eager recommendations and those are a good start but getting the…

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    Brace Yourself! The 2019 Budgeting and Business Planning Season is Here

    Conceptual budget planning

    We can hear your groans from way over here, but budgeting and planning are necessities when you’re running a business. Sure, you’re busy.  Your world spins a little faster than a lot of people’s because you’re an entrepreneur.  But you’re a smart entrepreneur – which is why you’re here, reading this. If you’ve been putting…

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    Reasons to Use Time Tracking Even if You Charge a Flat Rate

    Business money and time tracking

    You’re a devoted adherent of the “flat rate” pricing structure.  It’s easy.  What you see is what you get and you deftly avoid the administrative headaches associated with tracking the hours of your team. But to know the true value of your services, time tracking is a useful tool.  Here are a few reasons to…

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    Key Financial Performance Indicators You Should Be Tracking

    Conceptual business and financial growth

    Key Performance indicators let you know how you’re doing – for real.  These tracking and measurement tools paint a picture of your organization’s true financial wellbeing. With the information provided by KPIs, you’re able to see where your weaknesses and strengths are, allowing you to make critical course corrections that save the ship from running…

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    How to Scale Internal Controls as Your Company Grows

    Internal controls checking balance sheet reports

    Most entrepreneurial efforts are boiler room operations at their earliest layer.  The principals are usually friends or close business associates, so there’s a lot of trust and excitement. And those early days are often very informal when it comes to keeping track of what’s coming in and going out. But the early days are when…

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    Tried and True Tips for Fixing Your Business’s Cash Flow Problems

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    Money waxes and wanes.  Like the tides, it comes in and goes out and sometimes, the tide leaves you high and dry – just surviving. Cash flow problems are a normal phenomenon when you’re doing business.  But you can fix the problem with some smart tweaks to stop them having their way with your business.…

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    The True Cost of Hiring an Employee in 2018

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    Retention is a big issue these days.  One of the reasons being that this market is heavily weighted in the employee’s favor.  Another is that when an employee leaves and a new employee is onboard to fill the position vacant, it’s one heck of a big investment of both time and money. And there are…

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    New Jersey Bookkeeping Basics: 6 Key Financial Terms Everyone Should Know

    Bookkeeping and accounting terms

    So, you’re not a bean counter.  That’s OK.  It’s not like everyone can be like the financial wizards at Norton! No one is born knowing everything and sometimes, the language used in the world of finance can be bewildering – even alienating. In this episode of New Jersey Bookkeeping Basics:  6 key financial terms everyone…

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    Can You Deduct Cell Phone Expenses for Your Small Business?

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    Cellphones have been the subject of uncertainty on the part of the IRS for some time, now.  Originally falling under the category listed property they were deductible, but with rigorous reporting provisions on the part of the Agency. But in 2010, cell phones were removed from listed property under The Small Business Jobs Act.  Expenses…

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    New Jersey Bookkeeping Tip: Things You Need to Know About Robo-Advisors

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    Robo advisors may seem like a futuristic way to invest your money, but they’re quite practical.  If you’re an investor who wants to avoid the high price of a human advisor, a robotic one would seem to be just the ticket. We’re offering this New Jersey Bookkeeping tip:  things you need to know about robo-advisors,…

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