by Nolan Accounting | Sep 19, 2019 | Small Business Accounting
It’s common for new small business owners to assume they don’t need an accountant because the company is small enough for them to handle everything on their own. However, just because someone has strong business skills in starting and expanding a business...
by Nolan Accounting | Aug 21, 2019 | Small Business Accounting
The whole point of going into business for yourself was to have greater control over your own income. Before your business can collect any money, however, it needs to send invoices to customers that have already received goods or services. Unfortunately, this process...
by Nolan Accounting | Aug 1, 2019 | Expenses
If your employees routinely spend their own money to purchase business-related items and then request reimbursement for them, it’s important to have an established policy for what’s covered and how to request money. This will save your accounting...
by Nolan Accounting | Jul 5, 2019 | Small Business Accounting
It’s essential for all business owners to know at least 12 basic accounting terms. This ensures you can speak with authority to anyone who asks financial questions about your business. Here are the accounting terms we recommend: Assets Assets include...
by Nolan Accounting | May 31, 2019 | Small Business Accounting
While producing goods and services and optimizing the customer experience should be top priorities, there’s something else that needs your attention. The number one reason that small businesses fail is financial in nature, so your company should pay close...