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 | 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...
by Nolan Accounting | Apr 30, 2019 | Small Business Accounting
Running a small business can be tough, and the five-year survival rate for small firms isn’t encouraging. According to the Small Business Administration, the number one reason that these businesses fail is due to cash flow problems. Even though there have been...