The Benefits of Small Business Credit Cards

by John Reddall | Feb 16, 2024 | Accounting

Is a business credit card the right move for your business? The proper use of a credit card has the same rules for business or personal use. If managed properly, credit cards used for business purposes can benefit small businesses. Benefits of Business Credit...

Year-End Small Business Tasks

by John Reddall | Dec 24, 2022 | Accounting, Tax

As we enter the new year, many small business owners focus on tax obligations and how they can reduce the current year’s taxes. However, after the year is over, little can be done to change a business’s tax situation. It is best to get a jump start on next year’s...

What’s the Difference Between a CFO and a Controller?

by John Reddall | Oct 14, 2022 | Accounting

Three common roles in a company have the most influence over financial affairs and functions: the Certified Public Accountant, the Chief Financial Officer, and the Controller. Some might find it difficult to know the difference between a CFO and a Controller. These...

When Should My Business Hire a Controller?

by John Reddall | Sep 22, 2022 | Accounting

The best time to hire a financial Controller depends on the business’s size, current staffing, projected future growth, and organization of the firm’s accounting function. What Is a Controller? A Controller is an employee in a management position responsible for some...

Tips for Small Business Financial Management

by John Reddall | Aug 12, 2022 | Accounting

Small businesses exist for many reasons, but they all share 3 common purposes: They must be worth pursuing, as envisioned by the person or persons starting them Once pursued, they must continue To continue, they must earn a profit For a small business to succeed, it...

4 Reasons a Small Business Should Outsource Accounting

by John Reddall | Mar 26, 2022 | Accounting

When it comes to a business’s financials, much depends on the type of business and the needs and motivation of the business owner(s). Accounting is essential to all small businesses. Many small businesses that pay little or no attention to their accounting...