If you’re a business owner, you’ve likely heard some buzz about the Beneficial Ownership Information (BOI) report—a key component of the Corporate Transparency Act (CTA). Let’s break down the latest updates and what they mean for you.

As the year draws to a close, it’s the perfect time to pause and reflect on your business’s journey over the past 12 months. An end-of-year reflection isn’t just about celebrating wins—it’s also about identifying lessons learned and setting the stage for a successful new year. Whether you’re a seasoned entrepreneur or just getting started, these 10 questions can help you evaluate your progress and gain clarity on where to focus next.

Attention small business owners! Starting January 1, 2024, most U.S. businesses must file a Beneficial Ownership Information (BOI) Report to the Financial Crimes Enforcement Network (FinCEN). More importantly, if your business qualifies and was created before January 1, 2024, you must file this report by January 1, 2025 to avoid major penalties!

As the calendar year draws to a close, it’s natural to focus on wrapping things up—closing out projects, tidying up your financials, and celebrating the holidays. But what if you used this time to do something even more impactful for your business? Setting your goals for 2025 now can provide clarity, focus, and a competitive edge as you head into the new year.

Tracking revenue and expenses is a crucial first step to gaining control of your business finances, but what comes next? Once you have a clear picture of your financial data, it’s time to set financial goals.

If you're a small business owner, there's one essential move you can make today to get a grip on your business finances: start clearly tracking your revenue and costs. It sounds simple, but setting up a system to monitor every dollar that comes in and goes out is the most critical step you can take towards achieving financial clarity and long-term success.

Let's face it, managing your business’s finances can be daunting, especially if you don’t consider yourself a numbers person. But before you convince yourself that you’ll never understand the financial side of your small business, let’s explore three mindset shifts and practical strategies that will get you on the path to financial clarity.

For small business owners, financial literacy is a vital skill that often makes the difference between staying afloat and thriving or facing unexpected challenges. Instead of assuming you’ll “figure it out as you go” or just trusting that everything will work out, consider dedicating time each week to expanding your knowledge. Building financial literacy is a strategic investment in your business’s future. Here are some core reasons why mastering these skills matters…

You might already understand the advantages of having an accountant for your business, but let's explore why choosing a niche-focused CPA can significantly elevate your business's success.

Starting a small business is super exciting, but it’s also a bit of a rollercoaster ride. New entrepreneurs often stumble into some common pitfalls. Here are the top mistakes first-time small business owners make, and how you can steer clear of them.

While it might seem like a cost-saving measure to handle your own books, this DIY approach can actually end up costing you more in the long run. Here’s why hiring an accounting professional is not just a good idea, but a necessary investment for your business.

Small business owners, managing your finances is crucial, but how do you know when it’s time to call in a Certified Public Accountant (CPA)? Here are some clear signs that it might be time to hire a CPA for your biz.

As a former small business owner myself, I understand how impactful (and how intimidating) it can be to hire an accountant. Here’s what to look for during the hiring process.