Bookkeeping and tax preparation continue to be cited by small business owners as among the most dreaded and time-consuming tasks, so it is no surprise that these are the tasks often pushed to the last minute. But taking shortcuts can cause costly problems when accuracy is sacrificed.
While online tools have opened up almost limitless ways to store, sign, transmit, receive, record, and save documents and payments virtually, paper documentation is still a needed item for those documents that require heightened security or special handling.
The overall uptick in travel this year is encouraging for businesses that cater primarily to tourists, but maintaining a tourist-based business requires careful budgeting and planning in order to stay afloat all year.
The vast majority of businesses use cloud technology in some way, and the market for online-accessible tools continues to expand as more small business get started and more programs are built to integrate with one another. Some areas that can be improved and streamlined with good tech tools:
Hey 'Keepers! Checkeeper will be closing early tomorrow to give our employees some time for team bonding activities. All checks must be submitted by 2:30PM for your checks to be mailed out same day. Thank you! -The Checkeeper Team
Recent polling shows that workers—particularly younger workers—are experiencing lower levels of engagement with their work than before and are the most reluctant to want to return to full-time, in-person work. Closing the comfort gap between office and home may help.
Creating a realistic budget—and then sticking to it—are vital in business, but just because a budget gets thrown off does not mean all hope is lost. If you’re finding your budget falling short, some ideas to get moving in the right direction:
Freelancers and self-employed professionals have specific bookkeeping needs. Online software products can help untangle the business spending from the personal, thus simplifying tax preparation, saving time, improving accuracy, and enabling better data-driven decision making about the future.
Both Checkeeper and the US Postal Service will be closed in observance of Labor Day on Monday, September 5th. You will still be able to access your Checkeeper account but, anything submitted for fulfillment on this day will not be printed or mailed until the following day. Please submit your checks by 4:00 pm EST on Friday the 2nd to be mailed same day. We hope you enjoy your Labor Day! -The Checkeeper Team
Financial success for small businesses depends upon proper management of cash flow. Check printing and mailing software—working with other vital bookkeeping tools—helps businesses modernize their payment processes and streamline the record-keeping, both of which lead to better cash flow management.