Wed Mar 17, 2021 | Alan Lefkowitz | Bookkeeping Services, Cash Management, Construction, Financial Reporting
Construction accounting has unique challenges compared to many other types of business bookkeeping and management. Construction businesses frequently travel, incur specialized job costs for each construction project, and use unique processes to keep track of financial transactions. Unfortunately, construction accounting errors can be costly, which is why contractors must hire professional, knowledgeable accountants to manage their finances.
Read More Sat Dec 26, 2020 | Alan Lefkowitz | Bookkeeping Services, Business, Cash Management, Financial Controller Services
In the U.S., the survival rate for small businesses is bleak, with 20% going under in the first year and 50% failing after five years. These businesses shut down for various reasons, including lack of customers for the product or service or having difficulty hiring the right people. But insufficient cash flow is frequently the reason for these closures.
Read More Sat Nov 28, 2020 | Alan Lefkowitz | Bookkeeping Services, Business, Virtual Accounting Services
Virtual bookkeeper services are a popular and cost-effective strategy for managing your business’s accounting. Here’s how to get started and hire the right service.
Read More Wed Sep 16, 2020 | Alan Lefkowitz | Bookkeeping Services, CFO Services, Virtual Accounting Services
Most companies invest significantly in bookkeeping and accounting within their operation. Keeping correct records is critical to making wise business decisions and knowing where your company is at any given point. Yet, hiring and maintaining an accountant within your business is costly and may not always be the best choice. Virtual accounting or virtual CFO services can be a great option for many organizations.
Read More Wed Sep 16, 2020 | Alan Lefkowitz | Bookkeeping Services, CFO Services, Financial Controller Services, Virtual Accounting Services
The value of investing in virtual business accounting changes from one organization to the next. In nearly all situations, companies can benefit from making the switch to this more advanced, more hands-on form of accounting and financial management. If your company hired a bookkeeper or is managing the books on their own, it may be beneficial to make the switch. The benefits that come from professional services like this are outstanding.
Read More Wed Mar 18, 2020 | Alan Lefkowitz | Bookkeeping Services
Bookkeeping is not a priority for many small businesses. Few business owners get thrilled at the idea of sitting in front of a computer and processing. However, ensuring that your business complies with the latest IRS rules is a tedious, full-time job.
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