5 Tax-Related Resolutions for Smarter Small Business Accounting in 2020

MICHAEL ASTREIKO | February 11, 2020

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Accountants working with small businesses often play the role of business advisors, especially when it comes to educating their clients about tax regulations and reducing their tax bill by taking all legitimate factors into account. We’ve gathered four tips that accounting professionals can use as a check-list to give to their small and mid-size business owner clients looking to make better financial decisions this year.

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OTHER ARTICLES

How to Scale Enterprise eCommerce: Preparing for Future Growth

Article | March 17, 2020

If your enterprise-level eCommerce business is reaching the point of expansion, it’s time to think about how you can scale your processes as effectively as possible. With efficiency and future growth in mind, we have a word of warning: Now is not the time to throw things at the wall to see what sticks. Instead, it’s time to buckle down and do your homework. The first step in scaling an eCommerce business is to prepare for that growth. You should be sure you have your data organized, your features lined up and your strategy set.

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COVID-19 crisis communication for small businesses: advice from a PR pro

Article | March 20, 2020

There’s rarely any downtime in the world of public relations, but the COVID-19 pandemic is kicking crisis communications into overdrive for small businesses across the country. On Monday, March 16, Vancouver-headquartered Reformation made a big move: on Instagram, Facebook, Linkedin and its website, the PR firm began offering free consulting for Canadian businesses with 50 or fewer employees. “First and foremost, we’re a small business,” says founder and principal Amanda Haines Lazeski. “We know the inherent risk that this crisis comes with, especially for small businesses—it really has the potential for massive devastation

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5 Things a Small Business Should Consider During a Downturn

Article | March 31, 2020

No matter what your business is, you are likely to have been impacted by the coronavirus outbreak Covid-19. As a result, your business activities have probably reduced or even been suspended for the time being until the crisis is over. At this difficult time, you should consider it an opportunity to reassess the aspects of your organisation such as the operations and the financial outgoings. By taking these considerations, you will effectively put your business in a better footing coming out of a crisis. If you are a business owner, here are 5 questions to ask yourself regarding your business during a downturn;

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A small business guide to mastering accounts receivable

Article | March 9, 2020

Most companies go out of business because they run out of cash. One of the biggest factors that can impact a business’ cash flow is how well they manage their accounts receivable. A well-oiled accounts receivable process can save you much pain down the road. But first, let’s take a look at what accounts receivable is. Then, we’ll tackle how you can better manage it and get the most out of it.

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Spotlight

ReadWrite

The IoT revolution has captured the hearts and imaginations of millions of people from across the globe. Our goal is to bring you the latest news, analysis, and conversation on IoT and the Connected World. Stay on top of it! Visit our website to read our most recent article. ReadWrite is a place where builders, creators, developers, and dreamers can explore and stay in the know about all things IoT. Every day there are stories of amazing technologies being created and advancements in connectivity as our world transitions towards a better and brighter future.

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