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How to pay yourself as a business owner

How to pay yourself as a business owner

We hear this question a lot.  There are two ways a business owner gets paid – salary or owner’s draw.  Salary A salary is when you put yourself on the payroll and deduct the necessary taxes from each pay, just like paying staff. It is rigid yet...
How to Add and Manage Customers in QBO

How to Add and Manage Customers in QBO

QuickBooks Online is a great place to keep a list of all your customers in one place. It’s super easy to add new customers and to manage your customer list.  Ensuring the accuracy of your customer list is important as it’s directly tied to your invoicing. The...
6 Ways to Improve Your Cash Flow

6 Ways to Improve Your Cash Flow

Cash flow is extremely important for any business to survive. At its simplicity, you need money to keep coming in so that you can pay your bills on time. Therefore, it is vital to create and maintain practical business practices in order to keep the cash flow...
Benefits of Cloud Accounting

Benefits of Cloud Accounting

As a small business owner, you have to stay on top of your finances and know your sales numbers, expenses, assets, liabilities, and equity. These numbers tell an important story about the state of your business. However, you may just not have enough time in a day or...