If you are bootstrapping or starting a small business, especially during a pandemic year, then your cash flow and cost management are a top priority. This Business Kitty made many mistakes in earlier days as a founder, trying to do everything herself because of cash flow concerns. We at Atlas Bookkeeping see businesses DIY their books ALL the time …
Why Accounting REALLY Matters For Your Small Business
If you hate numbers, or would simply rather do alot of other things besides math, then you are not alone. In fact, that makes you a very normal person! or a cute kitten (I have never seen a cat do accounting, have you?) However, accounting is one of THE most important aspects of starting and operating a successful business. Business …
7 Ways to Improve Your Pandemic-Impacted Business
Small business owners are dealing with challenges of all kinds, as a result of the COVID-19 pandemic. For many, it means that business has slowed down or halted completely. If this is your reality, you may find this “business hibernation” period very challenging: financially, emotionally, and strategically. Real cats might sleep over half of their existence, but Business Kitties don’t …
5 Simple Mistakes to Avoid When Incorporating Your Business
So you’ve launched a new business? Meow! Good for you! Hopefully you already understand one of your primary decisions relates to your business entity: sole proprietor? LLC? S-Corp? C-Corp? If you choose to incorporate, be aware that corporations require a bit more process than other structures. Therefore it is especially important to pay attention to the steps and requirements. Make …
How Do You Know if Your Business Idea is Any Good?
“Ideas are cheap. Execution is everything.” says Chris Sacca, an investor in renowned tech companies like Twitter and Uber. Even so, you have to have an idea before you can start executing on it. How do you know if your idea is any good? Usually the process involves research and a detailed business plan, but that can be a long …
7 Steps of a Bookkeeping Process
A little process goes a long way! Whether you do your own bookkeeping or hire the team here at Atlas Bookkeeping, these are necessary steps to set up and maintain a proper bookkeeping system. Would you believe my cat Zumee was all over my desk as I was trying to write this, sitting on my keyboard and headbutting my hand …
Bookkeeping Basics for Small Business Owners
Wouldn’t you rather look at cute kittens than learn about bookkeeping? Of course! most of us would! As a business owner, you should have at least a basic understanding of how the numbers work. Without proper bookkeeping, it’s like driving your car without GPS or a map: sooner or later you’re gonna get lost. You might already be off your …