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How to Stay Afloat When Your Business Is Losing Money

How to Stay Afloat When Your Business Is Losing Money

by Timothy L. Sernett, CPA | Aug 1, 2022 | General

Over the last few years, businesses have seen many ups and downs in their profitability and company success. And while there were ways to help businesses stay afloat, your small business may still be struggling, or you haven’t found a way to hit the ground running....
The Business Owner Guide to Overhead Costs: What Counts as Operating Expenses?

The Business Owner Guide to Overhead Costs: What Counts as Operating Expenses?

by Timothy L. Sernett, CPA | Jul 26, 2022 | General

Being a business owner involves several moving pieces that can be hard to keep track of. And as a small business owner, you may have difficulty running your business and continuing bookkeeping services. And knowing your overhead costs is a part of running your...
5 Signs That You Need an Accountant for Your Growing Business

5 Signs That You Need an Accountant for Your Growing Business

by Timothy L. Sernett, CPA | Jul 23, 2022 | General

Growing your small business can be one of the most fulfilling things. You have taken your idea and turned your passion into something people want. And seeing your small business grow can be a very exciting time. However, it comes with challenges, especially if you...
Can an Accountant Save You Money? The True ROI in Outsourcing Small Business Accounting

Can an Accountant Save You Money? The True ROI in Outsourcing Small Business Accounting

by Timothy L. Sernett, CPA | Jun 14, 2022 | General

As a small business owner, you’re likely used to relying on your self-starter mentality and do many business processes yourself. However, the reality is that this approach can be overwhelming, and you may find that you need to offload some of your everyday...
10 Accounting Terms Every Small Business Owner Should Know

10 Accounting Terms Every Small Business Owner Should Know

by Timothy L. Sernett, CPA | Jun 7, 2022 | General

Whether you’re doing the accounting and bookkeeping yourself or outsourcing it, you should know accounting terms that could help you make decisions. The financial status of your small business is crucial for sustaining the production you’re doing and possibly...
The Evolution of Online Accounting: 5 Ways the Industry Has Changed

The Evolution of Online Accounting: 5 Ways the Industry Has Changed

by Timothy L. Sernett, CPA | May 19, 2022 | General

Like any industry, accounting has changed drastically over the last few decades. People keep track of their business’s finances and operations as it’s crucial for staying within regulations and using that data to grow their business effectively.  In the digital era,...
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