Accounting for Entrepreneurs - Tips for Entrepreneurs

Bookkeeping and accounting are critical in helping owners track their money to ensure that their ventures stay afloat.

Small Business Accounting - Small business accounting? Most entrepreneurs would rather spend their time developing their product line or growing their client base. But accounting is important. More...
Choosing an Accountant - Wondering how to find a good accountant? This useful article explains what to consider when choosing an accountant for your business. More...

Tips for Collecting Receivables - While it’s not one of the most enjoyable parts of small business ownership, collecting receivables is one of the most important. More...
Small Business Accounting Software - In the process of selecting accounting software for your small business? There are quite a few choices: Quickbooks, Peachtree, Microsoft Great Plains, Microsoft Solomon, MYOB, Netsuite, Accpac, Simply Accounting, AccountEdge and a hundred others. More...
Small Business Budgeting - Small business budgets on your mind? This helpful article, one of many resources for entrepreneurs on this site, gets you started with budgeting for small businesses. More...
Outsourcing Payroll - Thinking about outsourcing payroll? Looking for payroll service reviews? We discuss payroll outsourcing and highlight some of the best payroll service firms, including SurePayroll, ADP, Paychex, and Paycycle. More...
Accepting Cash and Checks - Does your small business accept payments via cash and checks? If so, be sure to establish payment and collection policies, and make sure you understand the laws that regulate them. More...
Budgeting Mistakes - Would't it be horrible if you did everything right to set your business on the path to success, but a few budgeting mistakes ultimately lead to your downfall? More...
Business Identity Theft - It's bad enough that identity thefts are stealing individual identities, but now they are stealing business identities as well. More...
Electronic Invoicing - Electronic invoicing (e-invoicing) is all the rage. Instead of sending out paper invoices in the mail, why not send invoices by email directly to your customer? More...
Hiring Bookkeepers - Hiring a bookkeeper? You'd think it would be easier to find bookkeepers. Where are they and when you do find them, how do you hire the best bookkeeper for your business? More...
Best Practices for Managing Business Expenses - Managing expenses is a challenge for most small business owners, but it's a challenge worth mastering. More...
Receivables Factoring - Factoring receivables can get you out of a cash flow crunch in a hurry. For the peace of mind of knowing that you have money in the bank, the cost of factoring receivables is well worth the price. More...
Business Recordkeeping - Business recordkeeping isn't an art form. There are records you should keep and records you should toss. We discuss which business records must be kept and which can go into the shredder. More...
Payroll Accounting - Payroll accounting has been the source of headaches, well, ever since businesses started processing payroll. But payroll taxes and payroll processing requirements are not nearly as complex as they seem. More...
Why Is Accounting Boring? - Why is accounting so boring? For most of us, an accounting discussion is a quick cure for insomnia. But business owners cannot afford to be bored by accounting. More...
Online Billing Service Review - Online invoicing and billing solutions have come of age. We take a look at BillMyClients.com, a web-based e-invoicing solution that provides a powerful yet elegantly simple billing solution that is perfect for small business owners and freelancers. More...
Developing a Comprehensive Recordkeeping System - Smart business owners are organized. Everything has a place and is in its place. If you own a business and want to develop a comprehensive recordkeeping system, this is a must-read article. More...
Earning Money on Business Savings - A growing bank balance often takes entrepreneurs by surprise. Money in the bank can site idle earning no interest. That's a business mistake you will want to be sure to avoid. More...
Keeping Business Records Organized - Deciding what business records to keep and which business records to toss is not a straightforward decision. But our small business advice will give you some good guidelines for proper business recordkeeping. More...
Invoicing - Invoicing is the lifeblood of small businesses. Getting invoicing wrong can result in cash flow problems at best, and business failure in the worst case. More...
Credit Card Processing - For entrepreneurs big and small, accepting credit cards has become essential. As we move to a cashless society, not accepting credit cards could prove to be a big mistake. More...
Collect Slow, Pay Fast - Collect slow, pay fast? Have we got it backwards? No. Sometimes you can do well by ignoring conventional business wisdom. More...
Journal Entry Procedures - Accounting journal entries require attention to detail. Make your journal entry procedures are systematic and methodical. More...
How to Embezzle Money - To catch a crook, you have to think like a crook. Learn about these ways to embezzle money so you won't become a victim of embezzlement. More...
Hiring a Bookkeeper - Small businesses often outsource their bookkeeping function. This can be a costly approach. Make sure you're not paying too much for a bookkeeper. More...
Accounting Terminology for Entrepreneurs: A - This article, as part of the Accounting Terminology for Entrepreneurs series, introduces some key accounting terminologies that begin with A. More...
Accounting Terminology for Entrepreneurs: B, C - This article, as part of the Accounting Terminology for Entrepreneurs series, introduces some key accounting terminologies that begin with B and C. More...
Accounting Terminology for Entrepreneurs: D, E, F - This article, as part of the Accounting Terminology for Entrepreneurs series, introduces some key accounting terminologies that begin with D and F. More...
Accounting Terminology for Entrepreneurs: G-L - This article, as part of the Accounting Terminology for Entrepreneurs series, introduces some important accounting terminologies. We cover accounting terms starting with the letters G-L. More...
Accounting Terminology for Entrepreneurs: M-O - This article, as part of the Accounting Terminology for Entrepreneurs series, introduces some important accounting terminologies. We cover accounting terms starting with the letters M-O. More...
Accounting Terminology for Entrepreneurs: P-Z - This article, as part of the Accounting Terminology for Entrepreneurs series, introduces some important accounting terminologies. We cover accounting terms starting with the letters P-Z. More...
Introduction to Financial Statements - Learn all about financial statements: What are financial statements? Who uses financial statements? What are the attributes of financial statements? More...
Balance Sheet Interpretation Part I: Introduction - When running or acquiring a business, it is important to be able to interpret a balance sheet. This introductory article is the first article in the Balance Sheet Interpretation series. More...
Balance Sheet Interpretation Part II: Liquidity Ratios - When running or acquiring a business, it is important to understand if the company is in danger of facing a potential liquidity crisis. There are four liquidity ratios you could use to help you avoid a liquidity crisis. This is the second of five articles in our Balance Sheet Interpretation series. More...
Balance Sheet Interpretation Part III: Price-to-Book Ratio - As an entrepreneur looking to buy a company, it is important to determine the right price to pay for the business. This article will show you how to use the price-to-book ratio to help you value a business. This is the third article in our Balance Sheet Interpretation series. More...
Balance Sheet Interpretation Part IV: Current Assets - When running or acquiring a business, it is important to be able to interpret and analyze a balance sheet. This article, the fourth article in our Balance Sheet Interpretation series, will help you interpret the current assets category of the balance sheet. More...
Balance Sheet Interpretation Part V: Current Liabilities - When running or acquiring a business, it is important to be able to interpret a balance sheet. This article, the fifth article in our Balance Sheet Analysis series, will help you interpret the current liabilities section of the balance sheet. More...
Small Business Accounting Services - Looking for small business accounting services? We take a look at the options you have to choose from when it comes to doing the accounting for your venture. More...
How To Use An Accountant - Wondering how to use an accountant to help grow your business? We look at things that an accountant can help you with. After all, they can do much more than just crunch numbers. More...
Breaking Down Break Even Analysis, Part 1 of 2 - This article aims to equip entrepreneurs with an important analytical tool of financial decision making.More...
Breaking Down Break Even Analysis, Part 2 of 2 - This article delves further into the topic and explains breakeven charts, margin of safety and an recommendation on lowering your BEP point. More...
The Concept of Asset Depreciation, Part 1 of 2 - If you are solely managing your business accounts, this article is for you! It will aid you in identifying with an important accounting concept in a simple, entrepreneurial friendly way!More...
The Concept of Asset Depreciation, Part 2 of 2 - This article will allow you to understand the basic calculation of depreciation. This will help you to produce your accounts in a more precise and realistic way. More...
Accounting Software Review - There are several options, old and new, for accounting software for your firm. Quickbooks has always been the breadwinner in this category, but several new firms are creating web based accounting software that is free to use. More...