ScaleBlog
Everything You Need to Know to Start, Manage and Grow Your Business
Helpful Quickbooks Tips You Never Knew
Quickbooks is the undisputed champ of accounting software. It has been leading the pack of spreadsheet software since its release. In fact, 80% of all small business owners were using Quickbooks for their accounting needs as of 2015, and that number has continued to grow. 83% of Quickbooks...
Accounting Automation Is Revolutionary to Accounting Business
When people think of accounting and bookkeeping, they usually visualize a lot of manual mathematical calculations and clerical tasks. Most people view it as countless hours spent by an individual with their head buried in books or spreadsheets on their computer screens. It is time spent...
How can the Xero Accounting Package Help Your Small Business?
Small businesses generate 42% of the GDP each year and employ 120 million people. With less than 25% of small businesses being employers, the vast majority of small businesses are "mom and pop." There are no extra hands for bookkeeping, legal compliance, or even sweeping the floors. It's all...
Small Business Accounting Tips to Manage Your Finances
40% of small business owners feel that financial management is the most difficult part of operating a business. Staying on top of your business finances can bring no shortage of headaches, anxiety, and confusion. However, effectively managing your company's numbers can help you save money in...
Bookkeeping Solutions: Weighing Your Options
With the combination of state, local, and federal taxes on businesses, some corporations could be taxed at almost 50%. Without proper bookkeeping, small business' profits could be severely diminished at the end of the year. Weighing your bookkeeping solutions is essential to understanding how...
How to Avoid Circular Reasoning in Demand Planning and Forecasting
62% of executives rely on their "gut feeling" to make decisions. The other 38% rely on strict planning methods to help their company achieve its goals. Where does your company stand? Where do you stand? There is no evidence to truly say whether one idea is more effective than the other. One is...
How to Know When It’s Time To Outsource Your Company Accounting
With changes in tax requirements, bill pay, and client expectations, small and large businesses alike are trying to improve their financial services. In fact, more than 50 percent of small businesses in the U.S. now have a CFO or other financial manager keeping track of their accounts. If...
10 Reasons Small Businesses Should Be Using Accounting Software
As a small business owner, you have hundreds of things to think about every day. Tracking your income and expenses is an essential task, but it can also be very tedious. Luckily, it's easy to get a handle on things by using accounting software as an integral part of your business. The right...
How to Set Up a Basic Bookkeeping System
Whether you're starting a small business or you're already running one, keeping all transaction records is important. But, some entrepreneurs are still hesitant to do so. Here's why: About 40% of small business owners believe bookkeeping and tax preparations are the worst part of being a...
12 Tips to Get the Most Out of Your Payroll Management Software
Investing in a payroll management software is one of the best things you can do for your business. This is a tool you can count on to crunch all the hard numbers and track any payment - no matter how large or small. Such efficiency saves you the most valuable thing you have, your time. The...
7 Essential Signs of Quality Accounting and Bookkeeping Services
The revenue for accounting, tax preparation and payroll services in the United States is set to generate around 160 billion US dollars in 2018. That's a lot of people spending a lot of money on accounting and bookkeeping services. With companies spending so much money, you'd think that it would...
How Can Automated Bookkeeping Streamline Your Business?
Whether you're launching a new small business or have been running one for years, you know how many different hats an owner has to wear. Maybe you have a budget for hiring enough employees to delegate to. But if you don't, you're likely marketer, manager, customer service, and public relations....
8 Small Business Tax Deductions You Didn’t Know About
Did you know that there are over 27.9 small businesses in the United States? Whether you're just starting your business or you've been at it for years, you're going to want to be prepared for when tax season inevitably hits. While nobody loves paying taxes, they are a necessary part of being a...
Online Bookkeeping Versus CFOs
As a small business grows, financial management becomes a more delicate task and as such requires professionalism and financial intelligence. As a business owner, it is important to focus on growing your company, gathering new market, gaining a reputation. This requires a large amount of your...
Best Ways to Avoid a Forecast Error
Even though a lot of companies use analytical software, up to 93% of them will adjust any forecasts generated by it. This statistic shows how unreliable people think this software is. However, you can still use it to predict the future of the market. The problem is that forecasting errors can...