How Stronger Reporting Makes Nonprofits More Fundable

How Stronger Reporting Makes Nonprofits More Fundable

Incomplete or inaccurate grant reports can jeopardize future funding, making reporting one of the high-stakes administrative functions in nonprofit management. However, organizations that maximize their reporting infrastructure don’t just meet requirements; they...
How Small Businesses Can Avoid Cash Flow Problems

How Small Businesses Can Avoid Cash Flow Problems

Cash flow is essential to the management of any business, but it is especially important for small businesses, which tend to operate on tighter budgets. Cash flow measures how much money is coming in versus how much is going out. Having a positive cash flow means that...
What Taxes Do Small Businesses Pay?

What Taxes Do Small Businesses Pay?

All businesses have tax filing and compliance obligations. The taxes owed and applicable types vary by business and activity. Common federal taxes include income, estimated, self employment, employment, and excise taxes. Not all taxes apply to every business. Most...
What’s the Deal With Business Records?

What’s the Deal With Business Records?

Choosing the right recordkeeping system is essential because you need a clear summary of every transaction your business makes. In most cases, small-business owners track this information in accounting journals and ledgers. These records typically reflect gross...