The Hidden Cost of Wasted Hours You’re logging hours, landing new clients, and keeping your team busy. But when month-end rolls around, your margins tell a different story. The truth is, in a business built on time and expertise, billable hours alone don’t drive profitability, precision in how you track, price, and manage those hours […]
As a business owner, you understand the importance and efficiency of your invoicing process, how to send an invoice, getting paid on time and getting paid accurately. There is no doubt that successful invoicing helps you reach the golden trio: getting paid in full, on time, every time. If this is not a job that
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A variance report is a financial document that compares actual performance against budgeted or planned performance in specific categories such as revenues, expenses, and overall profit. For a small business owner, it serves as a diagnostic tool to identify operational inefficiencies, assess financial health, and make informed decisions. By analyzing the variances between actual and
Organizing a business is one of the biggest keys to success. It is possible to start a business with no plan in place, and even to keep it running for a while that way. Sooner or later, though, the weight of disorganization brings your business crashing down. Starting your business out on the right foot,
A business structure is the legal and financial skeleton for your new business idea. Which one you choose will determine some important things about your business – how you get paid, how you do your bookkeeping, and how you pay your taxes. Different Types Of Legal Business Structures The main types of legal business structures
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