Posts by Amy Ragan

Starting a small business is an exciting journey, but it also comes with financial challenges that can determine its success or failure. Many small businesses struggle to stay afloat due to common financial pitfalls that could have been avoided with proper planning and management. Understanding these key financial reasons for failure can help business owners…

Running a business requires juggling multiple responsibilities, and financial management is one of the most crucial yet time-consuming aspects. Handling accounting in-house can be overwhelming for many companies, leading to errors, inefficiencies, and compliance issues. That’s where outsourced accounting services come in. By partnering with a trusted provider, businesses can streamline financial processes, ensure compliance,…

If you run a business, you’ve likely heard the terms “bookkeeping” and “accounting” used interchangeably. While closely related and often work together, bookkeeping and accounting serve distinct purposes. Understanding the difference between the two can help you make informed decisions about your financial management and determine which services your business needs. What Is Bookkeeping? Bookkeeping…

Outsourced bookkeeping services can be a game-changer for businesses looking to streamline their financial processes, reduce costs, and ensure compliance. However, hiring the wrong service can lead to unnecessary stress, financial inaccuracies, and even compliance issues. To help you make an informed decision, we’ve outlined the top five mistakes businesses make when outsourcing their bookkeeping…

In the ever-evolving world of finance, maintaining ethical standards is not just a professional obligation but also a critical factor in building trust and credibility. Adhering to ethics is especially crucial for CPAs and bookkeepers working in outsourced accounting. These professionals often handle sensitive financial information for multiple clients, making integrity and accountability indispensable. Why…

In the world of business, accuracy, and compliance in financial matters are not just important—they are essential. Companies of all sizes rely on comprehensive financial audits and clear financial reporting to ensure transparency, maintain stakeholder trust, and comply with regulatory requirements. At the heart of these critical processes are Certified Public Accountants, whose expertise provides…

For many small businesses, the winter season can bring challenges, including a slowdown in sales and tighter cash flow. Managing these challenges effectively can mean between thriving through the colder months or falling behind. By leveraging expert accounting services and implementing smart strategies, you can maintain healthy cash flow and avoid the winter slowdown blues.…

In the financial landscape of any business, bookkeeping serves as the backbone of sound financial management. Whether you’re a small business owner or a seasoned entrepreneur, the choice between outsourced bookkeeping services and in-house bookkeeping is a critical decision. Both options have their unique advantages and drawbacks. To help you make an informed choice, let’s…

For small business owners, pricing decisions are among the most critical—and challenging—aspects of running a company. Striking the right balance can mean the difference between staying afloat and thriving. If you’re wondering whether it’s time to increase prices, this guide will help you identify key indicators and outline a process to implement changes effectively. Signs…

When small businesses consider hiring professionals to handle their finances, the terms “CPA” and “accountant” often come up. While these roles share similarities, they are not interchangeable. Understanding the distinction is crucial when deciding who to entrust with your business’s financial health. Let’s explore the differences between CPAs and accountants, their unique qualifications, and why…