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The 5 Most Common Small Business Accounting Mistakes

VetCPA

Small businesses make accounting errors and oversights regularly. Here, we cover five of the most common small business accounting mistakes. You don’t take bookkeeping as seriously as you should. Recording everything is an excellent rule to follow for bookkeeping and accounting for a small business.

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Finding Your Financial Compass: Why Small Businesses in Los Angeles Thrive with Specialized Tax and Accounting Support

MyIRSRelief

But for these go-getters, navigating the complexities of running a business, especially the ever-challenging world of taxes and accounting, can feel overwhelming. This is where specialized tax and accounting firms step in, becoming a crucial partner for small businesses with under 100 employees.

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Bookkeeping Tips for Construction Businesses

Steve Feinberg

Running a construction business isn’t like running other goods or services-centered businesses. Shifting costs, increased liability, and a job-centric pricing model are just some of the major differences that make contracting a unique business—and unique businesses require a different approach to their bookkeeping.

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Construction Accounting Concepts You Can Benefit From Today

Randal DeHart

As a small business owner, you know that managing your finances is crucial to the success of your business. But with so many accounting principles and practices, it can be challenging to know where to start. This guide will break down the essential accounting principles that every small business owner should know.

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Bookkeeping for Cabinetry Companies: 5 Reasons Why Bookkeeping Is Important

Steve Feinberg

Construction companies and tradespeople both have difficult jobs requiring long hours, skilled labor, and plenty of liability if the final product isn’t up to snuff. Without proper financial oversight and budgeting, enough of these bad jobs can put a cabinetry company out of business—and that’s where bookkeeping comes in.

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Bookkeeping for Remodeling Business: 5 Strategies to Consider

Steve Feinberg

Construction and remodeling businesses don’t operate the same way as, say, the corner grocery store. As opposed to selling goods with relatively stable and predictable pricing, remodeling businesses provide a service with varying prices, wages that differ from job to job, and materials that can fluctuate dramatically in price.

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5 Best HVAC Company Bookkeeping Tips You Should Know

Steve Feinberg

All of the industry experience necessary to run a functioning HVAC company leaves little time to learn the minutiae of business accounting, bookkeeping, taxes, and payroll—unfortunately, these things are exactly what can keep even the best businesses from turning a profit. See related: Small business tax services.