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Three Common Ways Businesses Die

By: Rachel Himmelspach According to Forbes, 8 out of 10 businesses fail. That statistic alone is enough to scare some people from even trying. Why do so many businesses fail? Although there is a myriad of reasons, there are three common deaths to businesses. The number one

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The Five Types of Accounts

By: Rachel Himmelspach When setting up your books, you must first manage your accounts. The word “account” in bookkeeping doesn’t refer to bank accounts, which one might first think. It actually refers to the different kinds of transactions made, which will all be grouped into their rightful

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Finding The Perfect Fit

The business world is a tough place. It’s competitive, people play dirty, and lines can be crossed that shouldn’t be. As an employee, it’s sometimes difficult to know when it’s okay to take initiative and when it’s not. When expectations are laid out from the get-go, it

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The Scale of Professionalism in the Workplace

“Professionalism” is a term used quite frivolously. It’s thrown around as if it means the same thing to everyone – but it doesn’t. Depending on your company, the work environment, and your role, professionalism can range from any number of things. Professionalism is a scale. The definition

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The Great Debate: Working At Home vs. In-Office

By: Rachel Himmelspach Everyone’s preferable work environment varies. Some would love to be able to work from the comfort of their own home on their own. Others need the office atmosphere as motivation to get things done, and they appreciate the social aspect of being around others.

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The Difference Between Single And Double-Entry Bookkeeping

If you’re sitting down to set up your books for the first time, you will need to choose between single or double-entry bookkeeping. Not sure what the difference is between the two and/or which to use for your business? Look no further! Single-entry bookkeeping records only transactions

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What Can Your Books Tell You?

By: Rachel Raupp The act of keeping your books up-to-date can be a time-consuming and tedious task, but the hard part is reading what your books are telling you. If you look at your numbers and that’s all you see, it’s time to talk with a bookkeeper.

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Four Signs You’re Ready To Outsource Your Books

Four Signs You’re Ready To Outsource Your Books Your books are the glue that holds your business together. They need to be given detailed attention on a regular basis. If you let your records slip through the cracks, your business will likely follow. Outsourcing is a simple

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What Your Bookkeeper Needs To Know

If you’re switching bookkeepers or in the process of looking for one, it’s important to know what information they need to do their job the best they can. Unlike an accountant, who doesn’t need to know every little thing about your business, your bookkeeper needs EVERYTHING. Yes,

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How To Fight The Work Day Blues

By: Rachel Raupp Life has a tendency of becoming redundant. We find ourselves following the same routine day after day and eventually we slip into a funk. Even if you love your job and enjoy what you do, the blues can still catch up to you. Your

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