Dena R. Singer, CPA, PC

A sole proprietorship is one of the most common small business structures. Under this structure, a sole proprietor runs the business as an individual and reports profits or losses on their individual tax return.

The benefits of hiring a bookkeeper extend to almost every aspect of your business! As bookkeepers, we are bringing you expertise with efficiencies and systems that will save you time and allot for you to place your focus on growing your business! Gain confidence in your numbers by reducing errors and keeping your stress levels down. Not only will it save you money, but it can also help build your profit so you can continue doing what you do best: running your business and enjoying your life!

A financial plan is the most important plan to create when starting a business. Without the funds to launch and maintain your business, it is likely that your business will sputter and die when it runs out of financial fuel. Keep in mind that it takes most new businesses months or even years to begin to make a profit. Therefore, it is essential to have your financial bases covered until you’re able to create a healthy cash flow.

A marketing plan helps you to attract customers to your business and begin to create a revenue stream. You can have multiple marketing plans: one to promote business, one to introduce new products, and one to develop new customer outreach. The initial start-up marketing plan is what you will use to promote your new business. Take time to think through the details of how you’ll track the successes and failures of various marketing tactics to make wiser decisions in future marketing campaigns.

Challenge yourself to 7 days of saving money! Here are a few tips you can follow to save money on a daily basis.

As a business owner, you need to know how to file your taxes properly. One common question is if you can file your business and personal taxes together. The short answer: Pass-through entity owners file their personal and business taxes together, and C corporations file separately from their shareholders. For further guidance with your taxes, please contact us today!