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How to Separate Your Business and Personal Finances

How to Separate Your Business and Personal Finances

by Nolan Accounting | Sep 15, 2020 | Expenses, Small Business Accounting

You may not think it necessary to separate your business and personal finances when you first become an entrepreneur because your business is so small. This is a common mistake. Failing to separate business and personal finances creates a lot of unnecessary stress,...
Reduce Employee Turnover – Increase Bottom Line

Reduce Employee Turnover – Increase Bottom Line

by Nolan Accounting | Aug 31, 2020 | Small Business Accounting

The Bureau of Labor Statistics reports that roughly 42.1 million Americans voluntarily left their employment last year. For businesses that struggle to find the right talent, turnover can be challenging. Here is how costly employee turnover can be, why your staff...
Tax-Free Ways You Can Offer Employee Benefits

Tax-Free Ways You Can Offer Employee Benefits

by Nolan Accounting | Aug 15, 2020 | Expenses, Small Business Accounting, Tax Laws

Paying your employees well is important, but compensation involves more than what hits a person’s bank account a few times each month. Many employees place a high value on the benefits package they receive from their employer.  According to the Society for Human...
Be Encouraged – You CAN Start Over

Be Encouraged – You CAN Start Over

by Nolan Accounting | Jul 30, 2020 | Small Business Accounting

COVID-19 has been devastating to the United States from a health perspective, but its impact on small businesses has been equally catastrophic. According to Business Insider, not only is there the likelihood of continuing job losses for small businesses but also a...
Can an LLC Have More than One Member?

Can an LLC Have More than One Member?

by Nolan Accounting | Jul 15, 2020 | Small Business Accounting, Tax Laws

If you are thinking about forming an LLC, you might have some questions. Depending on the size of your business, you may wonder if you are eligible as a company that has several owners. The truth is that an LLC can be a business entity with a single owner or multiple...
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