by Nolan Accounting | Jun 30, 2020 | Uncategorized
Every business owner knows that assets lose value over time. They also know that purchasing a new asset today can have an immediate impact on cash flow even though it will likely help in the long run. The Internal Revenue Service (IRS) understands this as well, which...
by Nolan Accounting | Jun 12, 2020 | Expenses
Keeping track of how much money is coming in and going out of your business is essential. It’s so critical that failing to do this could have dire consequences for your business. In fact, the number one reason that small businesses fail is due to cash flow issues. So,...
by Nolan Accounting | May 30, 2020 | Expenses, Small Business Accounting
Running a business in the midst of a global pandemic can be challenging. According to a weekly survey released by the U.S. Census Bureau, 51.4% of businesses report a significant negative impact from the effect of COVID-19, and 31.4% anticipate that it will be more...
by Nolan Accounting | May 11, 2020 | Expenses
As a small business owner, you have a lot to manage in addition to pleasing your target audience. A growing concern for anyone that operates a business is how to keep data safe from potential scammers. Whether you trust an IT person with all of your online stuff or...
by Nolan Accounting | Apr 30, 2020 | Small Business Accounting
If there is anything that a seasoned business owner will tell you about ensuring success, it’s to be ready for the unexpected. Sure, just about anyone can skate along while the economy is booming, and customers are pouring in. But what about when something goes...