What It Took Me 8 Years To Learn
Don’t spend 8 years figuring these things out. Spend 15 minutes reading this and hopefully avoid some business blunders.
Are you Sales Tax Compliant?
Sales tax is very complicated and each state sets its own rules. But, if you understand some basics, you can weed your way through the complications and ensure you are in compliance.
Payroll Cheatsheet
Payroll Cheatsheet Here is a cheatsheet of payroll and labor issues for small business employers:Biz_Hippo_Payroll_Cheatsheet This is meant to accompany the Payroll and Labor Basics video which you can watch here.
12 Things A Business Plan Doesn’t Cover
Most people have seen the business plan templates that cover the product or idea, the market, the team. But a business plan misses some very important things that will make the difference between a business that is successful and one that is not. Those are your personality traits, your work habits, and your support system. …
6 Little Things You Can Do to Go Paperless
I first heard a buzz about going paperless 20 years ago. Just like the metric system conversion that was threatened in the third grade (1974) never came to pass, most businesses have not reduced their paper usage much (particularly accountants). But it isn’t that hard. It’s a mindset and there are a few simple things …
Standard Chart of Accounts
Standard Chart of Accounts Lost when it comes to setting up your Chart of Accounts? Use this as a starting point:Standard Chart of Accounts
Roadmap to a W-2
Roadmap to a W-2 W-2’s can be confusing for employees and employers. Never again have to answer the question, “Why do my taxable wages not match my last pay stub?” Here is a roadmap to the basics: Biz Hippo Roadmap to a W-2
6 Reasons to Outsource Your Accounting
Payroll was the first accounting process to gain popularity in outsourcing. A 2014 survey claims 48% of companies under $25 million in annual sales outsource their payroll. I couldn’t find a more recent number, but I’m confident it has continued to climb. The technology for data-sharing wasn’t there, but payroll was painful enough that businesses …
The Cloud is Your Friend
I still read articles that discuss the “upcoming” cloud technologies as very new and you will have to make a decision in a few years to embrace it. (These articles are often in accounting publications, embarrassingly enough.) Sorry folks- the technology is here now and you need to embrace it now or be left behind …
