Accounting – 5 Star Accounting and Business

5 things to consider about your business financials

Managing the ebbs and flows of your finances is critical to maintaining business growth.   When businesses are able to track their financial affairs, they are better equipped to handle unexpected debt, stay ahead of their credit bills and make smart investments for the future.   There are some...

What costs should I consider if I start a new business?

Building a successful business model is largely tied to making the right decisions. In order to succeed, new entrepreneurs must carefully consider the costs of launching their life-long dream business. Because the universal truth in business is that money is needed to make money, these decisions carry extra weight. Each...

When is the right time to incorporate?

Timing, as much as anything else, can be crucial to a business’s success and its long-term viability.  New entrepreneurs may rely on market conditions or other economic indicators before making splashy decisions, or even launching a new product or service.  The timing for incorporating a business, however, depends...

What you should expect out of a Point of Sale System

The business world turns by the power of transactions.   When a business exchanges a good or service to its client for payment, a Point of Sale system (POS) is utilized to make the transaction possible.   Essentially, the POS is the mechanism, including hardware and software, that allows...

Time to Incorporate or form an LLC?

At this time of year, and in light of the recent tax cuts and the favorable tax rates for the C-Corp and S-Corp, sole proprietorship and general partnership clients may be wondering if it’s time to create a formal business structure like a corporation or...

QuickBooks Online – New Features

You said it, we listened and Intuit took action! If your an existing QuickBooks Online customer, this will only add value to the application you already use. If you're using desktop or another software solution altogether and haven't considered QBO in the past due to...