Business owners often ask whether they need to hire a full-time accounting department, or if they can get by with fractional accounting services. The truth is that many businesses start...
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When it comes to your finances, trust is everything. But here's the thing: fraud can seriously mess things up. Shockingly, occupational fraud – or when an employee deceives their organization,...
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As an entrepreneur, understanding the purpose of a balance sheet is like learning to take a perfect "financial selfie" of your business. Comprised of three main sections – assets, liabilities,...
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It's that time of year again – perfect for a mid-year financial review with your accountant! This financial health check is essential, no matter the industry – SaaS, startup, e-commerce,...
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Imagine you're an entrepreneur planning a cross-country road trip – your business's journey. You've got a map, you've filled up the tank, and you're ready to hit the road. But...
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Section 174 of the Internal Revenue Code (IRC) has historically been a helpful piece of legislation that allows business owners to take tax deductions for research and development costs. However,...
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In business lingo, KPIs, or key performance indicators, are like scores that show how well your startup is performing. Tracking KPIs - and choosing the right ones - is essential...
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In light of the recent news creating uncertainty for Silvergate, Signature Bank, and Silicon Valley Bank, we are here to offer a solution: Relay. Our partner Relay has set up a...
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Welcome to the wonderful world of managing cash flow! Yes, we know – it’s exciting to see how much your business is making, but it can be intimidating to track...
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Many businesses miss out on a reduced tax bill because they don’t know what small business tax deductions and credits are available to them. And we hate to see it....
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One of the most common traits among leaders is that most of them are very well read. Some studies show that the top CEOs read up to 60 books each...
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What is the best accounting software? At Acuity, we get asked this question rather frequently because the bottomline is – entrepreneurs want to know which accounting system they should use. It...
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Before we get into how to pitch your startup to investors, you should determine whether venture capital or bootstrapping is the right fit for your business. Don’t worry – we’ve...
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Long story short: too many startups are annoyed with their bank. So, a question we get asked a lot is: what’s the best bank for startups? After looking into several...
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“The Acuity Way” is a blog and video series we’ve developed, focused on providing entrepreneurs with simple startup bookkeeping and accounting tips to start off (or get back on) the…
Work Smarter (Not Harder) Using Top Business Automation Tools As technology advances and machines become smarter, automation is changing the way we conduct business. Startup automation is especially useful for...
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Starting a business can be an intimidating (and exhausting) yet rewarding venture. Watching your startup grow is a fantastic feeling, but there are some steps you need to take before…
Due to the dynamic nature of launching a new business, it can be challenging for a startup to keep up with all of the latest changes to the tax code....
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Now that tax season’s here, it’s important to familiarize yourself with all the deductions that are available. While many deductions may apply to you, today we’re focusing on business startup…
After millions of people were laid off in light of the COVID-19 outbreak in 2020, 18 months later, employers are having trouble finding enough people who are willing to work….
Every business owner approaches financial reporting transparency differently. Some are open books. Others, with no ties to outside debt or investors, may never share their company’s financials (other than with…
One of the questions that small business owners ask us all the time is, what’s the best startup credit card? We know the credit card mail won’t stop coming, whether...
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This page was updated on 2/26/2021 The Biden Administration has made strides to deliver equitable relief to small businesses with the Paycheck Protection Program in 2021. PPP1 funding left behind...
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If there’s one saying entrepreneurs understand, it’s “money doesn’t grow on trees.” It is earned from somewhere. As one of America’s 28 million small businesses, you’re in the trenches daily…
Startup funding. It’s kind of a big deal. Most entrepreneurs know that it takes more than blood, sweat and tears to launch a business. Cash—or lack thereof—is a major factor…
Pumpkin spice, football, changing leaves, horror films, and an extra hour of sleep aren’t the only great things about fall! This year you can also enjoy savings! ‘Tis the season…
When you are a regular partner with small businesses and start-up companies like me, one of the most constant (and crucial) conversations you have is about financing. When those conversations…
Working as an independent contractor is quickly becoming a viable alternative to traditional full-time employment, but there are a few things you need to be aware of from the beginning….
Until now, QuickBooks customers have either used the platform themselves or worked with a third-party accounting firm to use it for them. But just this week, QuickBooks has launched its…
As an employer, attracting and retaining talent is crucial, and you want to take care of your team. For small businesses, finding cost-effective ways to do just that can be…
You may know that May 5th – 11th, 2019 is National Small Business Week. At Acuity, we work with thousands of small business owners to help them with their business’s…
I’m sure many of us have heard of the term PEO but aren’t quite sure of exactly what that entails. A PEO stands for Professional Employer Organization. Partnering with a…
Starting a business takes vision, drive, and hard work. However, sometimes business owners get so used to putting all their time and energy into their business’ success that they are…
Did you know that less than one-third of small businesses ever make it to phase two of their life cycle? On paper, those can be pretty sobering numbers if you’re…
We’re not beating around the bush: your startup needs to hire a bookkeeper. And if we’re being even blunter, bookkeeping for startups from a firm as opposed to an individual bookkeeper….
Accounting may not be the most exciting task, but it’s important to your business and should be a priority. As a Sr. Sales Development Representative at Acuity, I’ve had many…
A few months ago, team Acuity had the awesome opportunity to attend MINDBODY BOLD with hundreds of fitness and wellness business owners from around the globe. As MINDBODY partners, we…
Debating between hiring employees versus independent contractors? You’re in the right place. The media is making noise over the new gig economy where temporary and freelance workers fill companies’ labor…
It was an incredible couple of days in San Diego for the MINDBODY BOLD 2017 conference. If you were lucky enough to attend, you know how jam-packed it was with…
Heading to MINDBODY BOLD 2017? Make the most of your trip by interacting with key conference influencers and speakers throughout the weekend. Don’t worry – we did the heavy lifting…
