8 Causes of Sloppy Bookkeeping
A clear record of factors like expenses and projected income is critical to the success of small businesses. For this reason, an accounting strategy through bookkeeping software is essential. With an online approach to bookkeeping, you can ensure that your files are always standing by and...
3 Ways to Survive a Cash Shortage
All remote bookkeepers are in the business of helping companies to thrive. Virtual CFOs use a variety of techniques to analyze data and develop fiscal strategies to help businesses flourish. Any remote bookkeeper can attest to the highs and lows that every company encounters. Obviously, no...
Payment Terms: Why do they Matter?
In providing remote bookkeeping services to numerous companies, at MM Accounting we understand how fiscal needs vary by industry. However, the need for payment remains consistent. When organizing contracts or selling products to clients, the payment terms dictate the logistics of your agreement....
Pros & Cons of a Limited Liability Company (LLC)
In this post, we’ll break down one of the most common types of business structures that small business owners utilize. Within past features, we investigated the pros and cons of S corps. This is a special kind of corporation that helps small business owners avoid the problem of double taxation. In...
How to Successfully Hire Remote Employees
As the world continues to grapple with COVID-19, every business is doing what they can to adapt. Circumstances aren’t nearly the same as they were a year ago. We’ve all had to jump through hoops that none of us could ever have anticipated. Business owners have had to voraciously seek out loans and...
CFO Answers: What is the Goal of the Financial Section of a Business Plan?
Any million-dollar empire starts with a fantastic idea. However, to remain profitable, it needs a coherent, well-constructed business plan. As all creative entrepreneurs know, business plans should describe company goals, discuss products and services, and explain strategies. These are all...
4 Tips for Starting a Small Business from a Virtual CFO
MM Accounting has seen our fair share of small businesses starting up. As a virtual CFO service, MM Accounting serves wide-eyed entrepreneurs with bold visions and big dreams. Our primary aim is to provide the kind of financial insight that helps these businesses flourish. Without a doubt,...
3 Marketing Tips From a Virtual CFO
As a small business owner, there are a lot of things to constantly juggle. Everything from payroll to bookkeeping and profit margins need daily consideration. Virtual CFO services are an excellent way to keep your bookkeeping and finance in order. However, how can you market your business...
An Uncomplicated Guide to Small Business Loans
A small business loan is a way to finance your business when you don’t have the money to do so alone. Taking out a small business loan via a bank can help you in the development of your company. Loans can be general for any business. However, there are some loans specific to women, veterans and...