Clear Business Advisors

12/18/2024

We can help! What keeps a business owner up at night??? (see comment)

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12/09/2024

Is it time to hire a bookkeeper? Consider how much time you spend on the bookkeeping. Does it take you 30 or more hours a week? Are there areas where you lack the knowledge to do it properly? Are you behind on the bookkeeping? Can you afford to pay a bookkeeper? Would your time be better spent on other business tasks? Answer these questions and you will know if it is time.

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12/09/2024

"When you do the things you need to do when you need to do them,

the day will come when you can do the things you want to do when you want to do them."

--- Zig Ziglar ---

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12/07/2024

New Business Owner tip of the day:
The importance of tracking reimbursable expenses cannot be overstated. Neglecting this crucial task is akin to throwing away money needlessly. Not only do you risk losing money, but you may also forfeit valuable tax deductions. Utilizing expense-tracking apps or programs can simplify and streamline this process, ensuring consistency and accuracy. Make it a habit to record your expenses promptly to avoid overlooking any, as delays can lead to missed reimbursements. Remember, tracking reimbursable expenses is vital for maintaining a clear financial record in case of an audit and monitoring your business's financial well-being. hashtag hashtag

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12/07/2024

One thing that new small businesses owners do:
Failing to track reimbursable expenses.
Neglecting to track your reimbursable expenses is like flushing money down the toilet. Not only can you lose money, but you can also lose tax deductions, which is essentially the same thing. Again, there are plenty of expense-tracking apps and programs available to make this process easy and consistent. Try to get into the habit of tracking your expenses as you accrue them—the longer you go without tracking, the more likely your expenses will become overlooked. Tracking reimbursable expenses is just as important as saving your smaller receipts—one allows you to maintain a paper trail in the event of an audit; the other allows you to track the financial health of your business.

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12/03/2024

I do my own small business payroll. Why do I need a payroll service provider?
The bottom line: You’re an expert in your field. You don’t need to be one in small business payroll, payroll tax management, HR and benefits.

The right payroll service provider can assist you with those tasks with expertise, efficiency and ease—giving you the freedom to focus on your business, customers and employees.

Automating payroll with a payroll service provider can save you time, trouble and expense. It also can help you:

minimize payroll errors
avoid penalties and fines associated with non-compliance
automate payroll processing
reduce manual tasks
protect sensitive payroll data

11/29/2024

What are the top signs you should switch your payroll provider?
A new payroll solution might be the right move for you and your business if:

Errors are costing you time and money. Unexpected fines, penalties and interest can add up quickly for things like inaccurate payroll processing, incorrectly calculating payroll taxes or filing payroll taxes wrong or late.
Costs are unpredictable. Hidden costs and extra fees for features like running off-cycle payroll or extra payrolls can make it hard to predict your monthly bill.
Customer service options don’t meet your needs. It can get frustrating fast when adequate online help isn’t available, and you can’t reach a human.
Your business is growing, but your payroll solution isn’t. Struggling to add new employees, run different pay rates and pay schedules, or access in-depth reports takes valuable time away from managing your business and caring for your customers and employees. Your growing business could benefit from time-saving features like an employee portal, direct deposit, and timeclock and accounting software integrations.
It’s just hard to use and understand. A payroll solution for small business should be quick to learn, simple to use and accessible anywhere you are.

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11/29/2024

Now offering Payroll in all 50 states

11/25/2024

A lot of small businesses struggle to keep up their books. Let us help.

11/13/2024

When should I hire a bookkeeper?
The decision to hire a professional bookkeeper is usually triggered by a business owner’s experience of working late into the night, only to find that they’re still not keeping up with their bookkeeping duties. By this point, their books are usually out of order and whether they know it or not, they are often costing themselves money by paying more in taxes than they actually need to. Hiring a bookkeeper will help you to maximize the clarity of your company’s books so you have complete awareness of your income and expenses.

11/12/2024