Current Accounting
Raising your prices can feel risky, especially when you’ve worked hard to build trust and loyalty with your clients or customers. However, the truth is that not raising your prices can quietly erode your profits, limit your growth, and ultimately put your business in a challenging financial position, which is something none of us wants. […]
As a small business owner, it’s easy to get caught up in day-to-day responsibilities, such as sales, customer service, operations, and just keeping things moving forward. But if you’re not regularly looking at your numbers, you’re pretty much flying blind. Luckily, tracking a few key financial metrics each month can help you make smarter decisions, […]
If you’re like most small business owners, the “chart of accounts” probably isn’t something you think about all that often. It lives in your accounting software, quietly collecting transactions. But here’s the truth: a poorly structured chart of accounts (COA) can create real problems, ranging from inaccurate reporting to costly tax errors. In this blog, […]
In business, numbers talk. And when you’re looking to secure a loan or attract investors, they might just be the loudest voice in the room. Whether you’re a startup seeking funding or a growing company applying for a commercial loan, your financial statements are one of the first things any lender or investor will scrutinize. […]
If you’ve ever sat through a meeting with your accountant or stared blankly at your bookkeeping software, wondering what half the terms mean, you’re not alone. There are a ton of financial words flying around, and it can be hard to keep up. However, as a small business owner, you’re expected to be the CEO, […]
You might be bringing in clients, sending out invoices, and even showing a profit on paper—so why does your business bank account still feel tight? We often hear this question at Current Accounting, and it usually boils down to one thing: confusing profit with cash flow. They’re not the same. Treating them like they are […]
Starting a business is exciting. But amid the brainstorming sessions, brand design, and product launches, one crucial piece is often overlooked—your financial foundation. At Current Accounting, we’ve worked with countless startups, and we see one pattern repeatedly: the earlier you bring in a proactive accountant, the stronger your business will be in the long run. […]
No matter the industry—whether it’s construction, consulting, marketing, or software development—cost overruns can turn a profitable project into a financial headache. When project costs exceed the budget, businesses are left scrambling to cover unexpected expenses, leading to reduced margins, cash flow issues, and even strained client relationships. At Current Accounting, we help businesses in Charleston […]
Starting a business is an exciting journey filled with passion, innovation, and the drive to build something meaningful. But even the best ideas need a solid financial foundation to succeed. Without strategic planning, unexpected costs, cash flow challenges, and tax burdens can derail progress. At Current Accounting, we work with Charleston startups to create financial […]