It is all about the numbers, right? Well, not really. When it comes to accounting for your business, not finding the right professional can land you in a whole lot of trouble, both financially and personally.
Often, the terms “bookkeeping” and “accounting” are used interchangeably, but although they have things in common, they are not actually the same. Both bookkeepers and accountants do one thing – they work with finances for small businesses.
As a start-up business, you typically have a skeletal staff wearing multiple hats to further your company toward growth and expansion. As such, there is almost always the inevitable question about where you can afford to spend, which usually isn’t a financial team right out the gate
Small businesses are created by entrepreneurs who have the vision to build something great. And although most of them have an amazing financial aptitude, their first task is to start-up and grow their company.
Picture this – It’s April 16th, and you’ve just finished another exhaustive process with your CPA filing your business and personal taxes. While there’s an immediate sigh of relief to have another year behind you, the harsh reality is that you’re already nearly halfway through the next year from an accounting and bookkeeping perspective.
We have written articles in the past about how bookkeeping in Charleston, SC is nothing short of balancing a checkbook, which doesn’t give small businesses enough information necessary to take their company to the next level.
I’ve always been fascinated by the tech evolution back in the 80’s with Apple vs. IBM, and ultimately, Apple vs. Microsoft. Obviously, none of us saw the COVID-19 pandemic coming, which leads me to one of the key themes that we, at Current Accounting…