Statistics tell us that nearly 80% of small businesses will fail in the first 18 months after opening. One of the most common reasons for failure is financial management – or lack thereof.

Statistics tell us that nearly 80% of small businesses will fail in the first 18 months after opening. One of the most common reasons for failure is financial management – or lack thereof.
If you have not yet finished wiping the sweat from your brow from reconciling your 2021 taxes, now is an excellent time to make decisions to avoid the same stress next year
The term “accounting” is a general one that describes how businesses keep financial records. The process involves systematically recording, summarizing, and analyzing financial transactions to tax agencies and regulatory authorities
Never before has it been so hard to retain workers. There are too many positions that need to be filled and not enough people looking to work to fill them.
The good news is that your business is taking off – the bad news might be that you aren’t prepared to handle the growth and expansion that you are “enjoying.”
When you run a business start-up, those first few months to years are all about nurturing it and helping it grow.
A CPA is short for a “certified public accountant.” They are professionals with a CPA exam certification and are licensed in the state where they reside.
I get the same question from the small business owners I approach all the time, which is “Does every small business need an accountant?” My answer to that question is “Yes.” It isn’t so much that you “need” an accountant, but using local Charleston accountants for your financial information can help take your business to the next level.
Often, when I approach small businesses, the number-one question that they have for me is what I do and how I can take their business to the next level.
Just like finishing a test in high school, there is a period of relief because our 2019 taxes are finally behind us, but then, a quick realization that it starts all over again.