As your business grows over time you will probably want to expand and hire people for different roles. Luckily, there are many options available for companies who need to find talented workers. As an employer, there are two main types of workers: employees and independent contractors. What’s the difference you ask? For a new [...]
Every business owner’s favorite question is: “How can I make more money now?” There are many ways you can use your wealth of knowledge as a tool to bring in more revenue for your business without using a ton of time and money in the process. Here are 5 quick ways to up your [...]
Outsourced Accounting Many small businesses choose to operate their accounting services on their own rather than hiring an outsourced accountant. What they don’t know is outsourcing these services might be the very thing that pushes their business to the next level. Having an in-house accounting department is not something many businesses can afford to [...]
The mixing of personal and business finances is especially common in the beginning stages of business. It is something that you should work to separate as soon as possible. Mixing personal and business finances is dangerous. This makes it hard to see what your cash flow in the business is, [...]
Hiring a new employee can be a stressful situation, especially if it is your first time. You don’t want to bring just anybody into the business you’ve worked hard to create, but the fact of the matter is... you need the help. In true GMLCPA fashion, you have to make it fun! Here’s our [...]
Have you ever been left with money at the end of the month, quarter, or year, and wondered what to do with it? Certainly putting it away for a rainy day is a great use of the money, but if your rainy day fund is already plump and you want to find a good way [...]
“Don’t fear failure, fear being in the exact same place next year as you are today” (Unknown) This is a quote that really encapsulates everything we want to remember throughout the entire year. We are a firm that focuses on growth in ourselves, and especially in our clients. We know from experience that it isn’t [...]
When you first start out in business, it’s standard to service clients from a wide variety of industries. If you are building your client base it’s a smart way to start, and the only way to discover which industry you prefer or have the most success in. After a while, though, it’s important to look [...]
For most people, the moment when they made the decision to leave their job and start a business of their own always stands out in their minds. They can point to a specific day, a specific conversation or a certain book they were reading when they decided that they were actually going to do it. They can [...]
When was the last time you hired a person expecting them to be your office manager, accountant, CPA, receptionist, tax planner, human resource department, payroll department, accounts receivable and accounts payable and an expert IT Specialist? Ummmm hmmmm.. Exactly! This is not an overstatement. Small business owners put an immense amount of pressure on the [...]