You’re bringing in new customers, sales are looking good, and your profit and loss statement shows that your business is making money. So why does your bank account tell a different story? It’s a frustrating situation for many small business owners. You know your business is growing, but when it comes time to pay vendors, cover payroll, or invest in your next big opportunity, the money doesn't always seem to be there. The answer may come down to one important distinction: profit and cash flow...

As summer winds down, many business owners are focused on vacations wrapping up, kids heading back to school, and preparing for a busy fall season. But August is also one of the best times to evaluate your business finances before the rush of year-end planning begins. At Check & Balance Business Solutions, we often tell clients that a little financial maintenance now can save countless hours, and headaches, later. Here are seven important accounting tasks every business should tackle before...

As we celebrate 250 years of American independence this month, it's the perfect time to celebrate another kind of freedom; financial confidence. For small business owners, July marks the halfway point of the year, making it the ideal time for a mid-year financial review. Taking a closer look at your books now can help you avoid surprises during tax season and keep your business on track for a successful year. Why a Mid-Year Bookkeeping Review Matters Just as our country has grown and adapted...