Tag Archives: small business

Going Beyond: Fixed Asset Management

fixed asset management pond

Here at Beyond Balanced Books, we aim to go further, or beyond, traditional bookkeeping. We actively look for ways to help our clients create the best outcome for their business. One way we do this is by providing fixed asset management services. What do fixed asset management services entail? And why should you be interested […]

I Received a Tax Notice. What Do I Do?

tax notice what do I do

Receiving a tax notice might raise concerns, but as a small business owner, staying composed and taking specific steps can help navigate this situation smoothly. Here’s a simple five-step guide on what to do when you receive a tax notice: Step 1: Don’t panic It’s really important to stay calm. Take a moment to carefully […]

I am switching payroll providers – what should I know?

switching payroll blue chairs

You have decided it’s time to switch your payroll provider. After accessing your payroll needs and researching your options, you have settled on a solution. It should be smooth sailing from here on out – right?  Not so fast. Switching payroll service providers can be a big move for your business. Whether you’re doing it […]

How can I keep my money protected?

cash protected sunflower

Business is going well, and you have some substantial cash in your bank account. How do you keep it safe? In this article, we discuss some practical steps business owners can take to keep their money protected.  Open a savings account This first step seems almost too simple, but it is important. You may be […]

Which parts of my business are profitable?

profitable buckets

If you have been in business for a while, at some point, you will need to make the transition from surviving to thriving. One important way to get there is to identify which parts of your business are profitable. Many conversations with our clients revolve around this topic. We are sharing some of the suggestions […]

What to know before you enter a partnership

trees partnership

Starting a business is an exciting, if not overwhelming, venture. Starting a business with another person doesn’t have to be daunting. We discuss what you should know before you enter a business partnership. Just follow these steps and you can enter a business partnership with confidence. Ensure your values and goals align The will to […]

What is a suspense account?

What is a suspense account

Have you ever noticed that some transactions in your books are being categorized to a suspense account? Suspense accounts can be confusing. You may have questions such as: What is the purpose of this account? When do you use it? Why does it have a balance?  We will discuss each of these questions one at […]

Five Ways to Spring Clean Your Business

wheelbarrow spring clean your business

Winter is officially over and spring has arrived with sunshine, flowers, and longer days. Throwing open the windows and letting in the fresh blossom-filled air, reminds all of us of renewal and new beginnings. You may be thinking of giving our living spaces a deep cleaning. But could you spring-clean your business? Here at Beyond, […]