As a small business owner, there are some things that are simply part of owning and running a successful business. Financial statements are one of those things. There are a few financial statements that are necessary for the success of small businesses. Mark Dicus & Company is here to talk about them in detail so…
Accurate payroll processing is a cornerstone of any successful business operation. It ensures employees are compensated correctly and timely, maintaining high levels of satisfaction and trust within the workforce. Furthermore, it upholds the business’s legal compliance, avoiding costly penalties and fostering a positive reputation. Today, we at Mark Dicus & Company would like to look…
As a business owner, it is vital that you are pricing your products right so that your business can be sustained. Sometimes, small business owners make the mistake of pricing their products wrong and it ends up being the demise of their business. It the prices are set too high, customers will be turned off…
One of the most challenging parts of owning your own business is navigating the tax filing process. It can seem complicated and difficult when you’re trying to find your footing. There are a couple of different ways that you can do it depending on how your business is structured. There will be different forms that…
Keeping your finances straight is extremely important when you’re a small business owner. Knowing your financial standing is essential in finding success. This means that you need to have a good understanding of what a credit and a debit works in the accounting world. Many small business owners don’t completely grasp this concept. Without understanding…
There are many people that think about debt as nothing but a bad thing. While you can quickly get into trouble with too much debt, debt is something that isn’t so cut and dry. In fact, you can make debt work for you and that is when you can see that debt is sometimes beneficial.…
Starting out as a new business is full of challenges. You want to make sure you do it right so that your business can properly grow and thrive in the given market that you’re in. Sometimes, this is easier said than done. There are various lending requirements that can make the process tricky if you…
When you embark on starting your own business, it can seem like the sky is the limit. For many, this is an absolute dream come true. There are so many possibilities in store for your budding business. Business cards to make, websites to design, goods to produce and services to provide. However, before you get…
When you are in the beginning stages of starting a business, it can seem like the bookkeeping end of things is quite manageable. You more than likely, will have no problem staying on top of your record keeping. However, as your business grows, it will become increasingly difficult to stay on top of the record…
Running a small business comes with its fair share of challenges, and managing finances is undoubtedly one of the most critical aspects. While it may be tempting to handle accounting tasks on your own to save costs, there comes a point where seeking professional assistance becomes not just beneficial but essential. In this blog post,…
