Don’t Save For Retirement! What?

As an accountant and business coach for owners of start-ups and small businesses, I get the question from time to time concerning saving for retirement. “Should I save for retirement?” Many times my advice is “no”. To clarify, I do believe that savings for retirement is up there on the priority list. After all, who wants to work until the day the fall …

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The Two Objectives of Bookkeeping

Your small business accounting should be prepared with two objectives in mind. Tax Compliance Accounting recordkeeping should follow the tax code in regards to what is business revenue and expense, and how expenses should be classified. Managerial Insight Accounting information, if structured properly, should also give a business owner insight into the health of their business. This insight starts with the …

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