5 easy ways to perform due diligence when acquiring an electrical contracting business: 5 key things to know as search funder
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Discover the pros and cons of using transaction date vs. posted date in accounting. Learn best practices for consistent record-keeping and how to handle various scenarios.
Why Seller's Discretionary Earnings (SDE) is Used Over EBITDA
5 Steps You Don't Want To Miss when Buying a Cash Business
Are you a small business owner drowning in data? You’re not alone. In this comprehensive guide, we’ll explore how small business analytics can transform your operations, boost profits, and give you a competitive edge. Let’s dive into the world of numbers and emerge with actionable insights! Table of Contents1 The Data Dilemma: When Numbers Become...
Your LLC has to comply with the Corporate Transparency Act (CTA)
So, you’ve taken the plunge into the bustling world of Amazon selling. Congrats! But now comes the not-so-glamorous part—keeping track of your finances. If the thought of manually reconciling sales data sends shivers down your spine, you’re not alone. Integrating Amazon accounting software can feel like navigating a maze without a map. But fear not!...
In today’s fast-paced world, data is the new oil, and if you’re not tapping into it, you might as well be running on empty
A comprehensive Quality of Earnings (QoE) report is essential when considering the purchase of a temporary staffing agency, as it provides a detailed analysis of the company's financial performance and sustainability.
Problem: You’re using FreshBooks to track time and expenses, and you want to invoice your clients without showing them every linked expense and vendor. Instead, you want to present a clean invoice that summarizes labor and materials costs. The good news? You can absolutely do this in FreshBooks by customizing your invoices. Simplify Your Invoicing...
The Challenges of Small Business Bookkeeping: Why You Can’t Afford to Get it Wrong Starting your own business is an exciting adventure, but keeping your books in order is often a daunting task. Many entrepreneurs are tempted to handle bookkeeping on their own to save money. However, without a strong grasp of accounting principles, this approach can lead to serious financial mistakes.
Table of Contents1 Introduction2 Understanding Micro-SaaS Businesses3 The Challenge of Financing Micro-SaaS Acquisitions4 Leveraging SBA Loans for Micro-SaaS Acquisitions5 The Importance of Debt Service Coverage Ratio6 Structuring Your Micro-SaaS Acquisition Deal7 Navigating the Acquisition Process7.1 1. Valuation and Multiples7.2 2. Due Diligence7.3 3. Negotiation and LOI7.4 4. Closing the Deal8 Overcoming Common Challenges8.1 1. Lack...
Key Components of Quality of Earnings
The QuickBooks Online Accounting Software for Small Businesses: Why Some Bookkeepers Are Saying "QBO? More Like QB-NO!
Why You Should Transition from Quickbooks Desktop to QuickBooks Online
CentsIQ is a premier bookkeeping and financial services provider. We serve businesses in Seattle, Bellevue, Redmond, Kirkland, Renton, Kent, Maple Valley, Covington, Portland, Memphis and beyond. Our expert team offers tailored solutions including bookkeeping, fractional CFO support, advanced analytics, and quality of earnings assessments. Let us handle your finances so you can focus on growing your business.
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