So, you’re eyeing a juicy business opportunity – a $550,000 S-corporation with promising numbers. But before you dive in headfirst, let’s take a deep breath and unpack the financial puzzle that’s got you scratching your head. Trust me, you’re not alone in this maze of numbers and acronyms. Let’s roll up our sleeves and dig...
As a seasoned business owner in the cannabis industry, you’ve experienced the unique challenges of managing both finances and operations firsthand. A common obstacle is the limited support from mainstream financial software providers like QuickBooks. This encapsulates a significant pain point for cannabis businesses. In this article, we will delve into why these challenges exist...
Are you dreaming of owning your own business but feeling overwhelmed by the financial hurdles? You’re not alone. Many aspiring entrepreneurs find themselves in this boat, wondering if they can navigate the choppy waters of business acquisition without drowning in a sea of cash requirements. One lifeline that often comes to mind is the SBA...
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! The Data Dilemma: When Numbers Become Overwhelming My Friend’s...
Your LLC has to comply with the Corporate Transparency Act (CTA)
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
Key Components of Quality of Earnings
SBA Loan vs. HELOC
Accurate financial statements, reliable accounting records and tax returns are the basis for your Seller's Discretionary Earnings (SDE) calculation
Why Data Analytics Matters for Your Small Business First things first, why should you even care about data analytics? Think of data as the heartbeat of your business. It tells you what’s working, what’s not, and where potential opportunities lie. By tapping into data: You understand your customers better. What are their buying habits? Which...
CentsIQ is a bookkeeping and financial services provider. We serve businesses in Seattle WA (Bellevue, Redmond, Kirkland, Renton, Kent, Maple Valley, Covington) , Portland OR, Memphis TN and beyond.
