The Luck of the Prepared: Why Financial Planning Beats Luck Every Time
By: Charlotte Van Dyck Many business owners hope for a lucky break when it comes to their finances, but real success doesn’t come from luck—it comes from preparation. Strategic financial planning ensures stability, scalability, and long-term profitability. Rather than leaving your business’s financial future up to chance, here’s how you can create your own “luck”…
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Staying Ahead: 2025 Tax Preparation Tips
Business tax filings are due on March 15th. If your business isn’t ready yet, here are our tips to polish up your 2024 books in this last home stretch before the deadline, and how Team One Accounting can help. Digitize and Categorize Financial Records Now Instead of sifting through paper piles in March, start digitizing…
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Breaking Up with Bad Financial Habits: A Valentine’s Day Resolution for Business Owners
While everyone is talking about love and relationships this Valentine’s Day, let’s take a moment to address a different kind of relationship: the one you have with your business finances. For many business owners, bad financial habits can act like toxic partners, quietly holding back progress and causing unnecessary stress. Making the decision to break…
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Accounting Reports Every Business Owner Should Review in the New Year
As a business owner, starting the New Year with a clear understanding of your financial health is essential for setting realistic goals and driving growth. Reviewing key accounting reports regularly helps you make informed decisions and spot opportunities or challenges early on. Here are the top accounting reports every business owner should prioritize for 2025…
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The Role of a Bookkeeper in Your 2025 Financial Resolutions
New Year’s resolutions aren’t just for personal growth, they’re also a great opportunity to improve your business finances. Whether you’re aiming to reduce costs, increase revenue, or streamline operations, a professional bookkeeper, like your local Orange County ones at Team One Accounting, can play a pivotal role in keeping your resolutions on track. Here’s how.…
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Setting Financial Goals for the New Year
The start of a new year is the perfect time to refocus and set financial goals that drive your business forward. Clear, actionable goals not only guide your financial decisions but also set the foundation for long-term success. Here’s a step-by-step guide to crafting impactful financial goals for your business—and how Team One Accounting can…
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A Year-End Accounting Checklist
As 2024 comes to a close, it’s time for small businesses and entrepreneurs to wrap up their financial tasks to ensure a smooth transition into the new year. A thorough year-end accounting checklist helps you close out the year confidently, stay compliant with tax regulations, and prepare for growth. Here’s a guide to streamline your…
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Why You Should Conduct a Year-End Financial Review
As this year nears its end, now is an ideal time for business owners to take a step back and assess their business’s financial performance. A year-end financial review isn’t just about tying up loose ends; it’s a strategic opportunity to gain insights that can shape next year’s growth and success. Here’s why Team One…
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Giving Back
With the holiday season fast approaching, now is a perfect time for small businesses to show appreciation for their customers—we wouldn’t be here without them! Thoughtful gestures can foster loyalty, create meaningful connections, and spread holiday cheer. Here are some heartfelt ways to give back to your customers this season: 1. Send a Personalized Thank…
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