Starting the New Year Strong: Identifying Your Priorities as a Business Owner
As we begin the New Year, now is an opportune moment for entrepreneurs and business owners to reflect on their aspirations and set the tone for the year ahead. At Team One Accounting, your trusted local Orange County bookkeeping service, we understand the significance of starting the year on the right foot. Let’s start by…
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Understanding 1099 Forms: A Small Business Guide
When it comes to running a small business, managing finances is paramount. One essential aspect that often puzzles entrepreneurs is the realm of tax forms, especially the enigmatic 1099. As the year begins to come to a close, it’s important to begin preparing for tax season as a business owner. In this blog post, your…
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Building Your Supply Chain’s Resilience
Supply chain breakdowns continue to stymie small businesses, causing them to lose sales and profits. Whether your business has been affected or not by supply chain delays and shortages, it’s a good idea to take steps to make your supply chain as resilient as possible. Your supply chain starts with gathering the materials that go…
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Understanding Goodwill in Accounting
You might know the word “goodwill” as the name of a local charity where you can drop off household items you no longer need. It might also be something that’s talked about at church. But in accounting circles, goodwill is something completely different. This article contains a lot of technical terms, but we will walk…
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Cool Tech Tools: ChatGPT
The topic of artificial intelligence (AI) has been in the news quite a bit recently, and one of the reasons is the launch of an AI chatbot called ChatGPT. The GPT in ChatGPT stands for generative pre-trained transformer, which is a program that can realistically write like a human and interact in a conversational way.…
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Don’t Shortchange Yourself: What an Entrepreneur’s Pay Should Cover
Being in business means taking a lot of risks, especially financially, and as an entrepreneur, you deserve to be rewarded for those risks. Your pay is just one of the many benefits of your self-employment. But it’s not like the pay you get as an employee; it needs to be more comprehensive than that. Getting…
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Team One Accounting is Orange County’s Local Bookkeeping Service, here to help with all your bookkeeping needs. Let’s explore:5 Ways to an Accountant’s Heart
1. A Successful Partnership Intuit conducted a survey in October 2022 which found tremendous benefits to the accountant-business owner relationship: ● Nine out of ten small businesses with an accountant or bookkeeper say they contribute to the business’s success. ● More than eight out of ten business owners say accounting professionals helped them reduce the…
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Team One Accounting is Orange County’s Local Bookkeeping Service, flying in to help with your bookkeeping needs.
Cool Tech Tools: Drones Drones were considered fun when they first came out, but they are far from toys. Drones have surprising benefits with extremely high return on investment to certain business owners. A drone is a robot that can fly and that is controlled by a remote device. The technology includes GPS (global positioning…
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6 Ideas to Put the Spring into Your Spring Revenue
While spring brings a change in the weather for most locations, it also brings a number of opportunities to refresh your products and services. Spring is a great time to boost your marketing campaigns so that you can boost your business revenues. For Example, “Let us give your Books a thorough SPRING-CLEANING!” Adding the theme…
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