BookKeeping Tips
Recession-Proof Your Small Business: Smart Moves to Make Now
By: Charlotte Van Dyck At Team One Accounting, we know that economic uncertainty can create a lot of anxiety for small and medium-sized business owners. While no one can predict exactly when a recession might hit, preparation is key to building a resilient business that weathers the storm and emerges…
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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.…
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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…
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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…
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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…
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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…
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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…
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The Importance of Accounting Software for Your Small Business
As a small business owner, navigating your finances can be complex and time-consuming. Effective accounting software is the cornerstone of financial management, providing the tools and insights needed to make informed decisions and drive growth. At Team One Accounting, we specialize in leveraging our preferred accounting software, QuickBooks Online, to…
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The Vital Role of Soft Skills in Modern Accounting
Gone are the days when accountants were solely number crunchers hidden away in back offices. In today’s dynamic business landscape, the role of accountants has evolved significantly. Beyond technical proficiency, soft skills have become indispensable for success in the field of accounting. As your local Orange County bookkeeping service, Team…
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Navigating Tax Season with Confidence
Tax season can be a daunting time for small business owners, but with the right preparation and guidance, you can feel comfortable and confident as you tackle your taxes. As your trusted local Orange County bookkeeping service, Team One Accounting is here to support entrepreneurs like you every step of…
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