BookKeeping Tips

Top 10 Bookkeeping Questions Asked by Small Business Owners (FAQ)

By Charlotte Van Dyck | Jul 24, 2025

By: Charlotte Van Dyck At Team One Accounting, we talk with entrepreneurs and small business owners every day, and we hear a lot of the same questions when it comes to managing business finances. Bookkeeping isn’t always intuitive, especially if your focus is on growing your business, not tracking numbers.…

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Bookkeeping – How to Keep Up During Vacation Time

By Charlotte Van Dyck | Jul 15, 2025

By: Charlotte Van Dyck Vacation season is here! If you’re like many small business owners, you’re trying to balance much-needed time off with the ongoing demands of running your company. Unfortunately, bookkeeping doesn’t pause just because you do. Even a brief lapse in attention can lead to missed invoices, cash…

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Sizzling Savings – How to Maximize Business Tax Deductions Early

By Charlotte Van Dyck | Jun 18, 2025

By: Charlotte Van Dyck While many small business owners don’t start thinking seriously about taxes until the final quarter of the year, the truth is that your biggest tax savings happen when you plan ahead, and summer is the perfect time to do just that. With half the year already…

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The Cost of Waiting

By Charlotte Van Dyck | Jun 11, 2025

By: Charlotte Van Dyck Summer is often seen as a time to slow down, reflect, and regroup before the hustle of fall and the intensity of year-end tasks. For business owners, this seasonal lull presents a strategic opportunity: not just to plan ahead, but to take action on systems that…

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Recession-Proof Your Small Business: Smart Moves to Make Now

By Charlotte Van Dyck | May 21, 2025

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

By Charlotte Van Dyck | Feb 14, 2025

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

By Charlotte Van Dyck | Jan 23, 2025

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

By Charlotte Van Dyck | Jan 15, 2025

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

By Charlotte Van Dyck | Dec 25, 2024

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

By Charlotte Van Dyck | Dec 11, 2024

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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