Business Building
What is a Fractional CFO? How Can They Help Your Business Thrive (Part 1).
As a small business owner, managing your company’s financial health is critical for sustainable growth, but hiring a full-time Chief Financial Officer (CFO) may not always be feasible. That’s where a Fractional CFO comes in. A Fractional CFO is a financial expert who works with multiple businesses on a part-time…
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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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Professional Authenticity: Balancing Business with Personal Values
As a business owner, authenticity is your greatest asset. In today’s competitive landscape, customers crave genuine connections, and embracing your true self can set your business apart. The challenge here lies in finding the balance between true authenticity and professionalism. At Team One Accounting, your local Orange County bookkeeping service,…
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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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Clean Financial Books for a Smooth Tax Season
Tax preparation season is upon us. As entrepreneurs, it is up to us to ensure we are on the right path to proper tax filing, with the help of tax and accounting professionals, of course! Your local Orange County bookkeepers at Team One Accounting are ready to help get your…
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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…
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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.…
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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…
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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…
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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…
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