Business Planning
Team One Accounting is Orange County’s Local Bookkeeping Service! Our bookkeepers will help business owners understand, What exactly is an Audit?
The word “audit” can be thrown around a lot in casual conversation. When an accounting professional uses it, it means something very specific. Today we’ll talk about a variety of meanings, focusing on the most important ones for our clients: Financial Audits and IRS Audits! Financial Audit A financial audit…
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Team One Accounting is Orange County’s Local Bookkeeping Service! Our bookkeepers will help businesses understand Accounts Payable.
All businesses, no matter their size, have bills to pay. The larger the business, the more formal the accounts payable process tends to be. That doesn’t mean small business owners can’t benefit from a formal accounts payable process. We help our clients categorize payments and purchases, helping to weed out…
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Find the Best Pricing Method for YOU
How do you arrive at a price for the products and services you sell? While it depends on what industry your business is in, there are a handful of foundational pricing methods that are useful to know. Below your Favorite Orange County Bookkeeper reviews different pricing methods and why they…
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Your Favorite Orange County Bookkeeper with One Way to Maximize Time
Time Batching For small business owners, it seems like there is never enough time to get everything accomplished. One tool that will help you get the most out of your time is time batching, also known as time blocking. If practiced correctly, it can revolutionize the way you approach work.…
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Your Favorite Orange County Bookkeeper with 5 Ways to Make Your Business More Efficient
A great entrepreneur will always be on the lookout for ways to improve their business. Efficiency is a goal everyone wants to achieve when it comes to business because it can translate into less work and more profits. Below, Your Favorite Orange County Bookkeeper has listed five ways you and/or…
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Understanding Equity on the Corporate Balance Sheet
Your favorite number on the balance sheet might just be Cash. It’s easy to understand and something every business has. But there is a more meaningful number, at least in the long-term sense, and that’s equity. Below, Your Favorite Orange County Bookkeeper takes a deep dive into the equity section…
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When Your Remote Employee Lives and Works in Another State
Remote working has exploded in the last few years, especially in professional services. Now that companies are seeing the benefits of remote working, they are also seeing the benefits of an expanded pool of potential employees. Some firms are hiring employees that live several states away from where the office…
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Unravel Your Competitors’ Secrets with Mystery Shopping
Every business has competitors of one sort or another, and in many industries, it’s crucial to know what your competition is offering their customers. The good news is Your Favorite Orange County Bookkeeper has some suggestions on how you can find out what your competition is up to. This is…
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5 Subtle Ways to Increase Your Business Profit
Whether we’re headed for a recession or not, it’s always a good time to squeak out more profits from your business books. We’re not talking about drastically slashing expenses or spending a lot to raise revenue; Your Favorite Orange County Bookkeeper has 5 great tips to gently lift up your…
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How to Make Accountability Work
Every successful business owner needs accountability for the sake of their business. Entrepreneurs are excellent in running their day-to-day businesses, but some need more accountability to meet internal deadlines and long-term goals. Your Favorite Orange County Bookkeeper has some suggestions on how you can increase your accountability. Setting Goals and…
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