Why Local Businesses Should Prioritize Community Partnerships

A diverse group of volunteers in matching blue shirts stand together with arms around each other, representing community partnership and local business engagement.

Most community involvement starts with a check. In December, you make a contribution to put your logo on a T-shirt or buy a table at the gala. Those things matter, and it’s worth saying so before anything else: the nonprofit cashes the check either way, and an enormous amount of good work gets funded exactly […]

Cash vs. Accrual Accounting: Which Is Right for Your Business?

A small business owner reviews financial documents and accounting records at a desk, illustrating the choice between cash vs. accrual accounting methods.

For many small business owners, the question of which accounting method to use gets decided early, often by whoever set up the books, and then never revisited. That is a mistake. Your accounting method affects how income and expenses are reported, when you owe taxes, what your financial statements look like to lenders and investors, […]