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Are You Struggling To Make Progress On Your Business Debt?

Monday, October 09, 2023

Are you struggling to make progress on your business debt due to its overwhelming amount? Find that you’re just not making progress on your debt, no matter how hard you try? If that’s the case, you might be facing overwhelming debt.

How Much Small Business Debt Is Too Much?

Starting a small business can take a lot of time and money, which is why many entrepreneurs leverage debt in the beginning. Debt can be a useful tool to start your business, but make sure your debt is working for you, not against you.

If your debt and expenses begin to outpace your revenue, this can lead to significant financial problems. This article will explain how much business debt is too much, and what steps you can take to improve your business’ financial standing.

Check out this article by Jamie Johnson at business.com:

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About J&S Accounting

At J&S Accounting, we provide expert bookkeeping services tailored to the unique needs of small businesses and nonprofits. We recognize the challenges that come with maintaining accurate financial records and how vital this is for the smooth operation and growth of your business. As a woman and minority-owned firm, we’re proud to offer our expertise to businesses in Savannah, GA, and across the nation, helping them navigate financial complexities and achieve better financial management.

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What others are saying about us

"...Janel has patiently worked with me to get my books organized exactly how I need to see them..."

We could not be happier with the services J&S Accounting provides our company. Janel and her team seamlessly migrated all of our companies financials to QuickBooks without any disruption to our day to day operations and they continue to support us with our bookkeeping and payroll needs. Janel has been an absolute pleasure to work with and I highly recommend them to anyone looking for help with business accounting and QuickBooks!

"Janel and her team seamlessly migrated all of our companies financials to QuickBooks..."

Janel has been a lifesaver! My husband and I have owned our small business since 2016 and I can honestly say I have never felt more confident in my books since I started working with J&S. We have multiple locations, channels of revenue and POS systems and Janel has patiently worked with me to get my books organized exactly how I need to see them, which was no easy feat! Businesses function on well built systems and our bookkeeping system needed a lot of help. Janel worked with me to rebuild, fine tune, and is assisting me in maintaining our bookkeeping system and I am forever grateful!

"We highly recommend her to anyone who needs help with bookkeeping!"

Janel has helped us navigate our bookkeeping and tax prep for several years now, and we'd be lost without her! We highly recommend her to anyone who needs help with bookkeeping!

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Disclaimer

This content is for information purposes only and should not be considered legal, accounting, or tax advice, or a substitute for obtaining such advice specific to your business from a professional accountant. Additional information and exceptions may apply. Applicable laws may vary by state or locality. No assurance is given that the information is comprehensive in its coverage or that it is suitable in dealing with a customer’s particular situation. J&S Accounting does not have any responsibility for updating or revising any information presented herein. Accordingly, the information provided should not be relied upon as a substitute for independent research. J&S Accounting does not warrant that the material contained herein will continue to be accurate, nor that it is completely free of errors when published. Readers and viewers should verify statements before relying on them.

© 2023-2024 J&S Accounting and Tax Services LLC, dba J&S Accounting. All Rights Reserved.

​315 Commercial Dr, Ste B6, Savannah, GA 31406

Disclaimer

This content is for information purposes only and should not be considered legal, accounting, or tax advice, or a substitute for obtaining such advice specific to your business from a professional accountant. Additional information and exceptions may apply. Applicable laws may vary by state or locality. No assurance is given that the information is comprehensive in its coverage or that it is suitable in dealing with a customer’s particular situation. J&S Accounting does not have any responsibility for updating or revising any information presented herein. Accordingly, the information provided should not be relied upon as a substitute for independent research. J&S Accounting does not warrant that the material contained herein will continue to be accurate, nor that it is completely free of errors when published. Readers and viewers should verify statements before relying on them.