Bankruptcy is a word no business owner wants to hear, but it’s a reality that many businesses face, especially during periods of economic uncertainty or rapid growth. While a number of factors can contribute to business failure, the number one cause of business bankruptcy is poor cash flow management.

Running a business means wearing many hats, managing growth, keeping up with clients, and keeping a close eye on your books. One often overlooked risk is expense fraud.

Managing finances is crucial to running a small business. Business owners can ensure long-term stability and growth by implementing effective financial strategies. Here are eight essential financial planning tips for small business owners.

As a business owner, it's essential to begin the new year with a clear financial plan. By adopting a money-saving mindset, you can ensure the financial health and success of your business.

In the fast-paced realm of small businesses, especially in the service industry, financial management is essential for sustainable growth and profitability. As trusted advisors and supportive partners, J&S Accounting Services empowers small business owners, non-profit organizations, restaurant owners, and tradespeople with proven financial management strategies tailored to their unique needs.

In the fast-paced world of small business, maintaining financial health and compliance is crucial, yet often overwhelming for many entrepreneurs. Consistent bookkeeping support is pivotal in ensuring your small business remains tax-ready, providing peace of mind when tax season arrives. With the expert assistance of J&S Accounting, you can effortlessly navigate the complexities of small business bookkeeping and financial management.

Tax season is a time that many of us approach with anticipation and anxiety. While getting a refund can be exciting, preparing your taxes can often feel overwhelming. Here’s how effective bookkeeping can make your life easier:

Pricing for contracting services can be challenging when running a successful business. At J&S Accounting, we know that your pricing strategy should ensure profitability and keep your clients satisfied. One popular approach that many contractors have turned to is flat fee pricing. But is it the best option for your business? Let's explore the different pricing models and their pros and cons.

When working as a contractor, receiving payments efficiently is crucial to maintaining a steady cash flow and ensuring your business runs smoothly. Here are the essential elements you need to know:

As we approach the end of 2024, restaurant owners must ensure their financial books are in shape. Proper year-end accounting keeps your restaurant compliant and sets a solid foundation for the upcoming year. At J&S Accounting, we understand the unique challenges of managing restaurant finances. Here’s a checklist to help streamline your year-end accounting tasks.

If you're considering starting an electrician business, you're not alone. The electrical industry is growing, and there's a lot of potential for new entrepreneurs. But where do you start? Let's break down the essential steps to setting up a successful electrical business.

In the fast-paced real estate world, agents juggle many tasks daily. The to-do list is never-ending, from meeting clients and staging homes to negotiating contracts and closing deals.

As the year draws to a close, e-commerce businesses must prepare for the upcoming financial year with precision and strategic planning. At J&S Accounting, we understand the unique challenges that online retailers face, especially during this pivotal time.

Whether starting your own business or adapting to the work-from-home lifestyle, having the proper setup can make a difference.

From our bookkeepers and analysts to our admin assistants and marketing professionals, each team member enjoys the flexibility of working outside a traditional office environment.

One effective way to encourage timely payments is by implementing late fees for overdue balances. This blog will discuss how to charge late fees and provide a step-by-step guide to setting this up in QuickBooks.

We are thrilled to announce that Janel Varnadoe, CEO of J&S Accounting, has been selected as a distinguished speaker for the SBDC GrowSmart™ Program! Janel will share her expertise during the fourth module, which focuses on Financial Analysis, Tools, and resources.

Selecting the right accounting software can be a game-changer for your small business. With the right tools, you can streamline your financial processes, ensure compliance, and gain critical insights into your operations.