Author: Burgess & Associates

05/03/2023

Unlocking the secrets of small business cash flow

Maintaining a healthy cash flow is essential for sustainability and growth when running a small business. Your business can be…  Keep reading

By Burgess & Associates

Posted in Cash, Management

04/19/2023

Using financial reconciliation to keep your business on track

As a small business owner, you’re likely already aware of the importance of keeping your finances in order. Financial management…  Keep reading

By Burgess & Associates

Posted in Accounting

03/23/2023

5 Common Bookkeeping Pitfalls — and How to Avoid Them

Although most entrepreneurs recognize the importance of careful financial management, few want to spend their time dealing with numbers. But…  Keep reading

By Burgess & Associates

Posted in Accounting, Management

03/17/2023

How to manage payroll effectively

Payroll is one of those things that starts simply enough. You start your business, hire a few employees, and things…  Keep reading

By Burgess & Associates

Posted in Accounting

03/09/2023

5 Steps to Setting Up Your Business Processes for Success

When a business starts, it’s natural for the owner to be a jack-of-all-trades. You may not have the capital to…  Keep reading

By Burgess & Associates

Posted in Leadership

02/21/2023

Use your Accounting Software to Boost Sales

If you think accounting software is just for tracking expenses and generating financial reports, you’re losing out on an opportunity…  Keep reading

By Burgess & Associates

Posted in Accounting, Firm News, Growth, Management

02/09/2023

Why hiring a bookkeeper is a great investment

As a small business owner, you’re likely concerned about every penny you spend. That’s a good thing because you need…  Keep reading

By Burgess & Associates

Posted in Accounting, Management

02/02/2023

Tax tips for new business owners

Want to avoid paying more than you should come tax time? Or a frantic last-minute search for missing financial records?…  Keep reading

By Burgess & Associates

Posted in Leadership, Management, Tax

01/11/2023

Ways to keep customer data secure

Cybercrime is a serious concern for business owners. IBM Chair, CEO, and President, Ginni Rometty, called it “the greatest threat…  Keep reading

By Burgess & Associates

Posted in Management, Technology

01/03/2023

The three most important financial reports

While many small business owners prefer brainstorming new ideas to pouring over financial reports, getting a handle on financial analysis…  Keep reading

By Burgess & Associates

Posted in Accounting

12/29/2022

What are your small business New Year resolutions?

The beginning of a new year is the perfect time to reflect on what’s working in your business and to…  Keep reading

By Burgess & Associates

Posted in Firm News, Leadership

12/19/2022

3 Tips to Make the Most of the End of Financial Year

Preparing your End of Financial Year (EOFY) information often feels stressful—there are receipts to sort out and reports to review.…  Keep reading

By Burgess & Associates

Posted in Accounting, Firm News

12/08/2022

How to manage small business inventory

When starting a small business, owners often think about things like the storefront, branding, and displays. They think of smiling…  Keep reading

By Burgess & Associates

Posted in Management

11/27/2022

Business tips for the end of the year

The end of the year tends to be chaotic for business owners, but it’s an excellent time to get some…  Keep reading

By Burgess & Associates

Posted in Leadership, Management

11/15/2022

Employee vs contractor – what you need to know

Depending on the nature of your business, you may have workers who are employees or contractors, or you may have…  Keep reading

By Burgess & Associates

Posted in Management, People

11/08/2022

Differences Between an Accountant and a Financial Planner

When it comes to managing your finances, there are two professions that can help you understand your numbers, and ensure…  Keep reading

By Burgess & Associates

Posted in Accounting, Management

11/01/2022

6 Essential Accounting Terms for Small Businesses

Hiring an accountant is widely considered the best practice for small business owners.  But delegating financial analysis and reporting doesn’t…  Keep reading

By Burgess & Associates

Posted in Accounting, Management

10/26/2022

3 Consequences of Avoiding Your Bookkeeping

If you ask 100 business owners what they like least about running a business, chances are good that bookkeeping will…  Keep reading

By Burgess & Associates

Posted in Accounting

10/20/2022

5 common payroll implementation errors you can easily avoid

Upgrading or changing your payroll system comes with a ton of wonderful benefits. Saving time and money, making everyone’s lives…  Keep reading

By Burgess & Associates

Posted in Management, People

10/11/2022

Do you know your break-even point?

All business owners need to be aware of their break-even point — the number of units they need to sell…  Keep reading

By Burgess & Associates

Posted in Accounting, Management