Scrubbed

If you own or manage a young manufacturing business, you may have come to realize your accounting processes are, well, a headache. Let’s take a look at some common challenges manufacturing enterprises face and how you can solve these problems to achieve what you set out to do in the first place: make a profit. #manufacturing #accounting

Wish you a safe, love-filled, and prospering Independence Day! Happy Fourth of July!

Got so many ideas? People can become overwhelmed if they create so many stages that they believe must be completed. Simply begin with the first step and then ask, "What's next?" The magic is in turning ideas and dreams into reality.

Vista Living has a mission and passion to provide each resident in our homes with the highest level of personalized care that is loving, warm, and quick to respond to ever-changing health needs. Read more about Vista Living at https://bit.ly/3hRpH5m #ClientTestimonial

Of the 28 million small businesses in the USA today, almost 22 million of them are 'nonemployers'. That means that they are operating without any employees or payroll. Either these businesses are one-man bands or they use service companies to carry out the tasks that they can't. This is a huge number of people who are running their own business, and while they're probably great at what they do, they might not be so good at accounting. Knowing how to bookkeep isn't a unive...rsal skill, so for all those entrepreneurs who need a little help, here are our top bookkeeping tips. #scrubbed #bookkeeping #entrepreneurs

The future is bright! Be sure to wear one on. #NationalSunglassesDay

Do what you love and love what you do. Figuring out what you love to do is one of the keys to experiencing fulfillment in life.

We're happy to announce these directors who have been able to successfully propel the company forward with their experiences. This marked an important milestone in our journey which will help to pursue our goal of continued growth and success. Take a moment to read more about each person’s promotion if you're looking for some inspiration in your career. Congratulations to our newly announced directors. Truly, #thefutureisbright. #leadership #growth

Brighter Children sponsors the primary education of children in impoverished communities through qualified schools in order to eliminate poverty. With 'empathy' as one of Scrubbed's core values, it is with great pleasure to have the chance to work with you, Suzy. Know more about them and choose your impact here: https://bit.ly/3fhOuy3... #ClientTestimonial See more

It's time to celebrate all the superheroes in our lives who we call "Dad." Thanks for bee-ing the best dad we could ever ask! #HappyFathersDay

Minimalism does not imply that there is a lack of anything. It's just the right quantity of everything. A product with more functions does not necessarily indicate that it is a better product.

That's amazing, Jad! We know how 'change' may be a nightmare but we strive to give you the best and smooth experience with our services. We're glad to know that we've achieved it. #ClientTestimonial

Not sure about hiring a bookkeeper or an accountant? Here's what you need to know about these two roles before you decide which one best fits your business's needs. #bookkeeping #accounting

As a small business owner, you can plan to set aside about 15% of your income for self-employment taxes. But, what if we could provide you with some tax-saving tips that won't make that 15% hurt so much?

Sometimes, the only person who can ever tell you what’s best for you is yourself. The hard part is knowing whether you’re acting out of conviction for your ideals or if you’re just being deluded by ego.

The twin dynamics of expiring COVID-19 relief and a transition to a new presidential administration are making the end of this year a turbo-charged version of the usual rush by businesses and households alike to lock in tax reductions.

Most businesses and individuals need to seek professional help when it comes to filing tax returns. Usually, the decision comes down to using a certified public accountant* or an enrolled agent to prepare and file tax returns.

Wishing you a spook-tacular Halloween!

Becoming an entrepreneur is one of the most lucrative endeavors that you can pursue. It also comes with a large number of essential responsibilities. As you scale, the responsibilities also bear a great deal of compliance with rules and regulations.

As some of the toughest lockdown restrictions start to lift, we are hopeful that we’ll soon see a return to some version of our normal lives. https://bit.ly/3oxVhGm

Having an idea is cheap. The implementation of the idea, with all its challenges, is the real struggle.

The business world gets tougher every day, with new entrants, new technology, and competitors more easily entering the fray from around the globe. https://bit.ly/2HxtvZt

The times when it's most important to persevere are the times that you will be most tested. #winnersneverquit

The Internal Revenue Service is offering less generous settlement terms to participants in micro-captive insurance schemes as part of its clampdown on the transactions. https://bit.ly/3ko1hPx

It's not always easy to make financial choices when it comes to your business. Luckily, using a software-based accounting program in conjunction with a high-touch accounting service isn't one of them. Read more https://scrubbed.net//high-touch-accounting-service-and-ad... Disclaimer: Services being offered do not require a state license.

Starting a business has lots of rewards but also comes with its own challenges. In fact, 22.5% of small businesses fail within the first year. To help you avoid this, here are seven things no one tells you about running a small business: https://bit.ly/31gKNkr

A financial planning checklist isn't vital, but we've created a checklist that helps make it easier for you to create, or at least understand your financial plan. https://bit.ly/3nWSFBl

While every business aims for additional profit, the secret to long-term success is working with what you have. And that is why business budgeting is so important for businesses of all sizes. https://bit.ly/2SYgURv

AccountantsWorld has released the Payroll Relief mobile app, available now for Apple and Android phones. The app is companion to the company’s cloud-based payroll processing software, Payroll Relief. https://bit.ly/33TiFpk

The King of Rock and Roll knows the value of skilled CPAs.

Thanksgiving, a time to think of those we love and count our many blessings. Happy Canadian Thanksgiving!

Startups provide leadership in the market. Entrepreneurs provide leadership to their startup.

Budgeting season is right around the corner so we thought to share to you a few tips you may find helpful as you go through this crucial planning phase. Glad to inform you as well that we have a Financial Planning and Analysis team in Scrubbed who can help ease this rigorous process for you. What we can do for you: Annual Budget & Forward Plan Provide a clear framework on achieving business objectives and optimizing resource allocation.... Rolling Forecast/Business Outlook Encourage flexibility to redirect resources and priorities to better align with strategy. Variance Analysis Investigate drivers behind P&L variances to achieve business target and proper resource utilization. Cash Budget Tool Determine cash position and install runway tracker to ensure efficient use of funds. KPI Dashboard Provide graphical snapshot of business performance to track progress towards goals. Data Visualization Empower financial data storytelling using Microsoft Power BI, Tableau, and other custom dashboard tools. Contact us: [email protected] https://scrubbed.net/corporate-finance/budget