May 13, 2024
Charles Lutwidge
Cannabis Accounting: Navigating Medical Marijuana Finances
The U.S. cannabis market is experiencing tremendous growth. According to experts, revenue in 2024 will be $42.98 billion. This growth is expected to continue at a CAGR of 2.89% from 2024 to 2029, resulting in revenue of $42.98 billion by...
Delegate your financial records to a highly qualified bookkeeper and forget about bookkeeping stress forever.
May 09, 2024
Charles Lutwidge
Coffee Shop Accounting: 8 Essential Tips for Owners
Coffee is the favorite drink of most Americans. Two-thirds (66%) of the country’s residents drink coffee daily. The US coffee market is the largest in the world, reaching $8.1 billion. The average cafe profit margin is 4%, which is the...
May 07, 2024
Charles Lutwidge
Accounting for Churches: Everything You Need To Know
Church accounting involves the practice of financial records keeping and management specifically for religious organizations. Most churches belong to section 501(c)(3), which means they don’t have to pay federal income tax and can operate under nonprofit bookkeeping guidelines. Although these...
May 07, 2024
Charles Lutwidge
Grocery Store Accounting: Mastering Best Practices
If you own a grocery store, you have many moving parts to deal with. From controlling inventory to forecasting user needs, managing cash flow, and implementing a transparent financial system, it is not always possible to do grocery store accounting...
May 02, 2024
Charles Lutwidge
Bookkeeping for Painters: Tips for Painting Business Owners
As an owner of a painting business, you know that commitment and meticulousness go hand in hand. This applies not only to art projects — it’s also vital to ensure diligent bookkeeping. Nevertheless, even the most devoted entrepreneur may face...
April 29, 2024
Charles Lutwidge
The Essentials of Bookkeeping for Consultants
Every consulting firm owner recognizes that maintaining an accurate client billing process and promptly collecting payments are crucial aspects of driving business success. Entrepreneurs aim to deliver exceptional consulting services and foster efficient bookkeeping practices. After all, it’s hard to...
April 25, 2024
Charles Lutwidge
How to Keep Records for Small Business?
The majority of business owners face bookkeeping issues. Moreover, small businesses often have to work with limited resources, which challenges entrepreneurs to handle finances and keep accurate records. Today, we’ll cover how to keep records for small businesses and give...
April 22, 2024
Charles Lutwidge
Efficient Construction Cash Flow Management: Top Tips
The construction sector is associated with many risks and characteristics. The long operational cycle and the need for free capital are two traits of the construction industry. Usually, firms face financial problems that come from deficits, capital shortages, and negative...
