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Bookkeeping

Do you trust your accountant to help you grow financially?

By Accounting, Bookkeeping, Cash Management, Profit First, Tax Strategy No Comments

At Incite we firmly believe small businesses are the heart of the economy. Almost half of all employed people in the U.S. would be out of a job if all small businesses closed down, according to the SBA. That also means significantly less money being circulated, which would be devastating to the economy. That’s why you deserve to grow financially and the financial freedom that…

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Small Business Bookkeeping [Why a Professional Matters]

By Accounting, Bookkeeping, Value No Comments

Small businesses like yours are the heart of the economy. Bookkeeping is the foundation of all your financial activities. So it stands to reason that small business bookkeeping is critical to the health of the economy.   So, if it’s not already apparent… I cannot stress enough the importance of bookkeeping. ACCURATE and CONSISTENT bookkeeping.   Your books contain the data you need to make…

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Forecasting Financials for Fitness Studios

By Bookkeeping, Cash Management, Profit First No Comments

Your Microgyms’s Future Putting Profit First means keeping one eye on the horizon. Failure to plan is, after all, planning to fail. Your business is going to grow. Tracking your current financials and using them to make meaningful predictions about that growth gives you an edge in staying profitable. Growth is Success Your goal as a microgym owner is GROWTH. That’s true for any business,…

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Frustrated With Taxes?

By Bookkeeping, Profit First, Tax Strategy No Comments

We are almost in the middle of 2021 and here in the US, Biden has just announced his tax package.   That got me thinking…   Especially now, with the deadline extension this year and all these ideas with tax are going on right now. I wanted to share with you some of the frustrations we have experienced and heard.    Frustrated with filing your…

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Bookkeeping 101

By Accounting, Bookkeeping, Business No Comments

Whether you decide to stay inhouse or outsource, you need to know some bookkeeping basics. My goal is to give you a big picture overview of bookkeeping, so you’ll have a foundation to build your business knowledge on. The more you know. (Did anyone catch that reference?)   Bookkeeping is recording every transaction you make for your business in your books. Every cent you spend…

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