SMALL BUSINESS FINANCE · BOOKKEEPING TIPS · PORTLAND, OR
The Blue Water Blog
Practical financial tips and bookkeeping advice to help small business owners stay organized, prepared, and in control of their money.
A Simple Guide to Tax Planning for Solopreneurs and Small Businesses
One thing I hear often from business owners is that taxes feel stressful and unpredictable, especially after tax season is over and there is little clarity on what to do next. Many of the clients I work with come to us unsure of what they will owe or how to prepare for it.
Common Budgeting Mistakes Business Owners Make
Business budgeting is just as important as personal budgeting because your business is what funds your personal life. If your business finances are not managed well, it becomes very difficult to pay yourself consistently, save, or plan ahead personally.
What Percentage of Revenue Should You Allocate to Expenses, Taxes, and Profit?
One of the biggest challenges I see with business owners is not knowing where their money should go each month. I have worked with many clients who were bringing in good revenue but still felt stressed because they were unsure how much to spend, how much to save for taxes, and whether they were actually making a profit. Once I helped them break their numbers down into simple percentages, everything started to feel clearer and more manageable.
8 Ways to Tell if Your Business Is Doing Well Financially
One thing we hear often from business owners is, “I feel busy, but I am not sure if my business is actually doing well financially.” We have worked with many clients who were bringing in sales but still felt unsure about their financial position. Once we walked through a few key numbers together and put simple systems in place, they finally had clarity on where they stood and what needed to improve.
How Messy Bookkeeping Can Affect Your Taxes
I often hear from business owners who only realize their books are messy when tax time comes around. By that point, things feel rushed, confusing, and stressful.
How Often Should You Look At Your Numbers As A Business Owner?
One of the most common things we hear from business owners is, “I only really look at my numbers during tax time.” And honestly, we get it. You are busy running your business, serving clients, and managing everything else that comes with it.
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