Simply stated, we learn from each other. Open and honest discussion between business owners provides real life tales of running a small business. At Expex, we work within the small to medium sized business communities. Bookkeeping is such a critical…
Overseeing and building a small business requires the owner to wear many hats. Have you heard the saying, “jack of all trades master of none?” We hear that phrase from many SMB owners trying to juggle sales, service, human resources,…
According to the American Dental Association, there are 200,419 dentists in the United States (2019). Dentists have undergone years of education and practice to be successful. Dentists, like other professionals are not accountants, human resources managers or legal experts. The…
There has been so much written about businesses surviving in the times of Covid-19. Yes, these are unprecedented times and the environment calls for strategic decisions to be made, right now. Think about your business and employees. This may sound…
If you are like most small business owners, you may not know, or realize how much time you are spending on accounting and bookkeeping tasks. When we onboard a new client, we unpack their bookkeeping norms and tasks to determine…
The coronavirus has abruptly affected our businesses, some more than others. Small and medium sized businesses have experienced closures, reduced hours, layoffs, and furloughs. As a result, SMB’s will need to think differently to be successful in the post COVID-19…
If you are like most business owners, you are barraged with social media ads, email campaigns, and invitations to webinars telling you the next greatest thing you need for your business. You stop and think about some, and totally pass…
Many of our clients are small and medium sized businesses faced with numerous large challenges. They live and work to make their business successful yet without resources, many small businesses struggle to grow and make a profit. What are the…
Let’s start at the beginning. What is a balance sheet? Even the most confident and experienced business owners stumble when we talk about the balance sheet. Don’t over think it: A balance sheet is a statement of assets, liabilities, and…
There is only so much time in a day, week, or month. Performing financial tasks requires a good deal of skill and a whole lot of time. So many small businesses are started from a strong passion and a desire…