TGG Accounting
TGG Accounting
Blog Post
  •   Only one in 20 small businesses has accurate financial statements. That makes up only five percent of businesses. Almost half of all small businesses experience some kind of accounting theft at their company, which costs them an average of about $114,000 ... Read More » The post How We’re Turning Small Business Accounting on Its Head appeared first on TGG Accounting.

TGG Accounting
TGG Accounting
Blog Post
  • Nonprofit executives must wear many hats. Not only are they responsible for fundraising to advance their organizational mission, but they may also be responsible for strategic planning, board communications, human resources, and recruiting, among other things. More so than ever ... Read More » The post Guide: Is Outsourcing Right for Your Nonprofit? appeared first on TGG Accounting.

TGG Accounting
TGG Accounting
Blog Post
  • The non-profit statement of activities reads much like an Income Statement in for-profit organizations. Instead of breaking down the activities into Revenue, Cost of Sales, General and Administrative Expenses, and Other Income and Expenses, the non-profit statement breaks down income ... Read More » The post How to Read a Nonprofit Statement of Activities appeared first on TGG Accounting.

TGG Accounting
TGG Accounting
Blog Post
  • Selling your business can be a cumbersome task. Where do you even start? Most business owners are experienced at running a business, often very successfully. However, selling a business is usually not something most business owners have a great deal of ... Read More » The post Selling Your Business? What You Need to Know Before You Start appeared first on TGG Accounting.

TGG Accounting
TGG Accounting
Blog Post
  • Nonprofit executives must wear many hats. Not only are they responsible for fundraising to advance their organizational mission, but they may also be responsible for strategic planning, board communications, human resources, and recruiting, among other things. More so than ever ... Read More » The post Guide: Is Outsourcing Right for Your Nonprofit? appeared first on TGG Accounting.

TGG Accounting
TGG Accounting
Blog Post
  • We’re going to go back to accounting 101 basics and why it matters for your business. Accounting is critical to any company for these reasons: Control Increased profitability Stability and safety for your business Accountability across all levels of your ... Read More » The post Why Accounting Matters for Your Business appeared first on TGG Accounting.

TGG Accounting
TGG Accounting
Blog Post
  • There’s a small business tax trap that many owners fall prey to. The IRS requires you to make quarterly estimated payments of your tax liability. Most of us small business owners either underpay the tax rate or not even pay ... Read More » The post Small Business Taxes and the Trap you Need to Avoid appeared first on TGG Accounting.

TGG Accounting
TGG Accounting
Blog Post
  • Cash flow is regularly cited as one of the biggest stressors for entrepreneurs and small business owners. Cash management is critical to the health of any business. Even if a business is profitable—without cash, it can go under in a ... Read More » The post Guide: 21 Cash Flow Management Strategies for Small Business appeared first on TGG Accounting.

TGG Accounting
TGG Accounting
Blog Post
  • TGG recently hosted a roundtable on nonprofit fundraising. We invited our clients and other nonprofits in the community to discuss strategies for increasing donations, expanding their donor base, and appealing to millennial donors. The forum was moderated by Steve Goldstein, ... Read More » The post Data-driven Fundraising Ideas for Nonprofit Organizations appeared first on TGG Accounting.

TGG Accounting
TGG Accounting
Blog Post
  • Cash accounting and accrual accounting are two concepts that are foreign to most people, but it’s important to understand the difference. As a business owner, if you manage your books on a cash basis, you will ultimately fool yourself. Why ... Read More » The post Cash vs Accrual Accounting appeared first on TGG Accounting.

TGG Accounting
TGG Accounting
Blog Post
  • Key performance indicators provide insight into the financial health of your business. Before you can track key performance indicators, however, you need to have accurate financial reporting. There are three key areas where key performance indicators (KPIs) come into play: ... Read More » The post Understanding Business Metrics and KPIs appeared first on TGG Accounting.

TGG Accounting
TGG Accounting
Blog Post
  • Small and medium sized businesses are usually at a crossroads when it comes to their bookkeeping and accounting, especially if they’re growing. “Should we hire a Controller or should we try to do it ourselves?” There’s a third option that ... Read More » The post Outsourced Accounting vs Hiring In-house: What Business Owners Should Know appeared first on TGG Accounting.

TGG Accounting
TGG Accounting
Blog Post
  • What’s the easiest sale that you can make as a business? The easiest sale you can make is to a happy customer, and you can sell them something else. Here are a couple upselling tips: First, you can sell your customers a new product ... Read More » The post The Easiest Sale: Upselling Tips appeared first on TGG Accounting.

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