Are you wondering why your company logo image doesn't look right when you enlarge it for use on a big banner? When speaking to a graphic design professional, do you get confused by her use of the words "vector" and "raster"? If these circumstances sound familiar to you, then the explanation below should clear things up.
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Anyone who is of the belief that they can get away with lazy bookkeeping and still manage to keep a small business above water is fooling themselves. Time and time again small businesses fall victim to owners who are unwilling or unable to keep good accounting figures.
A Major Failure In Business
The New York Times made no bones about it, bad accounting is a top 10 reason small businesses fail. They said this about it specifically,
With bad numbers, or no numbers, a company is flying blind, and it happens all of the time. Why? For one thing, it is a common — and disastrous — misconception that an outside accounting firm hired primarily to do the taxes will keep watch over the business
There you have it plain and simple. You cannot rely on outside accountants to keep track of things for you. You have to maintain your own books, they are mostly just there for the tax side of things.
How Accountants Do Help
Now, you may be wondering what good accountants are if they are not able to even keep track of something as simple as this. Well, if you hire outside accountants, just make sure that you hire ones who are there to do more for you than just taxes. If you get accountants who are willing to help you with all of the bookkeeping aspects, then you are in good shape.
Get The Books In Order Now
It is time to bring the books to order as soon as possible. There is no reason to let this slide any longer. Companies that wait around until the problem has gotten too bad are the ones who fall by the wayside. You need to make this happen right away.
Contact us if you would like more details about how to get your books in order and why you should do it.