1. Thinking of starting a business?

    Thinking of Starting a Business?  You may have been thinking of being your own boss, but just do not know the steps it requires. Here are a few important steps you should follow. Market Research  Is there a need for the type of business you want to start? Who is the competition in your area? Is there a demand for your services or products? What do you expect a reasonable fee or price will be? Th…Read More

  2. How to Avoid Expensive Payroll Costs and Still Get the Job Done

    How to Avoid Expensive Payroll Costs and Still Get the Job Done The goal of every business owner is to be profitable. The more expenses your business has, the less profitable your business will be. Deciphering what expenses are necessary or wasteful is important when observing the condition of your bottom line. One of the biggest expenses for any business is payroll and the costs surrounding the n…Read More

  3. Managing Your Over the Road Trucking Company

    Managing Your Over the Road Trucking Company   Often, when you start your own trucking company you are working both as a business owner and a truck driver. There is a lot to manage- Let’s look at some of the major responsibilities and how FR8 Solutions can help make managing your over the road trucking company a breeze.   Expenses and Taxes: As a business owner, you must know how much money is…Read More

  4. Working Together for your Business Success

    Working Together for Your Business Success – Bookkeeper vs Certified Public Accountant (CPA)   Unarguably, both can be valuable to the growth and success of your business in many ways. While both bookkeepers and CPA’s duties vary from one another, an adequate and successful accounting system is set up and maintained with a coordinated effort between the bookkeeper, CPA and you. Most busin…Read More

  5. Increasing Cash Flow by Minimizing Aging Accounts Receivables

    Increasing Cash Flow by Minimizing Aging Accounts Receivables   Slow-to-pay clients and unpaid Accounts Receivables will limit the cash flow that is needed for your business to stay operational. Plan ahead by creating business strategies to eliminate or minimize your unpaid transactions while maximizing your business’ cash flow. Consider ways to avoid having aging Accounts Receivables: When…Read More

  6. Business vs. Personal: The Benefits of Separation

    Business vs. Personal: Benefits of Separation It is hard work starting up a company. The last thing you want to do is create problems that turn into issues down the road! Many small business owners start using their business account for personal expenses or vice versa. To fix this you first need to separate business and personal accounts and the next step review every transaction and correctly cla…Read More

  7. The Importance of Proper and Timely Bookkeeping

    Proper and timely bookkeeping is imperative to fully understand the state that your business is in at a moment in time. Additionally, reports are generated to make important business decisions. If the information on the report is skewed because of poor transaction documentation, those important decisions will be based on false information and can lead into bad business decisions. How do you ensure…Read More

  8. Benefits of Outsourcing your Bookkeeping

    Benefits of Outsourcing Your Bookkeeping  As a small business owner, it is not uncommon for your day to go in ten different directions. Between managing employees, paying bills, and long-term decisions like analyzing costs, there’s simply not enough time in the day to handle everything involved in running a business. If your goal is to grow your business, then it is time to explore the benefits…Read More