Small Business Archives - Stellar Ledgers

4 Business Tips to Weather a Recession

Jan 30, 2023 | Business, Small Business

If you’re a small business owner whose company hasn’t gone through hard times, that’s great but it’s likely to happen at some point. As much as we dream about being brilliant enough at business that we’ll never face slow times, there are...

Setting and Achieving Financial Goals

Dec 26, 2022 | Business, Finance, Small Business

Financial security, whether that’s for business or personal requires planning. You need to know where you want to be, where you are now, and how to close the gap between the two places. Having goals and a plan makes it more likely that you’ll achieve financial...

Managing Payroll Effectively for Small Businesses

Oct 24, 2022 | Accounting, Bookkeeping, Small Business

Payroll is one of those things that starts out simply enough. You start your business, hire a few employees, and things tick along well. It’s straightforward enough to keep everything in line at first, but what happens to most companies is… they grow! This is a great...

How a “Virtual CFO” can help you grow your business

Jun 13, 2022 | Bookkeeping, Business, Growth, Small Business

Every business can benefit from dedicated financial management expertise, but very few small businesses have the means to hire someone full time—particularly in the lean early years. Unfortunately, it’s those first few years when a company is just starting up that...

3 Ways to Motivate Staff

May 16, 2022 | Accounting, Bookkeeping, Business, Growth, Small Business

The question of motivating employees is often on a business owner’s mind. It can be difficult to find ways to genuinely motivate employees at work, and often the old standards—performance-based bonuses, increased rewards and commissions—only work in the...

6 Essential Accounting Terms for Small Businesses

Apr 21, 2022 | Accounting, Growth, Small Business

Hiring an accountant is widely considered best practice for small business owners. But delegating financial analysis and reporting doesn’t mean completely checking out of the process each month or quarter. On the contrary, it’s recommended that business...