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Category Archives: Small Business

Bento Customer Spotlight: A Business (Model) that Delivers

By | Business Growth, Customer Spotlight, Growth, Small Business

Welcome to our new blog series: Bento Customer Spotlight! Each installment features a current customer who shares their story of how they built their business, and how Bento plays a part in their success.   Whether he realized it or not at the time, Daniel Hernandez spent most of his life preparing to launch his current business, Santa Cruz Deliveries, which he co-owns with his brother Gerardo and his friend Annie. We sat down to…

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17 Red Flags Your Client Is Hiding Something

By | Accounting, Education, Finance, Small Business

Part of the job of any bookkeeper or tax preparer is to keep an eye out for fraud. Ignoring warning signs in a client’s finances could leave you on the hook for charges related to tax fraud, which could lead to fines, loss of your license to practice, and even (in extreme cases) jail time. But what exactly counts as a “warning sign?” Some are pretty obvious and some are more subtle. Here are 17…

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Worst Productivity Advice for Solo Practitioners

By | Accounting, Business Growth, Growth, Small Business

by Shuyi Shang, Accounting Community Manager at Bento for Business   A lot of productivity advice out there is written for business owners with at least one employee or startup founders out to create the next life-changing app. Plus, there’s a lot of advice floating around out there. Not all of it applies to solo practitioners happily providing a valuable service like bookkeeping or tax prep. Here are some of the worst tips I’ve seen…

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23 Resources that Fuel the Most Effective ProAdvisors

By | Accounting, Growth, Small Business

by Shuyi Shang, Accounting Community Manager at Bento for Business   If you’ve been in business longer than five minutes, you’ve realized that succeeding as a ProAdvisor isn’t just about being a stellar bookkeeper or accountant. You’ve also got to be able to sell, set prices, schedule appointments, keep your client pipeline full – and more. Wearing so many hats can eat away at your actual accounting work until you feel like you’re barely doing any…

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5 Things Sole Proprietors Should Automate or Outsource ASAP

By | Accounting, Business Growth, Small Business, Software, Strategy

by Shuyi Shang, Accounting Community Manager at Bento for Business   One of the topics that comes up most when I talk to our CPA and accounting clients is time: they want more of it. But the universe is stingy. So I decided to ask some people who always seem to get stuff done on time what they recommend. Turns out, it’s two things: automation and outsourcing. Here are five things you can automate or…

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The Post-Tax-Season To-Do List that Will Transform Your Practice

By | Accounting, Business Growth, Small Business

Tax season’s in the rearview mirror, which means a lot of us are breathing a sigh of relief and enjoying some well-deserved down time. That’s great. But before you jump back into business as usual, it’s important to take some time to reflect on your business – especially if this past tax season made you want to pull out your hair. Most solopreneurs don’t make time to do this because they’re so busy keeping up with…

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Fraud Alert: 10 Ways You’re Making it Easier for Employees to Steal from You

By | Accounting, Employee Theft, Finance, Small Business

Whether or not you’ve stopped to think about it, small businesses are more vulnerable to internal fraud than their larger counterparts. This is because small businesses… Typically don’t have a budget for fraud detection. Rarely have official policies in place for handling funds, checks, reimbursements, and bills. Often rely on trust rather than clearly defined documentation, rules, and consequences. These attributes have real-world consequences. The Association of Certified Fraud Examiners found that the median fraud-related…

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5 Fraud Prevention Strategies for Small Businesses on a Budget

By | Accounting, Employee Theft, Employees, Finance, Small Business

Preventing fraud may not be top-of-mind for most small-business owners, but accounting professionals understand that fraud is a real – and potentially costly – risk. In fact, the Association of Certified Fraud Examiners (ACFE) found in 2016 that the median fraud loss at businesses with fewer than 100 employees is $150,000 – the same as it is for businesses with more than 10,000 employees. The implications are staggering. While a loss of $150,000 is never helpful, larger businesses…

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What Can Small Businesses Learn From Apple?

By | Education, Marketing, Small Business, Strategy

When it comes to building a successful business, it’s important to stay hungry, foolish, and inspired. There are many successful brands in the world to draw your inspiration from; however, none of them are quite as influential as Apple. While Apple has launched many successful products since its inception, the historic success of the iPhone has given the company a cult status in the global technology industry. Recently, Apple’s new release of the iPhone 8…

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A Labor Day To-Do List for Small Businesses

By | Event Planning, Marketing, Small Business, Strategy

Labor Day, which coincides with the end of summer, reminds us to enjoy one more long weekend vacation, picnic or parade before the weather cools. However, the cherished holiday continues to serve an important purpose—celebrating the social and economic achievements of American workers. According to the United States Census Bureau, there are 159.8 million wage and salary workers in the country as of May 2017. For most American SMBs, Labor Day can be a chance for both reflection and transition….

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