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Paper vs. Digital: Best Practices for Organizing Business Financial Documents
Learn how to organize your business financial documents with the best practices for paper and digital filing systems.
Stephen T.
3 days ago3 min read
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How to Prepare Financial Reports for Loan Applications and Investors
Securing funding for your business, whether through a loan or investor backing, requires well-prepared financial reports. Lenders and...
Stephen T.
Mar 283 min read
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0 comments

Why Accurate Payroll Records Are Critical for IRS Compliance
Learn why maintaining accurate payroll records is essential for IRS compliance.
Stephen T.
Mar 215 min read
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Bookkeeping Records Retention: What to Keep for 3, 5, or 7 Years
Keeping proper financial records is essential for tax compliance, audits, and protecting your business from legal risks. The IRS and...
Stephen T.
Mar 134 min read
5 views
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Bookkeeping and U.S. Laws: What Small Businesses Need to Know
Bookkeeping is more than just tracking income and expenses; it’s a legal requirement for businesses operating in the U.S. Failing to...
Stephen T.
Mar 63 min read
8 views
0 comments

How to Encourage Timely Payments and Boost Your Bottom Line
Timely payments are the lifeblood of any small to medium-sized business. Yet, many businesses struggle with late invoices, leading to...
Stephen T.
Feb 133 min read
1 view
0 comments

Mastering WIP Schedule Analysis: A Step-by-Step Guide for Small Construction Business Success
Keeping track of your work-in-progress (WIP) schedule can feel overwhelming, especially if you run a small business. From juggling...
Stephen T.
Feb 73 min read
5 views
0 comments

Finding the Perfect Bookkeeping Software for Your Small Business
As a small business owner, you wear many hats. Juggling daily operations, marketing, and customer service can leave little time for the...
Stephen T.
Jan 313 min read
4 views
0 comments

From Corporate to Founder: The Journey Behind Pistos Bookkeeping Services
Every successful business has a story. At Pistos Bookkeeping Services, our story begins with a passion for helping small businesses...
Stephen T.
Jan 232 min read
7 views
0 comments

Protect Your Business: 7 Ways to Avoid the Latest Financial Scams
As small business owners ourselves, we understand the challenges of staying ahead of financial scams. Scammers are constantly evolving...
Stephen T.
Jan 172 min read
17 views
0 comments

7 Essential Bookkeeping Tips for Small Businesses
Running a small business is an exciting adventure, but amidst the thrill of growth, it's easy to get overwhelmed by the day-to-day. One...
Stephen T.
Jan 103 min read
17 views
0 comments

How to Conduct a Financial Audit for Your Small Business
Introduction: As a small business owner, keeping your finances in check is crucial for ensuring your business's health and compliance...
Stephen T.
Jan 18, 20242 min read
19 views
0 comments

Navigating the Nuances of Nonemployee Compensation Reporting (1099-NEC)
This blog is co-authored with ChatGPT. As a small business owner, understanding the intricacies of tax reporting, especially when it...
Stephen T.
Jan 12, 20243 min read
28 views
0 comments

Uncovering Hidden Signals: 10 Yellow Flags in Financial Statements
This blog is co-authored with ChatGPT. Introduction: When we look at a company's financial statements, we're trying to understand how...
Stephen T.
Jan 11, 20243 min read
42 views
0 comments


Strategies for Small and Medium-Sized Businesses to Manage Cash Flow Effectively
This blog is co-authored with ChatGPT. Introduction: Cash flow management is a critical aspect of any business's success. A study by...
Stephen T.
Jan 4, 20242 min read
17 views
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5 Common Bookkeeping Mistakes and How to Avoid Them
This blog is co-authored with ChatGPT. Introduction: Bookkeeping is the backbone of financial management for any business, big or small....
Stephen T.
Dec 27, 20232 min read
18 views
0 comments


Navigating Economic Uncertainty: Financial Coaching Tips for Business Owners During a Recession
This blog is co-authored with ChatGPT. Hello resilient business owners! As we navigate the winding paths of entrepreneurship, it's...
Stephen T.
Nov 30, 20232 min read
20 views
0 comments


Financial Ratios: Analyzing Your Business's Health
When it comes to managing your business's finances, it's not enough to just look at the bottom line. Financial ratios play a crucial role...
Stephen T.
Oct 27, 20233 min read
30 views
0 comments


The Importance of Financial Forecasting in Decision-Making
In the ever-evolving world of business, decisions are made daily that can significantly impact the future of a company. From expanding...
Stephen T.
Oct 21, 20233 min read
17 views
0 comments


The Importance of Job Costing in Construction: Why Some Companies Miss Out
Introduction: In the world of construction, where every project is unique and has its own set of challenges, job costing stands out as a...
Stephen T.
Oct 1, 20233 min read
12 views
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