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Steingard Insights
Practical financial education for owners responsible for running the business.
Three years of articles on bookkeeping, payroll, taxes, cash flow, and financial reporting — browse the latest below or jump into a topic from the Insights menu.
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A Practical Guide to the Cash Flow Formula for Business Health
At its most basic, the cash flow formula is simply Total Cash Inflows minus Total Cash Outflows over a set period. This…
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Mastering Cash Flow Projection for Service Businesses
A cash flow projection is simply an estimate of the money moving in and out of your business over a specific period.…
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A Practical Guide on How to Reduce Employee Turnover
When an employee decides to leave, the impact goes far beyond their final paycheck. It creates a ripple effect, touching almost every…
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Employee Onboarding Best Practices: Steps to Boost Retention & Productivity
Onboarding is your first, and best, opportunity to transform a promising new hire into a productive, engaged, and long-term team member. For…
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Outsource Payroll for Small Business: Smart Steps to Switch
Deciding to hand over payroll is a huge step for any small business. It feels like you’re giving up control, but it’s…
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Unlocking the Benefits of Outsourcing Payroll
Handing off your payroll to an expert partner can bring some serious benefits, like dramatic cost savings, much lower compliance risk, and,…
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A Practical Guide to Payroll Solutions for Small Businesses
For a small business, the best payroll solutions are almost always cloud-based platforms. Tools like Gusto and QuickBooks Payroll are game-changers, automating…
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How to Set Up Payroll for Small Business
Before you can even think about running your first payroll, you need to get your house in order legally and financially. This…
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A Guide on How to Prepare for Tax Season
Tax season doesn’t have to be a mad dash of late nights and lost receipts. For B2B service businesses, getting ready for…
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Cost Centers and Profit Centers: Boost Your Margins
Let’s get one thing straight: not all parts of your business are created equal when it comes to money. Some departments are…
