FreeSource - Accounting & Business Blog

Small Business Accounting 101: Key Strategies for Success

Small business accounting is the backbone of financial management for entrepreneurs and startups. Proper accounting practices are crucial for understanding a business's financial health, making informed decisions, and ensuring compliance...

The Hidden Costs of DIY Bookkeeping & When to Seek Professional Help

Running a small business often involves wearing many hats — marketing, sales, customer service, and yes, bookkeeping. While it may seem like a good idea to handle your business's financials yourself to save money, DIY bookkeeping can come...

8 Ways Businesses Benefit from Budgeting and Financial Planning

Budgeting and financial planning are essential to running a successful business and play an important role in managing finances, assessing performance, managing growth, and making informed business decisions. Here are eight ways...