The financial health of any business is a crucial aspect that determines its success. Creative professionals are no exception to this rule, and it is essential to keep tabs on your business’s financial health. Whether you are a photographer, graphic designer, or writer, understanding the financial landscape of your business can help you overcome the challenges that come with running a creative enterprise. Let’s take a look at some key steps to evaluating the financial health of your business. Steps to Evaluate the Financial Health of Your Business: Defining Your Business Objectives: One of the ..read more

  At Appletree Business Services, everything we do is for our clients—from bookkeeping to payroll and more. And while hearing their feedback is more than enough for us, it’s always nice when our services are recognized by the wider industry. That’s why we’re proud to announce that Appletree is the recipient of the Clutch Global and Clutch Champion awards for 2023 in recognition of our commitment to excellence in the small business accounting services field.   Clutch stands as the authoritative global marketplace for B2B service providers. Every month, over 1 million discerning busine ..read more

For home service contractors, completing your workload, attracting new clients, and keeping up to date with all the applicable codes and licensing your business needs can already be a monumental task. Adding bookkeeping on top can be more than most contractors are willing or able to handle. However, keeping track of your finances is essential to running a successful business. As an owner, you must be able to accurately track your financial transactions and make decisions based on financial data. Bookkeeping helps you do just that. Let’s look at some of the best tips and advice for bookkeeping ..read more

Running any business is a challenging endeavor, but running a small web design business can be especially tough. In addition to creating visually stunning websites for clients, business owners must also manage the financial side of operations. From invoicing to income tracking, bookkeeping, and tax preparation, the financial aspects of running a web design business can be time-consuming and complicated, even for the most organized business owners. Fortunately, Quickbooks the most commonly used bookkeeping software, provides a solution to help streamline financial processes and simplify financi ..read more

Independent contractors are expected to know a lot in today’s market. On top of all of the technical requirements of the job and best practices when it comes to customer service, tradespeople that operate independently or own their businesses have the extra burden of managing daily requirements like bookkeeping, estimating job costs, and filling out reports. And while the QuickBooks tax preparedness system is perhaps the most well-known software for small business owners, contractors can also take advantage of the powerful suite of digital management tools offered by ServiceTitan. And what’s m ..read more

Being a freelancer or owning your own web design business comes with plenty of perks: working in a field you find personally interesting, setting your own hours, and running your business your own way are some of the big ones. However, one of the biggest drawbacks to owning a business happens when your tax bill comes due. Understanding taxes is one of the most important aspects of running a business, but it can also be one of the most complicated and intimidating if you’re unfamiliar with the process. Quarterly estimated tax, deductions, expenses, and penalties are just a few of the many busin ..read more

HVAC businesses are part of a class of small businesses that are difficult to manage for one reason: you can be the best at what you do and still have a struggling business. HVAC technicians have to be knowledgeable about the service and products they provide, something that takes years of practice and skill to do effectively. Even after attaining a high degree of competency, building a client base and reliable reputation, and investing in your own company, many HVAC technicians and business owners can be surprised to find they’re still operating at a loss. All of the industry experience neces ..read more

Landscaping professionals to provide a valuable service to the public and private property alike, with skills that take years to learn and even longer to master. With all of this work, it’s understandable that strict bookkeeping and daily accounting aren’t at the top of your priority list, but without them, even the best landscapers can find themselves in a bind when it comes to their cash flow. Fortunately, there are a few simple bookkeeping habits for landscaping companies that can help regulate cash flow and keep your business in the black while allowing you to stay focused on the work that ..read more

Cost overruns in construction projects are exactly what they sound like: You meticulously considered the project, offered a detailed bid, spent time, resources, and capital to complete the work to code and client satisfaction—only to have spent 30% more than you initially planned to when the job is finished. If this sounds familiar to your company, you’re not alone. A study from KPMG found only about a third of all construction projects have been completed within even 10% of the budget in the past three years. Some in the construction industry believe that cost overruns are just the reality of ..read more

Cost overruns in construction projects are exactly what they sound like: You meticulously considered the project, offered a detailed bid, spent time, resources, and capital to complete the work to code and client satisfaction—only to have spent 30% more than you initially planned to when the job is finished. If this sounds familiar to your company, you’re not alone. A study from KPMG found only about a third of all construction projects have been completed within even 10% of the budget in the past three years. Some in the construction industry believe that cost overruns are just the reality of ..read more