Category Archives: Entrepreneurship

Choosing the Right CPA for Your Business

Whether you are starting a business or already operating one, an accountant can help play a critical role in your business planning and development. At first glance, many people assume that a CPA is good for bookkeeping and year-end taxes. While … Continue reading

Posted in Business Plan, Entrepreneurship, Finance, General Accounting, Small Business, Start-Ups, Team | Tagged | Leave a comment

We don’t have time to do it right, but we have time to do it twice…

Two former colleagues of mine explained their perspective of the hamster wheel of managing business. “We never have time to solve problems, but we always have time to react to problems by making the same mistakes over and over.”   … Continue reading

Posted in Business Plan, Entrepreneurship, Planning, Small Business | Leave a comment

Save Taxes by Avoiding the Sole Proprietorship

Sole proprietorships are the most popular business organization structure. Why? The most common answer appears to be “it’s easy” or “it’s cheap.” While these two statements are true, the reality is that ease and cost put your assets (and viability) … Continue reading

Posted in Business Plan, Entrepreneurship, Planning, Small Business, Start-Ups | Tagged , | Leave a comment

My company owes $30,000 in taxes, but my books showed a loss! What?

True story. Company X (as we will call them) had a small net loss their books and their QuickBooks accounting system is kept on the accrual basis. The balances are all correct. The company assumed that they owed no taxes … Continue reading

Posted in Entrepreneurship, Finance, General Accounting, Small Business, Uncategorized | Leave a comment

The tale of the chaotic accounting system

As you read this situation, try to be open-minded to see if some or all of the information applies to your company. Company Y installs QuickBooks accounting software for their small business with the best of hope. Their decision was … Continue reading

Posted in Entrepreneurship, Finance, General Accounting, Planning, Small Business, Start-Ups | Leave a comment

Pennsylvania Government Accounting Workshop Recap

This May, Moker CPA traveled back to Pennsylvania for the Second Annual Pennsylvania Government Accounting Workshop. This event was held with the coordination from the Ben Franklin Technology Partners and the Innovation Partnership. The audience comprised of high tech start-ups … Continue reading

Posted in Entrepreneurship, Events, General Accounting, How-to, SBIR, Small Business | Leave a comment

Crowdfunding for your StartUp

Crowdfunding has gained a lot of attention recently by entrepreneurs around the world. The old school way of getting money to start your business has changed and now entrepreneurs are turning to the web to find small investments from a … Continue reading

Posted in Entrepreneurship, Finance, Funding, Small Business, Start-Ups | Tagged | Leave a comment