In today’s ever-evolving business landscape, we see businesses pop up and close down within a short period of time. This can make a new business owner skeptical about opening a new business. However, there are three keys to success: innovation, adaptability, and customer satisfaction. These factors are intricately linked and play a critical role in determining the long-term viability of a business. Orcutt & Co. can help you stay on top of your small business finances. We are a small…

One of the hardest things to do as a business owner is to keep up with the latest legal requirements and accounting standards. The penalties for non-compliance can be crippling for your business. Therefore, it is critical to ensure that you’re staying compliant and honest in your financial reporting practices. Unfortunately, these legal requirements can sometimes be difficult for the average person to keep track of, especially when it comes to expense management. Therefore, it’s a good idea to have…

If you’ve recently started a new business or you’re considering it, you should note that running a business involves a lot of activities that require the assistance of capital. If you don’t have capital funds, you don’t have a successful business. Therefore, if you don’t have the funds yourself, you may need to look for outside capital, such as deciding to offer stock options. You can obtain outside funding from investors in exchange for stock options in the company- but…