Skip to main content
All Posts By

Orcutt Financial

Small business growth invest earnings profit

5 Ways to Invest Your Small Business Earnings

By Business Advice

One of the first things you must understand about starting a small business is that it will take 6 months to 1 year to start making a profit. When you do start making more than you’re spending, you should do more than celebrate. Explore the options to invest profits back into your business. For small businesses in or near Cincinnati, Orcutt & Co. is here to help you with the financials of your small business. We specialize in day-to-day accounting and…

Read More
Business owner and employees strategizing accounting goals concept

How to Set Strategic Accounting Goals

By Business Advice

Your finances are one of the most important elements of your small business. If finances are not handled well as a top priority then you will see negative results either immediately, or as time passes. On the other hand, quality management of your finances can help you make the best decisions for your business, and even help you see ways that you can increase profits. One way you can manage your business’s finances well is to set strategic accounting goals….

Read More
Business person financial paperwork managing small business cash flow

How to Manage Your Small Business Cash Flow

By Business Advice

How to Manage Your Small Business Cash Flow Did you know that 82% of small businesses fail due to poor management of cash flow or a poor understanding of how cash flow affects the survival of the business? As a business owner, it’s important that you understand small business cash flow management is critical. When you understand how money is coming in and going out of your business, you can make better decisions and understand your financial health. While it can be…

Read More
Small business debt loan application funding

Good vs. Bad Small Business Debt

By Business Advice

While it’s true that financing is great for accelerating the growth of your business, it’s critical that you approach it properly. When you understand how to properly treat business debt, it’s a great way to grow your company. On the other hand, if used poorly, debt can harm your business. It’s important that you understand the difference between good and bad small business debt and understand how you can use debt to your advantage. If you have a small business…

Read More
city of Cincinnati's economy thriving with inclusive growth skyline

Cincinnati’s Economy: Praised for Inclusive Growth

By Cincinnati

In a recent study by the Brookings Institution, Cincinnati was listed as one of the top five cities in America that have proven how communities can “rewire” their current economic system, effectively generating inclusive growth. Cincinnati’s economy has become a model for other cities due to this. In their study, the Brookings Institution focused on efforts across the United States, in the following cities: Cincinnati, OH Akron, OH Birmingham, AL Paul, MN Syracuse, NY All of these cities have taken steps…

Read More
Business culture workers eating pizza while on lunch break

Nurture Your Small Business Culture

By Business Advice

In the wake of the COVID-19 pandemic, there has been a significant shift in business culture. It has caused more companies to shift to more hybrid and even fully remote work environments. It has allowed companies to re-evaluate their priorities and create environments that allow their employees to feel engaged and productive, whether at home or in the office. If your small business is located in Cincinnati, consider hiring Orcutt & Co to handle your accounting, bookkeeping, payroll, and tax prep tasks. This will allow…

Read More
Cost of hiring new employees training employees growth

The Costs of Hiring New Employees

By Business Advice

Even when new workers are needed, small businesses with cash flow issues often hesitate to hire because there are so many costs of hiring. Some business owners mistakenly think that the cost of hiring a new employee is their salary. However, there are other costs of hiring, including recruiting, training, and more. In this article, we’ll go over the various costs of hiring new employees. Let Orcutt & Co handle your accounting, bookkeeping, payroll, and tax prep for your Cincinnati-based business. We…

Read More
Save the receipt business recordkeeping pile of receipts

Do I Need to Save the Receipt?

By Tax Advice

While it’s true that receipts are a pain and can get out of control quickly, it’s important to understand that as a business owner, you must save the receipt from a transaction. This ensures good recordkeeping. However, you’re probably wondering what receipts you need to keep and for how long. We will answer these questions below. If you have a business in Cincinnati, let Orcutt & Co help with your accounting, payroll, bookkeeping, and tax prep duties. We can help…

Read More
Attract employees retain employees boss congratulating employee for good work employee rewards

How to Attract Employees to Your Business

By Business Advice

For today’s businesses, one of the biggest challenges is to attract employees and retain a skilled workforce. In this article, we’ll explain 5 tips for attracting and keeping employees for your business. Since these tips increase employee satisfaction, it will lower your recruiting costs and improve the productivity of your company. Today’s younger workers have a very different attitude about work than the older workers who are nearing retirement. Therefore, employers are facing more and more challenges with finding skilled…

Read More
succession planning concept

Is It Time to Start Succession Planning?

By Business Advice

All across the world, as business leaders consider the future of work, evolving skills, and the talent shortage, succession planning is being added to business agendas. No matter what size a business is, unless there are good people in place, it will not achieve the performance expected to meet business objectives. If your business is located in Cincinnati, Orcutt & Co. can help you with accounting, bookkeeping, and payroll services. We can also help you with your succession planning- it’s never too early…

Read More