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Plain-text accounting insights, tutorials, and updates from the Beancount.io team. Browse by tag.

How to Pay Yourself as a Business Owner: Salary vs. Owner's Draw Explained
·mike

How to Pay Yourself as a Business Owner: Salary vs. Owner's Draw Explained

Understanding how to pay yourself as a business owner is crucial for financial health. This article breaks down the differences between a fixed salary and an owner's draw, considering business structure and tax implications.

small-business
financial-management
entrepreneurship
Como um Consultor Estratégico Construiu um Negócio Baseado no Empoderamento Comunitário
·mike

Como um Consultor Estratégico Construiu um Negócio Baseado no Empoderamento Comunitário

Este artigo destaca a jornada de um consultor estratégico que transformou um diretório comunitário em uma empresa de consultoria de serviço completo, atendendo às necessidades de empreendedores sub-representados e promovendo o crescimento dos negócios locais.

entrepreneurship
small-business
financial-management
From Actuary to Artisan: How One Jewelry Maker Built a Thriving Creative Business
·mike

From Actuary to Artisan: How One Jewelry Maker Built a Thriving Creative Business

Jessica Irwin transitioned from a corporate actuary to a successful jewelry maker by combining her financial expertise with creative passion. Learn how her strategic approach to financial management helped her thrive in the booming handmade jewelry market.

entrepreneurship
financial-management
small-business
The Complete Guide to Closing Your Books at Year-End: A Step-by-Step Process for Small Businesses
·mike

The Complete Guide to Closing Your Books at Year-End: A Step-by-Step Process for Small Businesses

Master the essential steps for closing your books at year-end with this comprehensive guide tailored for small business owners. Ensure accurate tax filings and informed decision-making by following a structured approach to your financial close.

accounting
small-business
financial-management
The Ultimate Small Business Tax Checklist: Everything You Need to File in 2026
·mike

The Ultimate Small Business Tax Checklist: Everything You Need to File in 2026

Prepare for the 2026 tax season with a comprehensive checklist designed for small business owners. Streamline your filing process, avoid costly mistakes, and ensure you meet all deadlines and requirements.

tax
small-business
financial-management
How to Scale Your Small Business Without Losing Control (or Your Sanity)
·mike

How to Scale Your Small Business Without Losing Control (or Your Sanity)

Learn effective strategies to scale your small business while maintaining control and avoiding burnout. This guide covers readiness for growth, common pitfalls, and system-building techniques to ensure sustainable expansion.

small-business
entrepreneurship
financial-management
How to Scale Your Accounting Practice Through Strategic Outsourcing
·mike

How to Scale Your Accounting Practice Through Strategic Outsourcing

Learn how strategic outsourcing can help accounting firms overcome growth challenges, manage client relationships, and streamline operations without incurring unsustainable overhead.

accounting
small-business
outsourcing
The Bootstrapping Advantage: Why You Don't Need Venture Capital
·mike

The Bootstrapping Advantage: Why You Don't Need Venture Capital

Many founders believe that venture capital is essential for success, but data shows that bootstrapped startups can outperform their funded counterparts. This article explores the advantages of building a sustainable business without outside investment.

entrepreneurship
small-business
financial-management
How Accurate Bookkeeping Solves IRS Tax Problems Before They Spiral
·mike

How Accurate Bookkeeping Solves IRS Tax Problems Before They Spiral

Accurate bookkeeping is essential for small business owners to avoid IRS tax problems. Disorganized financial records can lead to significant penalties and stress. Learn how proper bookkeeping can prevent tax issues and save money.

accounting
bookkeeping
tax
How a Spiritual Counselor Grew Her Practice by Letting Go of the Books
·mike

How a Spiritual Counselor Grew Her Practice by Letting Go of the Books

Learn how Kat Niambi, founder of Hungry Medium, transformed her spiritual counseling practice by prioritizing her purpose over paperwork, highlighting the importance of effective financial management for service-based entrepreneurs.

entrepreneurship
financial-management
bookkeeping
10 Costly Tax Mistakes Small Businesses Make (and How to Avoid Every One)
·mike

10 Costly Tax Mistakes Small Businesses Make (and How to Avoid Every One)

Learn about the ten most common tax mistakes small businesses make and how to prevent costly penalties and lost deductions. This guide provides actionable steps to ensure compliance and financial health.

tax
small-business
financial-management
Bookkeeping for Small Businesses in Austin: A Complete Local Guide
·mike

Bookkeeping for Small Businesses in Austin: A Complete Local Guide

Learn how to navigate the unique bookkeeping landscape for small businesses in Austin, Texas, including local tax regulations and financial management strategies tailored for the city's booming economy.

small-business
bookkeeping
financial-management
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