Important Year-End Tasks

Important Year-End Tasks

Ready or not, December is just around the corner. For many business owners, the next few weeks are a race to complete everything on their to-do lists before ringing in the New Year. The holidays are hectic enough without the added pressure of thinking you have to wrap...
Understanding Cash Flow

Understanding Cash Flow

Cash flow statements are essential for understanding how cash moves in and out of a business, providing insight into its liquidity, operational efficiency and overall financial health. By mastering how to interpret these components, you can gain insights into your...
Budgeting for Financial Success

Budgeting for Financial Success

There are many aspects to running a successful business – and creating an annual budget is high on the list. A budget is a financial plan that will assist business owners to set realistic financial goals and help them achieve their business goals. When done accurately...
Why (and How) to Take Time Off

Why (and How) to Take Time Off

When I started Main Accounting Services in June of 2016, I remember spending pretty much every waking hour working on and in the business. This is not unusual for business owners when they are in startup mode. But after a couple of years, I realized the long hours...
Accounting Terms Every Law Firm Owner Should Know

Accounting Terms Every Law Firm Owner Should Know

Main Accounting Services’ mission is to empower law firm owners to understand their finances – and provide the peace of mind that comes with having professional partners to assist with accounting functions. One of the keys to managing your firm’s finances is to become...