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Archives for November 2016

Introducing the WBS Blog!

We are so excited to announce the start of the WBS Blog! We will use this blog to share our tips and insights on Tax, Accounting and business management. Some blog posts may be our own insights or they may be in the form of interesting articles or even videos that we think may be useful to our clients. We hope that you will leave us a comment after each blog post and let us know your thoughts or if you have any further questions.

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Ten steps to follow when starting a business

The US Small Business Administration (SBA) provides various resources to help small business owners. The SBA recommends that the first step you should follow when starting a business is to write a business plan! This can often be seen as an overwhelming step but it is a critical first step. Let us know if we can assist you with creating a business plan or if you have already drafted a plan, let us review it for you.

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Bookkeeper vs Accountant – What’s the difference?

Many people use the terms bookkeeper and accountant interchangeably. But is there a difference and as a small business owner do you need to have BOTH a bookkeeper and an accountant? The simple answer is YES!

A bookkeeper records your day to day financial transactions such as your purchases and payments to suppliers as well as sales and receipt of payments from customers.

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