Bad news: you can't ignore your bookkeeping forever.
If you're ready to tackle those overdue finances, here's the process that'll help you plow through your bookkeeping backlog.
“It took a lot of soul searching to realize that perhaps I shouldn’t be running
@Techstars
, at least not on my own.” -
@davidcohen
shares what it really takes to scale.
🎉 Introducing BenchTax! 🎉
Let us handle every annoying tax time detail for you, and forget about the tax time stress. From day one to the finish line, BenchTax has you and your tax season covered.
Learn more:
#taxtime
#smallbusiness
#startups
#SMEs
What a way to kick-off 2018! We couldn’t be more excited to announce our latest round of funding as we continue pushing toward our goal of getting the world’s
#entrepreneurs
back to doing what they love: growing their business, not bookkeeping.
Yep, it’s real! Bench is now in Canada. Let us take bookkeeping off your hands, and get more time to focus on your business. Start with a free trial to see if we're a fit:
#Canada
#Entrepreneurs
#Bookkeeping
At Bench, we've helped over 10,000 business owners with financial relief and we're not done yet. With this in mind, we created the PPP & Financial Relief Hub to help you navigate stimulus funding, connect you to lenders, and assist with PPP forgiveness
When most people think about
#bookkeeping
and
#accounting
, they might think they're two words for the same thing. In this guide, we'll explain the functional differences between the two. 💡
The Bench app for Stripe is now available! 🎉 With the Bench app for
@stripe
it’s easy to check on the health of your business, compare your finances over time, and get status updates on your books—all from the Stripe dashboard. Get the app now:
When
@ChipYVR
had the idea for
@lululemon
, people told him it was a lousy one. Here’s how he turned that “lousy idea” for the future into a multi-billion dollar business.
@SBAgov
A4. Don’t hire someone who is just like you! There is power in a diverse skill-set, especially early on, so build out a team with a broad array of strengths.
#SBAchat
The
#accounting
jargon that trips people up the most? "Debits and credits." Understanding this might not seem important, but it's key in understanding your
#financials
. Here's everything you need to know. ➡️
Today, we released the Age of the Entrepreneur report offering a look at what it’s really like to run a business: from money, to motivations, and more, see how your business stacks up.
A
#CPA
does more than just help with taxes. Right now they're advocating for deductibility of
#PPP
expenses which will make record keeping simpler, tax season easier, and reduce your tax bill.
Right now, what you use your PPP loan on will not be tax deductible.
There is strong support for deductibility of
#PPP
expenses, and
@AICPA
supports a "technical" corrections bill to implement this.
A LOT of taxpayers will be disappointed if this isn't fixed.
#TaxTwitter
#AICPATax
Introducing Pulse: the real-time financial dashboard for your business.
Pulse is Bench’s new, one-stop cash flow dashboard. No more app-hopping to see how your business is performing—just everything you need, in one place.
Learn more about Pulse here:
@SBAgov
A2: People tend to think office space and other overhead are the most expensive startup costs but in fact, it is hiring great talent and admin team as well as the initial fees associated with becoming an entity.
#SmallBusinessWeek
New entrepreneurs can find sales tax intimidating. State to state, the rules differ and are fraught with exceptions. Here's everything you need to know about managing, collecting, and filing sales tax. 📥
@SBAgov
Start by getting crystal clear clarity on what your product or service is truly solving for your customer. Once you understand the need you address, you can identify the groups of people who might value your solution.
#SBAchat
@SBAgov
A6. Show up. If you’re an introvert like me, this might also be a big hurdle for you. Take a deep breath, relax, and show up. It gets easier!
#SBAchat
@SBAgov
A2. Foundations are important: (1) A team with a diverse range of skills, backgrounds, areas of expertise, and perspectives. (2) Core principles to abide by. (3) A grand vision. (4) Real, hard numbers that keep you accountable every month.
#SBAchat
@SBAgov
A2. If phishing emails or instant messages are distributed, when you're no longer able to update software, when popups become constant, and if the internet connection becomes slow and inconsistent are all warning signs.
#SBAchat