The sudden announcement of Bench Accounting’s closure in late 2024 sent shockwaves through the business community, particularly for small businesses and contractors who relied on
In the fast-paced and often unpredictable world of contracting, managing debt effectively is crucial for sustaining and growing your business. Whether you’re financing new equipment,
When it comes to managing your finances as a contractor, choosing the right accounting method is crucial. The two primary methods—accrual and cash accounting—differ in
As a contractor, your focus is on completing projects, meeting deadlines, and keeping your clients happy. But when it comes to managing your finances, things
As a contractor, your ability to invoice effectively is crucial for ensuring a steady cash flow and maintaining a healthy business. Unlike traditional employees, you
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