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Category: Small Business Tips

Five Customer Loyalty Tricks for Fitness Franchisees

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Author
xendoo Team

Editor’s Note: This post was originally published in October 2017 and has been updated for accuracy and comprehensiveness. As a fitness franchise owner, you know the challenges of getting new members through the door, even in the best of times. It’s never been easy, but the fitness industry has been one of the hardest hit […]

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How to Do Catch-Up Bookkeeping Services for Small Businesses

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Author
xendoo Team

Author’s Note: This was updated on Dec 13, 2021, with new information and resources for small business owners.  Nearly 25% of businesses are behind on their books and nearly 41% of business owners try to do their bookkeeping themselves. It happens easily— you fall a month or two behind, then by the time you look […]

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Starting an eCommerce Business? Bookkeeping Basics You Need to Know

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Author
xendoo Team

Just like a traditional brick-and-mortar business, your eCommerce business needs a good bookkeeping system for essential functions like tracking revenues and expenditures and filing tax returns. There are a lot of compelling reasons you need a bookkeeper, and for most small businesses, it’s generally more cost-effective to outsource the accounting and bookkeeping services to professionals […]

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The Best Bookkeeping Service For Your Small Business

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Author
xendoo Team

There are different types of bookkeeping services for small businesses. You can handle it all yourself, utilizing software like Quickbooks and Xero; hire a part-time small business bookkeeper; or opt for a full-service bookkeeping service like xendoo that can handle it all for you.  What are the different types of bookkeeping services for small businesses? […]

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How to Pay Federal Income Tax Online

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Author
xendoo Team

Yes, the IRS has entered the digital age! They offer several ways to pay your tax online. Direct Pay with Bank Account There’s no service charge to have the money taken directly from your bank. To make a payment or look up a payment you already made, go to the Direct Pay page on the […]

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How do hourly pricing models work?

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Author
xendoo Team

Do you run a business that charges clients by the hour? Whether you’re an accountant, lawyer, designer, or consultant and you’re ready to expand – or hope to one day – there are a few things to consider to make sure your growth strategy is profitable. Let’s start with the basics… How does the billable […]

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How to Collect Sales Tax on Shopify

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Author
xendoo Team

There’s no doubt about it, sales tax is getting more complicated for all e-commerce businesses. Ever since the 2018 Supreme Court ruling on South Dakota v. Wayfair, U.S. states have been free to make their own tax nexus rules. No longer is it just about having a physical presence in the state — a store, […]

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Bookkeeping and Accounting: What’s the Difference?

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Author
xendoo Team

Bookkeeping and accounting keep your small business ship sailing. But, do you know the difference between the two? Are you familiar with how each can benefit your business when done properly? Do you have a clear understanding of how both disciplines impact your small business taxes? Well if not, allow us to clear things up. […]

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Income Tax Basics: Common Tax Schedules Explained

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Author
xendoo Team

What do you do when Form 1040 (federal income tax return) doesn’t give you the opportunity to fill in your particular type of income or deductions? The answer is, you attach the appropriate schedule. What’s a Schedule? It’s a separate form that’s designed to meet your circumstances, allowing you to report or claim items that […]

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