On-Demand Webinar: Taking Charge of Your Finances

Taxes, Accounting, Business Advice, Webinars

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INTRODUCTION:

Every business is unique, and with so many different options for managing your back office, it’s not always clear which solution is right for yours.

Join inDinero's senior finance consultant, Darren Carter for a deep dive into the different accounting and tax solutions and levels of support businesses can choose from based on their size, industry, and growth goals.

In this session, he goes over:

  • The 4 primary ways small businesses handle their accounting and taxes
  • Company goals/needs and how they will affect your choice
  • Things to look for when shopping around for different vendors
  • Setting your accounting platform to scale

 Without further ado, watch and enjoy:

KEY POINTS (Timestamps):

  • 00:35 — Intro
  • 00:50 — What you're going to learn
  • 03:40 — About Darren Carter, entrepreneur, business owner, and senior finance consultant
  • 06:40  — Getting your time back
  • 07:00 — The 2 things every company needs
  • 08:54  — 4 ways to track your money
  • 09:19 — Option 1: On the cheap
  • 13:24 — Option 2: Do it yourself
  • 19:15 — Option 3: Traditional accountant
  • 26:08 — Option 4: Software+service
  • 33:30 — How do you know which accounting option is right for you
  • 34:32 — How your company size affects how you choose your accounting system
  • 36:00 — How your accounting solution can help you stay compliant and meet investor/lender requirements
  • 37:00 — Being aware of your balance sheet (different accounting methods can chance your company profile)
  • 39:33 — How your business goals affect how you choose an accounting solution
  • 42:00 — Business accounting must-haves
  • 42:30  — What reports investors will want to look at
  • 42:46 — 3 things you should consider before you choose an accounting solution
  • 44:52 — Tax filing: Are you up-to-date on your company's tax filings (including 2015)?
  • 48:05 — 3 things you should consider before you choose a tax solution
  • 48: 49 — inDinero's software
  • 49:03 — What is the biggest key action point?

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RESOURCES:


 Entrepreneur's Guide to Accounting & Tax Filing

Disclaimer: inDinero’s resources provide general information about tax, accounting, and business-related topics. They are not intended to provide professional advice. Read more in our Terms of Use.