escalon services
Escalon is a one stop shop for essential business services such as accounting, taxes, insurance, benefits, HR & payroll. Back office services that are optimized, well-coordinated and under one roof.
An accounting firm is more than a glorified bookkeeping service. It is more like a business partner that helps your company flourish. Broadly speaking, accounting firms help maintain a business’s financial order, ensure it is tax-compliant and help it prepare for growth.
An outsourced accounting firm allows you to hire highly trained accountants while saving money and time versus hiring comparable staff in-house. So, should your firm outsource its accounting functions? Here's what you should know about outsourcing accounting and how doing so can help your business.
A study by a U.S. Bank reveals that 82% of small businesses shut down due to issues related to cash flow mismanagement. No business can exist without cash flow, but there are ways you can increase net income by either growing revenue or by lowering expenses.
Virtual CFOs, also known as fractional CFO or outsourced CFO, perform typical CFO duties for multiple companies on a part-time or as-needed basis. They may be contracted, or on a retainer, and they can set their own rates, based on their experience, background and demand.
Outsourcing will be vastly different in the aftermath of COVID-19. The pandemic has allowed every entrepreneur to streamline their operational processes to get the most return for the smallest investment of time and money. While your company focuses on core revenue-generating responsibilities like sales, marketing, or customer acquisition, an outsourcing firm can take care of the tasks that keep your business running smoothly.
A nonprofit business works for a particular faction or cause that is deemed valuable for society. By definition, they are intended to give to the community rather than be run with the goal of making a profit. A nonprofit organization’s type depends on its particular cause, such as charity, education, the arts, science or religion.
A startup is an exciting prospect for a budding entrepreneur, especially if it is your first one. Not only is it a thrill to be in business for yourself, but also your new decision-making prowess brings an elating sense of freedom.
You can’t run a healthy and successful business without having your books in order. But handling the financial accounts on your own may not always be a good idea.
The global minimum corporate tax mandates multinationals with more than $890 million in revenue and based in participating countries (130 and counting at the time of publication) will pay at least 15% tax for corporate income in each country where their products or services or sold.
As a solution, outsourcing accounting, bookkeeping and chief financial officer (CFO) services are becoming a popular choice among firms that are looking to reduce their overhead expenses and increase efficiency at the same time.
There are several factors that go into making a startup successful, including market need, a viable business model, financing and marketing, among other variables. But finding the right team — particularly the right co-founder(s) — is a crucial step.
Accounting Done™ refers to a unified platform for bookkeeping, invoicing, cash flow management and year-end reporting for businesses offered by Escalon. Our highly trained accounting professionals will expertly manage all of your business’s accounting requirements without the expense of hiring a similar in-house team.
Wages are growing at an unprecedented rate in the U.S. The November Conference Board Salary Increase Budget Survey predicts a 3.9% jump in wage costs for organizations in 2022, compared to 3% reported in April. This would mark the highest rate since 2008.
Having a solid understanding of business performance metrics is beneficial because of the benefits business intelligence tracking metrics provide.
While the prospect of starting a new business during a global pandemic might seem daunting, that doesn’t mean it isn’t doable. With a well-constructed business plan, the right resources and plenty of entrepreneurial passion, you can set up a small business that will thrive during and after the COVID-19 pandemic.
Every business owner faces the hassle of managing the books, and the stress can be overwhelming when you have so many other responsibilities. But there are some ways to reduce the burden of handling your business’s finances. Here are expert-vetted best practices from seasoned business owners on how to manage your company’s finances.
Escalon is a one stop shop for essential business services such as accounting, taxes, insurance, benefits, HR & payroll. Back office services that are optimized...
