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Sunk Costs

By |2019-07-09T11:27:58-07:00July 9th, 2019|Bookkeeping, Financial accounting|

Even if we’re unfamiliar with the term, we all know what a sunk cost is, even if it’s not monetary. Someone who is in a bad relationship but continues in it because, “I’ve already invested so much time into him, I don’t want to give that up,” is using a fallacious belief, because the time [...]

Receipts – Why you need to keep them

By |2019-05-29T15:30:39-07:00May 29th, 2019|Bookkeeping|

The paperless world is here, and while we can welcome it, there are pitfalls. Receipts are one of those pitfalls. By receipts, we mean those little pieces of paper one gets in exchange for money when one purchases something, such as gas or office supplies or materials or whatever you pay for in the course [...]

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Why you need an employee handbook

By |2019-05-29T15:30:49-07:00May 29th, 2019|Employment Laws|

How many employees do you need to have before it matters? One. It only takes one dissatisfied employee, or just one employee who isn’t following the expectations that should be in the employee handbook, to cause problems. Why have an employee handbook? Employees like to know they’re all being treated the same as all other [...]

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