The MATAX Blog: Ops and Accounting Insights for Founders
Actionable advice, operational playbooks, and strategic deep dives to help you scale your business without the chaos.
Top Business Apps: February 2021 Picks & Reviews
Discover top business apps hand-picked for February 2021 by the MATAX team: Roger, Xavier Analytics, Float, and Calendly. Streamline operations and save time!
5 Most Common Accounting Mistakes That Could Hurt Your Business
Many small business owners tend to handle their own accounting and bookkeeping, especially when they’ve just started out. However, keeping track of the finance-side of the business– everything from income to expenses to tax compliance– can be overwhelming.
Top Business Apps 2021: Streamline & Save Time
Discover the top business apps for January 2021 handpicked by MATAX experts. Streamline operations, save time, and boost efficiency with the best app solutions.
Update your business plan for a new year
As another year winds down, it’s a good time to reflect on your recent business successes – and consider what you’d like to achieve in the coming twelve to fifteen months.
These tips can help you with the process of making plans to help guide your business to greater success
Top Business Apps to Boost Efficiency in December
Discover the top business apps to boost efficiency in December 2020. From accounting integrations to video conferencing tools, find the ideal solutions.
Creating your business to-do list
When you’re an entrepreneur, your to-do list is often long and constantly growing longer. There is an overwhelming number of things you need to do, and it can feel like they’re all urgent. In such cases, it’s easy to push important tasks to the side and focus on less-vital activities, but that often means you miss deadlines, make mistakes, or always feel as though you’re trying to catch up.
How Small Businesses are Boosting Sales During COVID-19
In this article, we put a spotlight on the most creative and innovative ways that small businesses have adopted to increase sales during the pandemic and prosper in the new business environment.
How Your Business Can Thrive Even in a Recession
The pains caused by a recession can be excruciating, which is why most of us dread the thought of it. A recession can mean massive layoffs, jobs becoming harder to find, and wages frozen, which means consumers hunker down and spend less– often worsening the economic slowdown unknowingly.
Efficient business systems really pay off
Too many businesses fall over because the owner has not established efficient business systems. This typically happens because the business owner is so caught up in the day-to-day running of the business that the fundamentals of good business management get forgotten.
Changing your business model
Your current business model is the way your business earns money. A change in your business model can bring substantially more income – sometimes for less work and lower overhead costs.
How cash flow forecasts can help you
Managing cash flow is a vital part of running a successful business. Some business owners think managing cash flow simply means keeping track of how much money enters and leaves their business, but there’s actually more that goes into it.
Prepare a business plan for COVID-19 recovery
You probably didn’t factor a global pandemic and national lockdown into your business plan! So now is definitely a good time to revisit your business plan for the next year.
How to build a cash war chest when money is tight
Your “war chest” is the financial reserve your business has built up so you can take advantage of an opportunity or cover unexpected costs or emergencies. Building a cash reserve when finances are tight, however, can be difficult.
Opening the books - should you share your business' financial performance with employees?
There are two schools of thought when it comes to “open book management” – the decision to increase transparency by sharing your company’s financials with your employees.
Why hiring a bookkeeper is a great investment
Discover why hiring a bookkeeper is a smart investment for small businesses. Save time, prevent errors, get expert financial advice, and ensure you get paid.