Opsahl Dawson Blog

The Importance of Separating Business and Personal Finances

Do you have a financial firewall between you and your business? Whether you’re an entrepreneur who’s just starting up or a small business owner who’s been chugging along for a while, nothing is more important than separating your business and personal finances. Why should Washington business owners be concerned about keeping these finances separate? Legal liability, ease of bookkeeping, and personal asset protection are just a few reasons to separate your personal cash from [...]

By |August 28th, 2019|Categories: Finance|

How to Hire the Right Accountant for Your Small Business

Hiring an accountant is all about finding the right “fit” You’re an expert at running a small business. But managing your books, taxes, and financial statements could be another story. An accountant is a vital partner in your business venture, helping you “crunch the numbers” and ensure your business is moving on a path toward financial success. But don’t risk working with just anyone. Hire an accountant with the qualities and skills to [...]

By |August 10th, 2019|Categories: Accounting, CPA|

Small Business Financing Guide

Financing is one of the most confusing aspects of starting or growing your business. There are a lot of directions you can go, all with positives, negatives, and different responsibilities. In this small business financing guide, we’ve tackled some of the major financing options available to most small businesses. These are great tools for both starting a business, and taking it to the next level. Keep in mind while you’re reading this guide that [...]

By |May 16th, 2019|Categories: Finance|

CPA or Software? A Guide to Choosing The Right Option For You

If you own or operate a business, chances are you either have or will soon be deciding whether or not your business needs a CPA. The answer to this question is an important one to consider as you bring your business into the future, and the answer is not always clear. In this month’s post, we’ll outline the benefits of both options and when you should choose each option. [...]

By |March 25th, 2019|Categories: Accounting, CPA|

Sierra Eckman Featured in Vancouver Business Journal

Recently, Sierra Eckman, Opsahl Dawson Shareholder and CPA wrote a column in the Vancouver business journal. If you’re planning on buying or selling a business in 2019, it’s a must-read! In the article, you’ll learn strategies for planning and executing the transfer of a business. Sierra weighs the pros and cons of stock and asset transactions, as well as more advanced topics like depreciation and tax liabilities. 3 Key Tips & Top Takeaways In [...]

By |February 27th, 2019|Categories: Accounting, Tax Return, Taxes|

Accounting 101: A Guide for New Businesses

Are you an entrepreneur starting a new business in Vancouver? We meet with many local business owners who have so much creativity, drive, and passion for their new venture — it’s inspiring! However, not everyone puts enough consideration toward the financial and legal aspect of their business. From business entity selection, audits, taxes, payroll, bookkeeping, deadlines, and more, there is a lot to understand and do! We’re here to help. This guide will help [...]

By |November 19th, 2018|Categories: Accounting|
Load More Posts