Why Bookkeeping is Important and Essential

Did you know that poor bookkeeping, or lack thereof, is one of the top reasons small businesses fail? It may not sound like the most exciting thing, especially if you don’t consider yourself a “math person”, but let’s face the facts, bookkeeping is essential for the success of any small business. Here at Mazuma, we … Continued

How To Write-Off Your Summer Vacation

  Although COVID-19 has prevented some of us from traveling, some are still planning on that fun summer vacation. One of the perks of being a small business owner is that you can deduct some of those expenses from your summer vacation.  You just need to know your motives before you go! To begin, let’s … Continued

Taking Advantage of Your Home Office

“Stay home and stay safe” has been the common phrase these last few months because of the pandemic development. Are you using your home for business? If so, you can deduct those expenses.  Small business owners have been asked to run their company from their homes.  Here at Mazuma, we want to help all of … Continued

What is a balance sheet?

  Here at Mazuma, we know financial statements are important for running a small business.  There are three basic financial statements; the balance sheet, income statement, and the statement of cash flow. A balance sheet is a description of a company’s assets, liabilities and equity at a specific point in time.  This is a snap … Continued

Ben’s Message

May Newsletter Nine years ago, we started a small company that helps small businesses with their bookkeeping, taxes, and accounting…a simple but needed service.  I value the entrepreneurial spirit and understand the hard work and dedication it takes to run a small business.  There are few pursuits that demand more character and grit than keeping … Continued

2020 Tax Dates You Should Know

Knowing when your business taxes are due can be stressful. It’s important to submit your information by each deadline to stay compliant with the IRS. As we approach tax season, you’ll want to pay attention to the following dates and mark them on your calendar:   January 15, 2020 If you made 2019 estimated tax … Continued

How to Grow Your Business: Customer Feedback

Your customers can help you to know how, when, and where to grow your business. Gathering customer feedback and listening to how your customers feel about your products, services, and brand can help you quickly identify what you are doing right and where you can improve.    When gathering customer feedback, you’ll want to make … Continued

How to Reduce Stress as an Entrepreneur

It’s no secret that being an entrepreneur is stressful. You’ve got a million things on your plate. From ordering inventory to dealing with customer concerns, to staying within budget and beyond, the stress of daily responsibilities can wear on you. As an entrepreneur, it’s important to reduce stress so that you can have a clear … Continued

Choosing the Best Location for Your Business

  A good location can make or break your business, and that can be a lot of pressure on you as a business owner. There are many factors to think about as you are choosing a location. From monthly lease price to volume of walk-by traffic to the ambiance of the building, each detail of … Continued