Independent Contractor or Employee?

Independent Contractor or Employee?

Hiring new staff is a big step for any small business. There may be times, though, when hiring an independent contractor may make more sense than hiring an employee, especially if there are specialized projects your business is doing that may not require full-time or...
Start 2026 Financially Fresh

Start 2026 Financially Fresh

I’m not sure how the new year suddenly popped in on us, but here we are! There’s something satisfying about a clean slate. Whether that is a fresh calendar, new goals, or the promise of a better year ahead, it’s just so freeing! But before you dive into...
Financial Lessons We Can Learn From Classic Holiday Movies

Financial Lessons We Can Learn From Classic Holiday Movies

The holidays are officially upon us! I just love how it’s full of cozy traditions, cheerful music and best of all… classic movies I never get tired of watching. Believe it or not, hidden between the snowflakes and sentimentality are some surprisingly sharp...
Counting Our Blessings: A Thanksgiving Message

Counting Our Blessings: A Thanksgiving Message

It seems hard to believe the calendar has flipped to November already, but here we are! As the air turns crisp and the scent of pumpkin spice fills the air, this time of the year offers a perfect moment to pause, reflect, and give thanks. At Knecht Business Solutions,...
Effective Debt Management Strategies for Your Business

Effective Debt Management Strategies for Your Business

The financial health of your business is one of the most important aspects of being a business owner. It can, however, also be impacted by a wide range of factors, both in and out of your control. One thing you CAN control is how much debt you accumulate and, perhaps...
Steps to Prevent Expense Fraud

Steps to Prevent Expense Fraud

Expense fraud can be a serious issue, but it is a risk that is often overlooked. Unfortunately, the longer fraud goes undetected, the greater the financial damage is for the business. Therefore, tackling the problem of expense fraud should be a priority for any...
A Dozen Ways for Summer Fun in Madison

A Dozen Ways for Summer Fun in Madison

It’s summertime in our hometown of Madison, so we decided to take a bit of a break from sharing our plethora of bookkeeping tips this month. Since a pretty good chunk of our clients and colleagues are headquartered here, we thought we’d take the opportunity to...
Tips for Tax Reduction in Businesses

Tips for Tax Reduction in Businesses

Now that tax season behind us, it’s a great time to reevaluate how you can minimize your company’s tax liability for the future. Have you evaluated your company’s current financial performance lately? By doing so, you can adjust your tax strategy...