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GrowthForce Blog

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Risks of Commingling Funds: Piercing the Corporate Veil

7 min read Protecting personal assets is a fundamental reason many entrepreneurs opt to form a corporation or LLC. This safeguard, known as the corporate veil, grants owners and managers limited personal liability ...

QuickBooks® Online vs Desktop: Which Is Best for My Architecture Firm?

8 min read When running a business today, it's nearly impossible - and definitely not recommended - to manage your back office with manual bookkeeping and ...

The Number One KPI Needed by AEC Firms

7 min read The 43rd Annual Deltek Clarity Architecture and Engineering Study examines industry trends and found that increased employee attrition rates ...

Biggest Accounting Challenges (And Solutions) For Architecture Firms

7 min read Although it is not your core function, your architecture firm's bookkeeping and accounting department is like its engine. Without healthy ...

The Importance of Budget Reports

7 min read Budgeting and budget reporting are integral parts of running a successful business. At face value, budgeting might seem like a mundane, ...

The Top 10 Bookkeeping Mistakes in Engineering Firms

8 min read In any business, owners must manage both the business's core function, such as engineering in an engineering firm, in addition to the ...

What Does It Cost To Build An Optimized Accounting System

6 min read You can't run a business without a sound back office. Key Takeaways Why Some Businesses Consider Building Their Own Accounting Systems: Many ...