The Weekly Spark

Expert advice to increase your margins and grow your business.

Latest Posts

Video: What Is Ignite Spot?

Video: What Is Ignite Spot?

Video: What Is Ignite Spot?

Watch our new explainer video to better understand what Ignite Spot is and how we can help your company with it's ...

Your Guide to Debits and Credits in Accounting Services

Your Guide to Debits and Credits in Accounting Services

Your Guide to Debits and Credits in ...

“Is this a debit or a credit?” Debits and credits are some of the most puzzling subjects in the bookkeeping and ...

7 Ways Your Accounting Services Team Can Improve Your Cost Management Strategy

7 Ways Your Accounting Services Team Can Improve Your Cost Management Strategy

7 Ways Your Accounting Services Team ...

You probably already have a bookkeeper. But your bookkeeping and accounting teams are probably too swamped to notice ...

Bookkeeping Basics

Financial Futures Analysis: How Do You Calculate Break-Even Point?

Financial Futures Analysis: How Do You Calculate Break-Even Point?

Financial Futures Analysis: How Do You ...

Profits, losses, revenues, oh my! As a business, you really want one thing: to bring money into your company. But ...

Bookkeeping and Accounting Terms: Relevant and Reliable Information

Bookkeeping and Accounting Terms: Relevant and Reliable Information

Bookkeeping and Accounting Terms: ...

As the decision maker for your small business, understanding basic bookkeeping and accounting terms isn’t just ...

The Business Owner’s Guide to Net Profit Margin Terminology

The Business Owner’s Guide to Net Profit Margin Terminology

The Business Owner’s Guide to Net ...

Every business owner wants to be profitable. But how do you truly know your level of profitability? Between incoming ...

Cheap Online Accountants & Financial Nightmares

Cheap Online Accountants & Financial Nightmares

Cheap Online Accountants & Financial ...

Hiring the wrong accounting professionals is one of the worst financial decisions a business owner can make. And in our ...

What Does a Bookkeeper Do? Hint: More Than You’d Expect

What Does a Bookkeeper Do? Hint: More Than You’d Expect

What Does a Bookkeeper Do? Hint: More ...

Almost half of all small business owners say they don’t have a bookkeeper or an accountant. Source: Clutch 2018 Small ...

4 Marketing Agency Pricing Models and Which You Should Choose

4 Marketing Agency Pricing Models and Which You Should Choose

4 Marketing Agency Pricing Models and ...

U.S. Census Bureau data shows that in the last 15 years, revenue generated by marketing agencies hasn’t just grown—it’s ...

Financial Strategies

7 Ways Your Accounting Services Team Can Improve Your Cost Management Strategy

7 Ways Your Accounting Services Team Can Improve Your Cost Management Strategy

7 Ways Your Accounting Services Team ...

You probably already have a bookkeeper. But your bookkeeping and accounting teams are probably too swamped to notice ...

An Overview of the Budget vs. Actual Report Analysis Process

An Overview of the Budget vs. Actual Report Analysis Process

An Overview of the Budget vs. Actual ...

Just about every industry has its own hodgepodge of buzzwords and jargon. Accounting is by no means an exception to ...

Accounting Tips for a Sustainable Launch

Accounting Tips for a Sustainable Launch

Accounting Tips for a Sustainable Launch

About half of all startups don’t survive past year five. And in the last year, more businesses have been formed than ...

Drive Your Marketing Agency with Financial Business Reports

Drive Your Marketing Agency with Financial Business Reports

Drive Your Marketing Agency with ...

Imagine trying to drive a car while wearing blinders. Not only would you struggle to find your way, but you could also ...

Make Better Business Decisions Using Your Financial Statements

Make Better Business Decisions Using Your Financial Statements

Make Better Business Decisions Using ...

Most business owners don’t lack confidence or decisiveness. No, to make better business decisions, most leaders lack ...

7 Benefits of Alternative Corporate Cash Cards

7 Benefits of Alternative Corporate Cash Cards

7 Benefits of Alternative Corporate ...

Traditional bank debit cards don’t allow you to get rewards while reducing your debt. Cash cards from partners like ...

Business Taxes

The Top 11 Ways to Avoid an IRS Audit at Your Small Business

The Top 11 Ways to Avoid an IRS Audit at Your Small Business

The Top 11 Ways to Avoid an IRS Audit ...

The idea of an audit is stressful for business owners. Learn how to avoid an audit and how small business accounting ...

What are Tax Write-Offs? What to Know About Small Business Tax Deductions

What are Tax Write-Offs? What to Know About Small Business Tax Deductions

What are Tax Write-Offs? What to Know ...

There are only two ways to increase your profits: increasing revenue and cutting costs. One of the easiest ways to cut ...

[Ebook]: A Tax Director’s Top 7 Tax Strategies for Small Businesses in 2021

[Ebook]: A Tax Director’s Top 7 Tax Strategies for Small Businesses in 2021

[Ebook]: A Tax Director’s Top 7 Tax ...

Six billion. That’s how many hours Americans spend each year collecting their financial information to file their ...

How to Save on Your  Business Taxes

How to Save on Your  Business Taxes

How to Save on Your  Business Taxes

This trick reduced a client's tax liability from $100K to nearly $10K within a few hours of work. Watch the video where ...

What is the 2020 standard mileage rate and how do I use it in my business?

What is the 2020 standard mileage rate and how do I use it in my business?

What is the 2020 standard mileage rate ...

Learn about the 2020 standard mileage rate and how to save the most on your small business taxes this year.

Explaining Tax and Accounting Services Terminology: AGI vs. Taxable Income

Explaining Tax and Accounting Services Terminology: AGI vs. Taxable Income

Explaining Tax and Accounting Services ...

Taxes can sometimes feel like a massive kick in the keister. They’re complicated, convoluted, and make you anxious. But ...

Profitable Business Leader

Why CFO Services and Business Coaching Belong Together

Why CFO Services and Business Coaching Belong Together

Why CFO Services and Business Coaching ...

You need a business coach. In my 18 years as an accounting professional (14 of them as CEO of Ignite Spot), I've worked ...

5 New Ways to Increase Your Customer Retention Rate in 2021

5 New Ways to Increase Your Customer Retention Rate in 2021

5 New Ways to Increase Your Customer ...

As businesses emerge from the uncertainties of 2020, their priorities — and spending — will shift toward improving ...

When to Fire Someone: 7 Indicators It’s Time to Let Go

When to Fire Someone: 7 Indicators It’s Time to Let Go

When to Fire Someone: 7 Indicators It’s ...

When someone on your team isn’t happy or performing to standards, you have two options: ignore the issue or get to the ...

4 Things Entrepreneurs Should Know Before Becoming a Franchise Owner

4 Things Entrepreneurs Should Know Before Becoming a Franchise Owner

4 Things Entrepreneurs Should Know ...

There's never been a hotter time to buy a franchise. Franchises have become steadily more profitable over the last ...

Start a Business with Less than $1k: These 11 Entrepreneurship Success Stories Prove it Can Be Done

Start a Business with Less than $1k: These 11 Entrepreneurship Success Stories Prove it Can Be Done

Start a Business with Less than $1k: ...

Most entrepreneurship success stories you read tell you how massive Fortune 500 list-makers got their start. But what ...

Are You a Serial Entrepreneur or Just Distracted? (How to Build a Business that Lasts)

Are You a Serial Entrepreneur or Just Distracted? (How to Build a Business that Lasts)

Are You a Serial Entrepreneur or Just ...

We recently heard a serial entrepreneur describe the many tantalizing business ideas in his mind. “I’m like a caged ...

CFO Services

Accounting Tips for a Sustainable Launch

Accounting Tips for a Sustainable Launch

Accounting Tips for a Sustainable Launch

About half of all startups don’t survive past year five. And in the last year, more businesses have been formed than ...

Drive Your Marketing Agency with Financial Business Reports

Drive Your Marketing Agency with Financial Business Reports

Drive Your Marketing Agency with ...

Imagine trying to drive a car while wearing blinders. Not only would you struggle to find your way, but you could also ...

Protect Your Business from Unforeseen Expenses with Agile Finance

Protect Your Business from Unforeseen Expenses with Agile Finance

Protect Your Business from Unforeseen ...

As businesses begin planning for next year, it’s wise to adopt an agile finance model. That way, leaders can handle ...

10 Cash-Flow Problems That Cripple Your Business & How to Solve Them

10 Cash-Flow Problems That Cripple Your Business & How to Solve Them

10 Cash-Flow Problems That Cripple Your ...

Congratulations. You’ve built a business and made it profitable. But profitability isn’t the finish line. Your next job ...

How to Forecast Cash Flow for Your Business

How to Forecast Cash Flow for Your Business

How to Forecast Cash Flow for Your ...

Your cash flow forecast is a foundational tool that allows you to look forward in your business instead of looking at ...

What's the Difference Between a CFO vs Controller?

What's the Difference Between a CFO vs Controller?

What's the Difference Between a CFO vs ...

While some of a Controller’s functions appear to be the same as a CFO, there is an important distinction. Generally, ...

News & Updates

Phase Three Is Here: How to Reopen Your Business After Covid-19 Lockdown

Phase Three Is Here: How to Reopen Your Business After Covid-19 Lockdown

Phase Three Is Here: How to Reopen Your ...

As state governments waffle between reopening in phase two, phase three, and even a few phases in between, businesses ...

How to Find and Work with the Right Marketing Agency for Maximum ROI

How to Find and Work with the Right Marketing Agency for Maximum ROI

How to Find and Work with the Right ...

Marketing impacts revenue. Research from experts at OutboundEngine shows that even a small increase in marketing spend ...

[Quiz] Is Your Marketing  Remarkable? | Agency Scorecard

[Quiz] Is Your Marketing  Remarkable? | Agency Scorecard

[Quiz] Is Your Marketing  Remarkable? | ...

Hiring a marketing agency is a great way to invest in your company's growth. After successfully onboarding your new ...

PPP Second Draw FAQ’s

PPP Second Draw FAQ’s

PPP Second Draw FAQ’s

The SBA reopened the Paycheck Protection Program loan portal for the first and second draw on January 11, 2021. Find ...

The Future of Accounting Technology for Business Leaders

The Future of Accounting Technology for Business Leaders

The Future of Accounting Technology for ...

Accounting automation doesn’t replace your accountant. It makes them better at giving you strategic advice. It’s one ...

Why CEOs Must Mind Their Mindset (Plus, Ways to Improve Your Outlook Now)

Why CEOs Must Mind Their Mindset (Plus, Ways to Improve Your Outlook Now)

Why CEOs Must Mind Their Mindset (Plus, ...

Half of CEOs report experiencing loneliness. I’ve worked with thousands of business leaders and believe that if CEOs ...