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Mike Thrift

Marketing Manager

3788 публикацииВижте всички автори
ATV & UTV Rental and Guided-Tour Bookkeeping: Fleet, Insurance, and Waivers
·mike

ATV & UTV Rental and Guided-Tour Bookkeeping: Fleet, Insurance, and Waivers

ATV and UTV rental operators typically earn 70-80% of annual revenue in a four-to-five-month peak season, so a 15-20% off-season reserve, per-unit fleet depreciation, monthly-accrued insurance, and a waiver trail tied to rental number and unit ID are the bookkeeping controls that keep the business solvent and defensible.

bookkeeping
small-business
seasonal-business
Payday Super Is Live: What Australian Small Business Employers Must Do Now
·mike

Payday Super Is Live: What Australian Small Business Employers Must Do Now

Australia's Payday Super reform, effective 1 July 2026, requires employers to remit superannuation guarantee contributions within 7 business days of payday, replacing the old quarterly deadline and late-payment offset with a stacked penalty regime that adds GIC interest, up to a 60% administrative uplift, and fund-choice loading.

payroll
small-business
compliance
Christmas Light Installation Business Bookkeeping: Deposits, Cash Flow, and the Off-Season
·mike

Christmas Light Installation Business Bookkeeping: Deposits, Cash Flow, and the Off-Season

Christmas light installation businesses collect nearly all their annual revenue in a six-to-eight-week window each fall, so booking October deposits as deferred revenue and sizing a reserve to a ten-month off-season — not the generic three-month rule — determines whether the business survives to next November.

seasonal-business
cash-flow
bookkeeping
Climbing Gym Bookkeeping: Membership Deferred Revenue, Route-Setting Labor, and the 3-Year Path to Profitability
·mike

Climbing Gym Bookkeeping: Membership Deferred Revenue, Route-Setting Labor, and the 3-Year Path to Profitability

Membership revenue isn't earned when the cash arrives—it's earned daily as members climb. Learn how climbing gym owners calculate deferred revenue, classify route-setting labor, and forecast profitability.

bookkeeping
accrual-accounting
cost-of-goods-sold
Cloudflare's Pay Per Crawl Deadline: What Small Business Website Owners Need to Know Before September 15, 2026
·mike

Cloudflare's Pay Per Crawl Deadline: What Small Business Website Owners Need to Know Before September 15, 2026

Starting September 15, 2026, Cloudflare will block mixed-use AI crawlers by default on ad-carrying pages for free-tier and new accounts, part of a broader shift from Pay Per Crawl to a Pay Per Use monetization model that lets site owners charge AI companies when content actually creates value.

ai
technology
automation
Elevator & Escalator Maintenance Contractor Bookkeeping: ASC 606 and Job Costing
·mike

Elevator & Escalator Maintenance Contractor Bookkeeping: ASC 606 and Job Costing

A framework for elevator and escalator maintenance contractors to recognize FMA and O&G contract revenue ratably under ASC 606, track lumpy repair costs by job, and separate capitalizable modernization work from routine service revenue.

accrual-accounting
financial-reporting
cash-flow
Employee Dishonesty Insurance and Fidelity Bonds: What They Cover and What They Don't
·mike

Employee Dishonesty Insurance and Fidelity Bonds: What They Cover and What They Don't

A fidelity bond (employee dishonesty insurance) covers employee theft, forged checks, and payroll fraud that general liability and property policies exclude, and it's legally required for anyone handling a 401(k) plan's assets under ERISA.

insurance
fraud-prevention
fraud-detection
The FTC's 2026 Franchise Fee Disclosure Enforcement: What Franchisees and Franchisors Must Know
·mike

The FTC's 2026 Franchise Fee Disclosure Enforcement: What Franchisees and Franchisors Must Know

The FTC's 2026 enforcement mandate requires all franchise fees disclosed upfront in the FDD. Learn what changed, how it protects franchisees, and what compliance steps franchisors must take.

franchise-bookkeeping
compliance
financial-transparency
Independent Contractor Misclassification: Why One Parking-Spot Company Paid $6 Million and What the 2026 DOL Rules Mean for Your Hiring
·mike

Independent Contractor Misclassification: Why One Parking-Spot Company Paid $6 Million and What the 2026 DOL Rules Mean for Your Hiring

Contractor misclassification can cost over $100,000 per worker. Learn how the 2026 DOL rules tighten classification requirements and why industries from delivery services to healthcare tech are facing major reclassification lawsuits.

payroll
small-business
hiring
Kentucky HB 185: How the New Occupational License Predetermination Law Affects Small Business Hiring
·mike

Kentucky HB 185: How the New Occupational License Predetermination Law Affects Small Business Hiring

Kentucky's HB 185, in effect statewide since July 15, 2026, lets applicants with a conviction history request a binding predetermination from a licensing board before paying for training, and bars boards from treating any felony as automatically disqualifying — a change that directly affects the labor pool for small businesses hiring cosmetologists, HVAC techs, real estate agents, and other licensed trades.

small-business
hiring
compliance
Land Surveying Firm Bookkeeping: Overhead Rate, Job Costing, and Slow-Paying Developer Clients
·mike

Land Surveying Firm Bookkeeping: Overhead Rate, Job Costing, and Slow-Paying Developer Clients

Land surveying firms typically run overhead rates of 100-150% of direct labor and need a break-even multiplier of 2.75-3.25x to stay profitable, but most price off gut feel and burdened-labor guesses instead of job-level cost tracking.

bookkeeping
small-business
financial-management
Marketing Agency Retainer Accounting: How ASC 606 Revenue Recognition Actually Works
·mike

Marketing Agency Retainer Accounting: How ASC 606 Revenue Recognition Actually Works

A practical guide to applying ASC 606 revenue recognition to marketing and creative agency retainers, covering standing-ready vs. activity-based retainers, deferred and unbilled revenue journal entries, and the due-diligence risks of booking full retainers as revenue on invoice date.

creative-industries
consulting
revenue-recognition
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