bookeeping service « The Payroll Department

Bookkeeping Mistakes – Every Small Business Owner Makes Them

Posted by Elaine on July 26, 2016

My friend, Karen, has a boutique. She has been running the small business single-handedly for close to six years now, and she recently expanded to take over some additional space next door. The additional square footage has had a greater impact than she expected – and has created some real stress and most importantly, one humongous realization. (more…)

Is Your Bookkeeping Killing Your Small Business?

Posted by Elaine on May 24, 2016

It’s pretty overwhelming when you think about it – one out of five new businesses are destined to fail. The top reasons for small business failures all tie back in some way to financial management. Cash flow, cash management and just knowing the numbers are at the crux of the problem. The reasons for that are probably pretty simple: many small business owners don’t go into business to do bookkeeping and be a financial analyst. They go into business to provide a product or service to the masses. That’s what really floats their boat. (more…)

Tags: benefits of outsourcing, bookeeping service, bookkeeper, cash flow, employers, financial management, Indiana, small business, The Payroll Department

Posted in: Bookkeeping and Accounting, Operating a Small Business