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Posts Tagged bookkeeper

Bookkeeping Mistakes – Every Small Business Owner Makes Them

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…)

Posted in: Bookkeeping and Accounting, Operating a Small Business

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Get Your Expenses and Receipts Under Control

Are you a solopreneur? How do you handle keeping track of your expenses and receipts? Do you just throw your receipts into a big box to handle at a later time? Maybe you tell yourself that you’ll make time to scan your receipts and input your expenses on a monthly basis. But you know what ends up happening. Just like every other small business owner, you get too busy, and the task just continues to accumulate until tax time comes along and you scramble to get everything organized. So stop putting yourself through this added stress by hiring a bookkeeper. (more…)

Posted in: Bookkeeping and Accounting, Operating a Small Business

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Are You Keeping Your Small Business Accounts In Order?

The truth always comes out at this time of year – right after small business owners file their tax returns. Unless a business owner has learned about accounting practices and knows the ins and outs of profit and loss statements and balance sheets, the language of business finance can be absolutely foreign. As a friend of mine often says, “I think they’re talking Pekingese.” (more…)

Posted in: Bookkeeping and Accounting

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Is Your Bookkeeping Killing Your Small Business?

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…)

Posted in: Bookkeeping and Accounting, Operating a Small Business

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