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Posts Tagged Grace Walker

How Prepared is Your Small Business to Face a Disaster?

This last week during a storm one of the homes in my neighborhood was struck by lightning and caught fire. The fire left skeletal remains of the structure’s second story. In the end, the entire home was a total loss. Luckily the family and their pets were all able to get out safely. But in less than eight minutes, their entire lives were turned upside down.

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Posted in: Bookkeeping and Accounting, Operating a Small Business, Payroll

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4 Top Issues Bookkeeping Can Help Solve for Your Small Business

Are you damaging your business by trying to do everything, including bookkeeping, on your own?As a small business owner, you want your business to grow and succeed. But all small businesses are plagued by the same common problems that can impede their success. Part of the problem is, try as they might, entrepreneurs are just not as knowledgeable and effective in all areas of their businesses as they would like. This lack of knowledge and ineffectiveness can lead to inadequate processes, errors, and missed opportunities.

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Posted in: Bookkeeping and Accounting, Operating a Small Business, Payroll, Uncategorized

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Get Rid of Cash Flow Problems So Your Business Can Succeed

Your small business depends on good cash flow. When not enough cash comes in, you can’t pay your expenses (like rent, utilities, supplies, etc.), cover your payroll, or purchase materials to provide your products and services. Your small business could be making a profit, but also experiencing financial problems, if you’re not managing your cash flow properly. A good bookkeeper, like Grace Walker of The Payroll Department, can help you stay on top of your cash flow, so your small business can succeed. (more…)

Posted in: Bookkeeping and Accounting, Operating a Small Business

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Outsourcing Bookkeeping Can Save Your Small Business Much More Than You Realize

Why do employers even think about providing health benefits?

As always, wanting employees to be healthy is both a personal and professional concern for employers. Most all people wish good health for everyone. But when there is as intimate a relationship as employer/employee, that wish is even stronger. There is greater concern for the well-being of people you know and care about. (more…)

Posted in: Bookkeeping and Accounting, Operating a Small Business

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Mis-categorization and Generalization Can Throw Your Accounting Records into a Tizzy

Small business owners and entrepreneurs have a reputation for being outliers, rebels and thinkers of a different sort. Many times that means they come up with some really great ideas and innovations, but it can also mean that they stumble into problems when it comes to general accounting practices. Some big idea people are extremely detail oriented and others can’t do a thing with details – and therein lies the problem. (more…)

Posted in: Bookkeeping and Accounting

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6 Reasons Your Business Needs Proper Bookkeeping

Proper bookkeeping is an essential element for any size small business – larger or smaller. Unfortunately, many entrepreneurs often neglect this task in favor of growing and running their business, which is understandable. After all, you’re a business owner – not a bookkeeper. (more…)

Posted in: Bookkeeping and Accounting, Operating a Small Business

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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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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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