When it comes to bookkeeping for small businesses, bank reconciliation is an important aspect to make sure your financial information is correct. Reconciling your bank statement involves comparing ...
As your business grows, understanding where you are most profitable becomes crucial. This can be analyzed by 3 different categories: clients, products/services, and sales channels. Let’s break down ...
If you struggle like we do with how to price your product, consider the Subscription Pricing or Good, Better, Best model. One of the best things we ever did was move to subscription pricing. For ...
Running a successful business involves managing costs effectively. Two essential strategies come into play: Cost Avoidance and Cost Effectiveness. Let’s explore what they mean and how they impact ...
The relationship you have with your accountant shouldn't be one-sided. Yes, it's important for you to have collected all the necessary documents in a timely fashion so your accountant can prepare ...
While I was on the plane on my way to Scaling New Heights 2022, the premier conference for Bookkeeping Experts, I took a look at my goals from the last conference held in November 2021 to see how ...
Sometimes bookkeeping for small businesses can be frustrating--both for you as an entrepreneur and for your bookkeeper. They slow you down by asking questions about things that you would rather not ...
To fully understand where your business stands financially, it's important to fill out expense reports. It will provide insight into your business' spending and cash flow, as well as can help you ...
One of the most exciting things a small business owner will do is hire their first employee. Though it make take some time to find the right person, after you're through the interview and references ...
Our clients often ask us to help prepare their taxes in addition to the small business bookkeeping assistance we provide. Instead, we refer our clients to a CPA firm to provide tax preparation ...
