You would be surprised by how many small businesses don't understand their bookkeeping and are dismayed by how much time they spend doing it. Many successful small businesses don't have an adequate bookkeeping system in place to understand their current situation. Some don't even know the status of their accounts receivable, accounts payable or cash flow. [...]
With continuous improvements, in software like QuickBooks, bookkeeping has become mostly automated, but it can be frustrating for a small business to use the software to its full potential. Our clients find that it's easier to leave the burden of their books to trusted professionals, rather than risk penalties or running out of cash. With the [...]
As a small business owner, you hear this question all the time: How's business? A very typical response is: Great, but I'm just so busy. Most business owners are just busy being busy, but I wonder: How many of them know how their business is actually doing? I will explain how an outsourced bookkeeping service can help you understand how your business [...]
If you’re considering bookkeeping or other financial services, words such as “bookkeeper,” “accountant” and “CPA” are often used interchangeably to refer to financial professionals. However, there are important differences between these roles and understanding those differences will help you determine who can provide you with the most cost-effective results. The Role of a Bookkeeper A bookkeeper [...]
Do you need to update your small business bookkeeping? Don’t worry. Many business owners fall behind. Life happens. After all, it’s most important to focus on profitable growth and to do what you do best. However, at some point, you just need to get the bookkeeping done. And -- once and for all -- ensure this [...]
Our first blog of the year is about you – a small business owner or executive – to help you focus on what you do best! Hiring a bookkeeper to help you set things up or help you maintain your books each month is not only affordable, it makes a lot of business sense. YourBizManager helps [...]
In many ways, December is a critical month for every business and for many reasons, including its bookkeeping. Many small business owners struggle with finding the time for their business during the holidays. However, putting your bookkeeping on the back-burner in December is a mistake. There is too much bookkeeping to be done before year-end, so [...]
Really? Is the best use of your time to tend to own bookkeeping? As a small business owner, you likely have many other better things to do like focusing on sales and growth, forecasting and making changes to your business to capture market share and stay ahead of the competition. Now might be the time to [...]
The new year is quickly approaching which means your year-end bookkeeping needs to be reviewed and wrapped-up very soon. The checklist which follows will help you through the main points so you’re ready for your meeting with your Tax Specialist or CPA. Taking time to make your accounting accurate can reduce headaches later, especially at tax [...]
It's easy for a small business owner to disregard some of the small mistakes made with their bookkeeping. It's understandable: owners are short on time. Other tasks feel more important and it can be difficult to keep up with changes in QuickBooks, too. With a bit of help, most of the common bookkeeping mistakes are easy [...]
