Account reconciliation is one of the least understood and most important parts of financial record keeping. Basically, reconciling is comparing your records to your bank statements and noting any discrepancies. Why should you do it? Reconciling your books regularly is a lot like cleaning your ... READ MORE >
Best Financial Habits of Small Businesses
Some small businesses seem to have it all together—the entrepreneurial equivalent of the beautiful mom with the perfect kids. They have budgets, make profits, and know where every penny is—all of which helps them grow into big businesses. But how do they do it? How do they keep on top of their ... READ MORE >
Working with an Outsourced Bookkeeper
How much does it cost to work with an outsourced bookkeeper? If you have a small business, working with an outsourced bookkeeper or accountant can be the best way to get help with your financial records. People often ask me how much it costs to hire an outsourced bookkeeper and my ... READ MORE >
Synching Income and Expenses in Your Budget
Unfortunately, most business expenses don’t conveniently spread themselves out evenly over twelve months. And income? Well, most businesses have seasonal variability so you earn more in some months than in others. Getting income and expenses to synch up is likely to be one of the biggest challenges ... READ MORE >
The Importance of Customer Service When the Going Gets Tough
Small business owners are always inundated with advice about how to grow their business and acquire new customers. Of course, that’s not bad advice, but what often gets neglected is the importance of retaining your current clients and providing them with good service. This is particularly true ... READ MORE >