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Salt Lake City Bookkeeping Blog

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Do You Make Time for Your Small Business During the Holiday Season?

  
  
  
Make Time for your Business During the Holidays

Ahh the holidays are upon us. I typically equate the day before thanksgiving as the official start to the holiday season. It can be an overwhelming time of year on a lot of different levels. You need to make time for your family, try and shop without getting trampled, all while continuing to run your small business.

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Note: This blog does not claim credit for images posted on this site unless specified.  Images are copyright to their respectful owners.  If there is an image that appears on this blog that belongs to you and you do not wish for it to appear on this site please email matt@slcbookkeeping.com with a link to the image and it will be removed.  

To Achieve Consistent Quality Bookkeeping, Use Checklists

  
  
  

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Note: This blog does not claim credit for images posted on this site unless specified.  Images are copyright to their respectful owners.  If there is an image that appears on this blog that belongs to you and you do not wish for it to appear on this site please email matt@slcbookkeeping.com with a link to the image and it will be removed.  

Small Business Owners - What Happens When You Die?

  
  
  
Business Exit Plan

You own a small business but have you thought about what happens to your business when you die? Most people don't because they are uncomfortable with the thought. I get it; nobody likes to think about being dead, but not preparing for the worst case scenario leaves your business vulnerable. Many people assume that their business will just continue on per normal if they die. However, without the proper planning and documentation the future of your business can be questionable. So what happens to your small business when you die?

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Who Makes a Great Client for Our Bookkeeping Services

  
  
  
Ideal Bookkeeping Client

Let's face it some clients are just better than others. We have so many great clients for our bookkeeping service and they have a lot of common traits. Not all clients though are a great fit for your service and sometimes it becomes necessary to fire bad clients. It's typically not the fault of the client or the service provider; sometimes it's just not a good fit. Good clients on the other hand are the perfect fit. They produce good revenue in an efficient manner and both sides win. You know when you have a home run fit for your service and you should know how to define your perfect client and then target them. So, who makes a great client for our bookkeeping services?

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Note: This blog does not claim credit for images posted on this site unless specified.  Images are copyright to their respectful owners.  If there is an image that appears on this blog that belongs to you and you do not wish for it to appear on this site please email matt@slcbookkeeping.com with a link to the image and it will be removed.  

How to Properly Pitch a Small Business Idea

  
  
  
Pitch a Business Idea

It was a great question I was faced with: "Can you expand on that? How to properly pitch a business idea." I was speaking at the Missoula Entrepreneurs Club and I was talking about the importance of pitching. I was a bit taken back because I didn't know how to properly answer the question. It's not that I don't know how to pitch but I didn't know how to give a short answer to that question. In the end I ended up telling them the difference between pitching to a banker vs an angel investor. I am by no means an expert on pitching a business idea but here are my thoughts on it.

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SLC Bookkeeping is Hiring; What we Look for from Employees

  
  
  
Jobs at SLC Bookkeeping

SLC Bookkeeping is hiring at all times of the year because we are always looking for top talent. If you are a good cultural fit and have the right skills chances are we have a job for you. In an economy that still seems challenging for many people to find a good job we are thankful to be in a position to hire. We are also proud to offer competitive jobs, employee benefits and perks, and the ability to provide small business jobs in our local community. So what do we at SLC Bookkeeping look for in a new employee?

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Putting Your Small Business on a Diet

  
  
  
Put your business on a diet

Have you ever put your small business on a diet? I'm not much of a dieter; I like wings and beer too much. So I offset that by trying to exercise regularly. However, one of our clients told me he is starting the Paleo diet. I kind of chuckled only because I had never heard of it. It seems like there is always some new fad in diet. The Atkins diet, some sort of juice cleanse, it always makes me sort of chuckle. As I thought about it more, people try the same thing in business; people put their small businesses on a diet as well.

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Why Most Small Businesses Fail

  
  
  
Small Business Failure

You can read a ton of articles about small business failure. This Forbes articles gives 5 great reasons why 8 out of 10 small businesses fail within the first 18 months. You can come up with all sorts of reasons for why businesses fail. However, I'm going to take a broader more general outlook on small business failure. I have been pondering lately why so many small businesses fail and think I have it down to just three general reasons; time, money, and knowledge. These three reasons are not necessarily why a business fails but rather why nobody starts their business correctly from the very beginning. 

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Creating a Business Network in a New City Through One E-mail

  
  
  
Missoula Small Business Consultant

I recently have had such a great experience building my network in a new city and it all stems from sending one e-mail. As many of you know I spend over half of my year in the Missoula, Montana area. This spring I was wrapping up my Goldman Sachs 10,000 small businesses scholarship and was inspired to get involved in the Missoula entrepreneurs scene. I was leaving the Goldman program with a pretty good business opportunity which I had developed. I am considering Missoula as the home for my new business venture as it is a national service and a specific location is not vital, but I love the town of Missoula and believe it would be a great place to launch a business.

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End of Year Tax Planning for Your Small Business

  
  
  
Plan Small Business Year end

Be proactive – start planning for taxes now.

Before the holidays hit, before the snow flies, before the busiest time of the year, you want to start your tax planning. Take the time to think about your 2014 taxes. Failure to plan and implement can cost you big time. Your time and your money are at stake. Leaning into the process and meeting it head on will reward you both in terms of less effort and likely less taxes to pay.

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