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Salt Lake City Bookkeeping Blog

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Make Your Small Business Bookkeeping Work For You

  
  
  
Fix My Bookkeeping

I meet a lot of business owners that have a small business bookkeeping system that just doesn't work. Quite often when we meet a business that is having bookkeeping issues their system has not been updated in quite some time and is full of errors. A lot of business owners hate bookkeeping and for good reasons; they have never had a bookkeeping system that adds value. Here is a quick guide on how to make your small business bookkeeping system work for you. 

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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.  

Why Do We Write Blogs For Our Small Business?

  
  
  
Blog for a Small Business

Do you ever wonder why we write blogs for our businesses? It can be a lot of work to keep up with and difficult to come up with new ideas. As I type this it is a beautiful Friday afternoon in Montana approaching 90 degrees; there are a million other things I would love to be doing. Yet, we write blogs, but why? 

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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.  

Focus on Growing Your Small Business

  
  
  
Focus On Growing Your Small Business

Everyone wants to grow their small business, but some owners can't fully focus on growing their business. It seems like there is always too much to do and never enough time. Growth planning tends to easily get pushed down the schedule as the day to day tasks unfold. Things always seem to come up like the unexpected meeting, emails, phone calls and pressing issues that need to be resolved right away. It is important to focus on growing your small business and to make the adequate time each week to focus on important business issues, not just what is in front of you at the moment. 

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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.  

Bookkeeping Tasks for Every Part of the Year

  
  
  
Monthly Bookkeeping Tasks

There are bookkeeping tasks that need to be taken care of no matter what time of year it is. Many people only do their bookkeeping once a year for taxes but that is the equivalent of running your business blind. The key is that you need to understand what bookkeeping tasks you should be worried about no matter what time of year. 

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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.  

What My Dog Understands About Running a Small Business

  
  
  
Cooper Puppy

Meet my dog Cooper; he has moments of brilliance as well as stupidity. My wife and I are both work at home professionals so we spend a lot of time with him. He doesn't get left home alone much and gets to go outside a lot. Overall Coop has it pretty good as far as a dog goes. This morning I was fishing with him and he wandered off. I found him lying down on the river bank next to a complete stranger that was petting him. I called him and we took off upstream. I was thinking about Cooper's normal behavior and realized how much of what he does in his day to day can help you 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.  

Small Business Sales and Fly Fishing; Presentation is Everything

  
  
  
Business Sales Are About Presentation

Most of my time outside of the winter season is spent working on our small business and fly fishing. I live a very short walk from a good trout stream so I try and fish most days; at least for an hour or so. My daily routine consists of helping run a small business intermingled with some trout fishing, so I find a lot of correlations. It's hard not to occasionally let my thoughts drift back to business when I'm fishing (although I do try and escape). I was out fishing the other night thinking to myself, "I'm out here trying to sell to the trout. What am I doing wrong?" That is when I realized that success all comes down to presentation; both in sales and in fishing.

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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.  

Effective Lead Generation Methods For Your Accounting Business

  
  
  
Lead Generation for Accounting Firms

Many small businesses struggle with lead generation tactics.  I stay pretty in tune with the accounting industry in general and know that many business owners struggle with lead generation in our industry.  I see lots of bookkeepers and accountants post on LinkedIn about how they just started their own practice but need advice on obtaining new clients.  While there are lots of effective lead generation methods for your accounting business I would recommend just a few.  Whenever I am asked how to generate leads for an accounting service or any service based business I always answer with these three tactics: inbound marketing, networking and referrals.

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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.  

What Drives The Success Of Your Small Business?

  
  
  
Drive The Success Of Your Small Business

Have you ever thought about what actually drives the success of your small business? During a conversation in a recent networking event someone said that nine out of 10 small businesses fail within the first 10 years of being in business.  As this article points out this figure is probably completely nonsense because so many different factors need to be considered like time frame, does fail mean out of business, and failure rates in different industries.  However, there is no argument against the fact that many small businesses do fail.  So what drives the success of those businesses that make it? 

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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.  

Get Your Bookkeeping Ducks In A Row From The Get Go

  
  
  
Get Bookkeeping System Organized

Every once in a while we will get a new prospect that wants to get a handle on the bookkeeping for their business before they even begin operating.  More often than not we see business owners try do it yourself bookkeeping and make a mess out of things.  Typically a business owner will by some version of QuickBooks without considering their actual needs.  Then they just start messing around with the program and don't get the books done accurately.  A few months later if the business takes off they realize they need help.  It is usually much more expensive to fix a bookkeeping mess than to just do it correctly from the very beginning.  Here is how to get your bookkeeping ducks in a row from the beginning.  

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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 Lessons From My Goldman Sachs Cohort

  
  
  
Small Business Lessons

I've written a lot about it lately but in case you missed it I was a scholar of the Goldman Sachs 10,000 Small Businesses program.  I completed the program almost six weeks ago but still think about my experience often.  I have been spending quite a bit of time out of the office lately first on a long overdue honeymoon in Kauai and then on a seven day 100 mile river float on the middle fork of the Salmon River.  However, small businesses and entrepreneurs are always on my mind no matter what I am doing so I have been busy taking notes and brainstorming for this post.  I think I finally have my thoughts together so here are my five big takeaways from my experience in the Goldman Sachs 10,000 Small Businesses program.

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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.  
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