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All the latest information about bookkeeping, small business growth & scaling, and our customers
Benefits of Not Doing Your Own Payroll

As a small business owner, figuring out ways to save on expenses is a constant battle. There are some ways this works and others that don't. Do-it-yourself payroll is one place you might want to...

Should You File a Tax Extension?
No.

There was the short answer. What happens a lot of times with small businesses is that the tax extension is filed consistently year-over-year.

Not only can this be more expensive than paying a tax...

How to Maximize Profitability Outsourcing Your Books

What we are going to look at today is how to maximize profitability by outsourcing bookkeeping. Profitability is more than just revenue minus expenses.

It can be difficult to see how spending money...

What is a Credit Memo?

When was the last time you gave a customer a credit or discounted an item after you shipped it off to them?

Chances are, you deal with them often. It's not always just because you're a nice person or...

Being Too Busy Means Poor Business Structure

Does the following conversation sound familiar?

Me: How's business?

Most people: It's great. I'm so busy!

Me: Oh nice. Want to get together and discuss some growth opportunities? 

Most people: I'd...

8 Bookkeeping System Necessities

Over the 14 years I have owned a bookkeeping service you can imagine that I've seen a lot of different sets of books; the good, the bad, and the incredibly ugly. To be honest, more often than not the...

Cash Flow Management for Small Businesses

Cash flow management became a big concern for a lot of businesses this year, especially after COVID really set in. The problem was that most businesses not only didn't have a good handle on their...

4 Proven Ways to Deal with Difficult Clients

You know your business offers a quality service. You know you work hard to keep clients happy. But despite your best efforts, you’re bound to cross paths with the occasional customer who feels...

5 Customer Loyalty Tips to Fuel Your Bottom Line

Nothing fuels a bottom line better than a revenue stream that’s solid and growing. But to hang onto existing customers, you need to inspire their loyalty. Consumers are always on the lookout for...

Best Bookkeeping Practices for Dealing with Bad Debt

When you extend credit to a customer who fails to make good on their obligation to pay you, that loss of income becomes a bad debt. Most bad debt happens because a client has run into financial...

How Adjusting Entries Keep Your Accounts Accurate

For accounting purposes, your business must record a journal transaction each time a financial event like a customer sale or purchase of supplies occurs. But unless your company qualifies for and...

Need Funding? Let’s Look at Debt vs Equity Capital

Entrepreneurs often take it for granted that the financing they need to get and keep their ventures afloat will come directly from the revenues they generate. But in many cases, your income won’t be...

Say And Accept No To Succeed

Are you afraid of the word no? Whether it is hearing or saying no, does that have a negative connotation for you?

Saying and accepting the word no in business isn't always bad. In fact, learning to...

I Need A Better Bookkeeper

I hear it all the time from new prospects of our bookkeeping service: "I need a better bookkeeper."

This is the response I often hear after I ask them what they are currently doing for bookkeeping....

Top Small Business Trends for 2017

Whether you’ve recently started a business, or have already established a solid footing in your industry, keeping a finger on the pulse of emerging trends is vital. Economic forces aside, small...

When Is It Time to End Your Business Partnership?

Breaking up, as the song goes, is hard to do. While breaking up a personal relationship may leave you reaching for sad movies, breaking up a business partnership can lead to not only sadness, but...

What Is Your Business Credit Score?

As an individual, your personal credit score is important when you apply for a job, apartment or financing. In the business world, your business credit score is much the same. It helps determine...

Common Small Business Mistakes

Small-business mistakes can add up to big disasters. While large companies have the capital and budgets to fix big errors without folding, the same is just not true of smaller enterprises. If yours...