The terms bookkeeping and accounting are often used interchangeably, but there are some key differences that distinguish one from the other. While both functions play essential roles in managing your company’s finances, it’s important to understand the nature of their relationship, and how bookkeeping and accounting ultimately work together to ensure the success of your business.
Topics: Outsourced Accounting And Bookkeeping, CFO Consulting, Strategic Planning, Growth Coach
Are you afraid of the word no? Whether it is hearing or saying no, does that have a negative connotation for you?
Topics: Business Sales, Growth Coach
Launching a new business? Great! Books prepared and ready to go? If your answer to that is any version of “not so much”, you should probably delay the impulse to throw open your doors.
Topics: QuickBooks Setup, Start A Business, Startup, small business startup
I hear it all the time from new prospects of our bookkeeping service: "I need a better bookkeeper."
Topics: Small Business Bookkeeper, Hire A Bookkeeper, Better Bookkeeping, Growth Coach
Maintaining a positive short-term cash flow position – one where the revenues from selling your product or service are greater than your expenses for things like rent, salaries, and supplies - is critical if you want your company to succeed.
Topics: Cash Flow Management, QuickBooks Cash Flow, cash flow forecasting, Cash Flow
Aspiring business owners and established entrepreneurs alike can find it hard to resist the urge to explore new opportunities! But whether that means expanding your current line-up of products and services – or launching an entirely new venture – the key to success lies in evaluating each business opportunity with care.
Topics: Financial Reports, Strategic Planning, Growth Coach, Profit Coach
There’s a great deal of research to suggest that employees who feel engaged in the workplace are happier and more dynamic. When you invest in a business culture that promotes loyalty and enthusiasm among the ranks, it can lead to better performance at the organizational level.
Topics: Hiring, employee, sourcing employees
Do entrepreneurs really approach business so very differently from the average employee? The short answer is yes. And the most accomplished business owners are often the ones who have mastered the delicate balancing act between entrepreneurial and employee-like attributes.
Topics: Starting A Business, Entrepreneurship, Growth Coach, small business startup
Many entrepreneurs are so busy getting their businesses up and running that they give little thought to expanding or selling. But having a viable growth and exit strategy in place should be part of your company’s overall plan. Especially since being prepared when opportunity knocks, is often the best way to profit from your business investment.
Topics: Small Business Bookkeeping, Investor Bookkeeping, Growth Coach, business investment
