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Salt Lake City Bookkeeping Blog

Boost Revenue, Cut Costs: The Psychology Behind Anchoring

Posted by Leanne Armstrong on Apr 10, 2019 9:00:00 AM

Because it can be applied to both pricing and negotiations, the anchoring bias has the potential to boost your company’s revenue and help you cut costs. Identify how anchoring works and you’ll be better positioned to charge more for your product or service, while paying less for your business expenses.

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Topics: Grow Your Business, Growth Coach, Business Accountant, Pricing

Talking the Talk: 10 Financial Terms You Need to Know

Posted by Leanne Armstrong on Sep 26, 2018 9:00:00 AM

Entrepreneurs often cringe at the idea of coming to terms with the language of finance. After all, isn’t that what accounting professionals are for? But getting up close and personal with key terminology not only helps keep you agile as a business owner, it can improve your understanding of financial strategy and increase your income potential.

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Topics: Accounting Services Provider, Growth Coach, Business Accountant

The Lighter Side of Bookkeeping: 5 Fun Facts You Probably Never Knew

Posted by Matt Roberge on Nov 4, 2016 9:00:00 AM

Think bookkeeping is all work and no play? It’s true that accounting doesn’t always make the biggest splash when it comes to exciting careers, but you might just find yourself delightfully surprised by the rather unexpected side of this suit-and-tie industry. Here are 5 fun facts to keep you entertained the next time you sit down to tackle your own small business bookkeeping.

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Topics: Bookkeeping Business, Bookkeeping Blog, Bookkeeping Service, Business Accountant

Small Business Bookkeeping: 7 Problems Solved With An Efficient System

Posted by Matt Roberge on Aug 28, 2013 7:00:00 AM

SMALL BUSINESS BOOKKEEPINGNo doubt about it, every small business has its share of problems. But most of all, business owners complain about their lack of time.

It's a constantly recurring theme. Business owners want to keep their books updated, but they just don't have the time. So they do what comes easiest- slide their small business bookkeeping to the back burner.

That’s where we come in…

It’s very rewarding to have clients who understand how to use the bookkeeping system we’ve built and maintained for them. With our systems they have more time to focus on what really matters- making their business grow.

In my experience, it’s really not a lack of time that keeps a small business from staying up to date with their books, but rather an inability to manage it. I could give you a million excuses why I don't want to do our books or post blogs on a consistent basis. But I manage my time and make it all happen.

Here’s a simple truth for running a successful small business…

You have to find a way to dedicate time to updating your books on a consistent basis so the bookkeeping system can do its job.

The upshot?

Up-to-date bookkeeping will help owners overcome the worrisome obstacles most small businesses face.

Here are 7 problems most small businesses encounter and how a proficient bookkeeping system will help solve them…

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Topics: QuickBooks, Bookkeeping System, Bookkeeping Service, Business Accountant