From a financial perspective, I would say that the number one issue for small businesses is having access to accurate financial information when they need it.
Many new prospects tell us that they...
I had a really interesting conversation with one of my advisors from the Goldman Sachs 10,000 Small Businesses Program yesterday. He was astounded by how many small businesses don't understand their...
It probably doesn't come as any surprise that I handle my own bookkeeping. After all, bookkeeping is my profession, so it makes sense that I handle it for our business. A marketing consultant...
If you have a cash register, an inherent liability goes along with it: the cash could disappear.
When money changes hands, there is a higher risk of theft and mistakes.
That is why having a...
For years I have been preaching the power of daily bookkeeping to friends, colleagues, clients, and blog readers. Daily bookkeeping is exactly what you think it is, updating your books every single...
Controlling accounts receivable is a challenge for any small business owner.
You are so relieved and happy when you make a new sale and you send out an invoice. The problem is sending an invoice is...
Most business owners do not use bookkeeping as a business tool to make decisions. Most bookkeeping systems are not set up properly to be used as a tool and therefore most business owners don't see...
Working with lots of different small business owners we see a lot of misconceptions about bookkeeping. Many business owners just don't have the education or background to understand small business...
What’s your burn rate? Not calories per hour, we’re talking dollars per month. Dollars per month you small business goes through to stay functional. Business owners need to know what it takes to...
