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Salt Lake City Bookkeeping Blog

Why You Struggle To Understand Bookkeeping And What You Can Do

Posted by Matt Roberge on Jan 19, 2016 8:45:00 AM

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 bookkeeping and dismayed by those who see no value in it. We commiserated over the many successful small businesses who don't have an adequate bookkeeping system in place to understand their current situation. They don't even know the status of their accounts receivable (AR), accounts payable (AP), or cash flow.

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Topics: Cash Flow Management, Small Business Bookkeeping, Grow Your Business, Value-added Bookkeeping, Bookkeeping System, Growth Coach

Help! I'm Too Busy To Handle My Bookkeeping

Posted by Matt Roberge on Sep 26, 2014 7:00:00 AM

The number one reason we get new clients is because most small business owners are too busy to handle their bookkeeping. It is often true that a business owner is too busy to update their bookkeeping, but that doesn't mean it is important. I'm also quite a busy person but I find time for all the important aspects of my small business, even if I am not directly doing the work in a particular area. If you are too busy to handle your small business bookkeeping here are a few things you still need to know.

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Topics: Bookkeeping Theft, Outsourced Bookkeeping, Bookkeeping Services, Bookkeeping Help, Value-added Bookkeeping, I'm Too Busy

Pains That Proper Bookkeeping Can Remedy

Posted by Matt Roberge on May 12, 2014 7:00:00 AM

For many businesses their bookkeeping causes a lot of pain.  However, when handled correctly there are many pains that proper bookkeeping can remedy.  Common reasons that bookkeeping causes pain are: it is intimidating, people don't like it, and it's often way behind because it gets pushed to the back burner.  A solid bookkeeping system that is handled properly can solve many of the common pains below. 

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Topics: Tax Tips, Small Business Bookkeeper, Small Business Bookkeeping, Financial Reporting, Bookkeeping Pains, Value-added Bookkeeping