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How Timely and Accurate Financials Can Help Grow your Business

To succeed in business, you need a trusted bookkeeper. Many small business owners outsource to professional bookkeeping services like BookWerksTM, which is based in Cincinnati but serves clients all over the US and beyond remotely. Whether you do your bookkeeping in-house or outsource it, you need timely and accurate financial reports in order to make […]Read More

Know What You Want Before You Hire an Outside Bookkeeper

Many small businesses and franchises trust outsourced accounting bookkeeping companies to keep track of their financial health. If you are considering going outside, how can you discern which bookkeeper is right for you? Here are some of the things people look for in small business bookkeeping services in Cincinnati, in the words of BookWerksTM clients. […]Read More

Beyond Saving Time and Money, Why Outsource Bookkeeping?

Many small business owners and Franchisees do their bookkeeping in-house, which is great if you have someone qualified on staff–who has the time to stay up on all the regulations for your industry. Many others discover it works better to outsource their financial record keeping to a firm dedicated to bookkeeping and accounting services for […]Read More

Getting the Most out of Your Franchise’s Bookkeeping Service

Franchising is an excellent way to grow your small business, or, if you are an entrepreneur, to pursue opportunities with low start-up costs and comprehensive training. One thing you will need to succeed as a Franchisor or Franchisee, however, is timely and accurate financial recordkeeping. Some franchises do their own bookkeeping; others outsource the task […]Read More

Finding the Perfect Bookkeeping Service for Your Small Business

Thinking of hiring a bookkeeping service for your company? That’s a smart idea! You’ll save time and money vs. doing the books in-house if you choose one of the more affordable bookkeeping companies in Cincinnati like BookWerksTM. How? Independent bookkeeping firms like BookWerksTM are more efficient and accurate than most internal bookkeepers, who often have […]Read More

Help Yourself by Recommending a Good Bookkeeper to Your Franchisees

You have lots of reasons to make sure your Franchisees select a good bookkeeping service: Gain easy access top line data like sales, cost of goods sold, gross margins Receive consistent data within Charts of Accounts to simplify comparing locations Get on-time, accurate marketing fees, royalties and management fees Enjoy correct record-keeping so you earn […]Read More

Good Bookkeeping Practices to Make Tax Time Less Stressful

someone at computer using bookkeeping software

The best way to reduce tax-time stress is to have a trusted outside bookkeeping firm handle your financial record-keeping year-round. Bookkeeping companies like BookWerksTM will have all your reports ready to hand over to your accountant in plenty of time. Everything will be complete and accurate, and compliance with regulations in your field will be […]Read More

How to Avoid the Tax Time Scramble (Next Year)

It’s spring, and that means finding everything you need to pay your small business taxes. The good news is, you only have to go through this scramble one more time. If you hire BookWerksTM, one of the top Cincinnati bookkeeping companies, paying taxes next year will be a piece of cake. We’ll automatically send the […]Read More

Choosing the Right Bookkeeper for Your Franchise

To succeed as a Franchisee, you need timely, accurate financial record-keeping. This will achieve three things: show where you stand at all times provide the information you need to grow make the data your Franchisor needs available quickly Your Franchisor may want to review numbers based on each of your locations’ Chart of Accounts. Accurate, […]Read More

What Makes a Successful Franchisor

Over the years of providing outsourced bookkeeping services to franchisors and their franchisees, we have discovered that certain characteristics are required for a franchisor to be great. Not all successful entrepreneurs make excellent franchisors—it takes a somewhat different skill set and personality type. Guiding franchisors in financial recordkeeping practices that lead to well-informed business decisions, […]Read More

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Finding the Best Bookkeeper for Dental Practices

The best bookkeeping company for dental practices will manage financial records specific to the industry while ensuring regulatory compliance and financial health. Dentists have unique bookkeeping needs due to their mix of recurring services, one-time procedures, insurance billing and high-cost equipment purchases. As a premier bookkeeper for dental practices, BookWerks^TM provides the following: tracking income from patients (categorizing income sources such as routine cleanings, procedures and elective services); following up on recording payments for office supplies, utilities, dental materials and lab fees; tracking high-value assets like dental chairs, X-ray machines and sterilization equipment (and calculating their depreciation for tax purposes and long-term financial planning); ensuring all transactions match bank and credit card statements–identifying discrepancies and correcting errors promptly; and preparing profit and loss statements, balance sheets and cash flow statements, providing insights into the practice’s profitability and financial trends.