Bookkeeping Basics for New Business Owners

financial paperwork

Bookkeeping is the process of keeping track of each financial transaction–from the day you hang out your shingle to the day you shut down. Each transaction is recorded based on documents such as receipts, invoices or purchase orders Most companies–or their bookkeeping partners serving small businesses–use specialized accounting software to keep their books. The bookkeeper […]Read More

How a Bookkeeping Service can help your Small Business Grow

financial growth chart

Small business owners are responsible for sales, marketing, product development, customer service and more. It’s no wonder bookkeeping often falls between the cracks. But keeping accurate financial records is key to the growth of your business. What Does a Bookkeeper Do? A bookkeeper is responsible for maintaining financial records and ensuring that all transactions are […]Read More

Do You Need an Outside Bookkeeper?

accounting paperwork

One of the most important tools you can use to become more competitive and profitable is a bookkeeping service. After they hire professional bookkeepers, businesses enjoy average profit increases of 16%. Does your business need a bookkeeper? Here are some things to consider: What Does a Bookkeeper Do? Key responsibilities of a bookkeeper include getting […]Read More

Options for Outsourcing Your Bookkeeping

person looking through magnifying glass

Outsourcing the role of bookkeeping is a good choice, particularly for small businesses that do not have the resources to hire an in-house bookkeeper. It may be time to outsource your bookkeeping if: Doing it yourself is taking up more time than you want to spend You often fall behind in logging your financial transactions […]Read More

How Lax Bookkeeping Can Hurt Your Business

money flying out of a briefcase

If you do your own bookkeeping and don’t always keep up, or your bookkeeper is often distracted by other tasks, you can find yourself facing cash flow and other financial problems. Here are 7 warning signs your back office might be putting your business success at risk. 1. You Don’t Know Your Numbers To know […]Read More

6 Reasons Good Bookkeeping Matters for Small Businesses

person multitasking

Small business owners wear a lot of hats. That’s why it can be daunting to realize bookkeeping is a critical task. Skipping the chore of recording financial transactions and leaving it all to your accountant at tax time won’t cut it. Professional bookkeeping help allows you to organize, store and analyze financial information. With this […]Read More

Grow Your Business with Answers from Your Bookkeeping Service

cash money

Need a new piece of equipment to help run your business? You may have questions: Can I afford if? Do I have the cash or credit to buy it? What will be my ROI if I do? Easy answers to these questions can come from a professional bookkeeping company, which always knows where you stand […]Read More

Tasks You Can Outsource Besides Bookkeeping and Accounting

tax docs on desk

From CPAs to POS Systems to Payroll providers, professional bookkeeping services like BookWerksTM can refer you to resources that will fit for your business. We can help you find affordable assistance with: Strategic planning Internal processes Organizational structure Forecasting Software integration Taxes We consider our clients partners, because when you win, we win. We will […]Read More

To Do or Not to Do Your Own Bookkeeping

someone at computer using bookkeeping software

A very qualified CPA, one that would be on my shortlist to call should I ever get a letter from the IRS, once said, “any small business owner should handle their own bookkeeping, because it’s easy.” Sure it is, IF YOU ARE AN ACCOUNTANT! He just didn’t’ get it. Just who are these owners? Are […]Read More

Need a Vacation? We Can Handle Your Bookkeeping While You’re Gone

person relaxing at the beach

If you do your own small business bookkeeping, or have a small staff with one person who handles the books, what happens when you or your in-house bookkeeping go on vacation, take a break, or suddenly need to take time off to care for a family member who is ill? It’s hard enough to come […]Read More