Business owners often assume it is best to do their own financial record-keeping, but that is seldom the case. Here are six reasons why: Time. Hours you spend tracking sales, classifying expenses, reconciling accounts, recording payments and creating monthly reports could be spent on revenue-generating activities, or taking a needed mental health break from work. […]Read More
A lot of small companies have a staff or family member without any accounting or bookkeeping experience record their transactions, which seems cost-effective, but can be a bad decision in the long run. The money you “save” could actually be costing you. What Can Go Wrong It doesn’t take much for a bookkeeping error to wreak havoc […]Read More
Many people with as little as one bookkeeping course keep small company books, but professional bookkeeping companies offer much more value. Bookkeeping firms manage account records, produce financial reports, and monitor revenue, spending and invoices. They analyze documents to make sure accounts are current and accurate. They also make sure you are ready for tax […]Read More
Do you own a business that needs some bookkeeping assistance? Contact us today to chat about how we can help you. There’s a cloud-based bookkeeping software that’s much easier to learn and use than QuickBooks: Xero. You can customize its dashboard, which is nicely organized, user-friendly and easy to navigate. Your display can include bank balances, […]Read More
Business owners often think it is less expensive to do their own financial record-keeping, but you may be surprised to learn that is seldom the case. Here are some reasons why: Time is money. Hours you spend tracking sales, classifying expenses, reconciling accounts, recording payments and creating monthly reports could be spent serving your customers, and […]Read More
Bookkeepers manage client accounts, produce financial reports, and monitor revenue, spending and invoices. They analyze financial documents to make sure accounts are current and accurate, using specialized software, spreadsheets and other tools. Businesses of all sizes do their own bookkeeping, but many others hire outside experts, because it usually saves them time, money and hassles […]Read More
Over the past 5 years, the food delivery industry has grown by 20% making it a $100 billion-plus industry. The food delivery trend is here to stay, and many restaurants, big and small, are looking to grow their customer base to new and regular customers who prefer to stay in. Not sure where to start […]Read More
It’s not a secret that most restaurants produce large amounts of garbage and use large amounts of water and energy. But consumers are starting to become more environmentally conscious, worrying about global warming and pollution. A study done by Purdue University found two thirds of today’s restaurant customers are willing to spend more if a […]Read More
Own a food truck? Need bookkeeping help? Send Us A Message to chat about how we can help you. In the technology community, the lean startup model is a common strategy used for new businesses. According to The Lean Startup, the lean startup method provides a scientific approach to creating and managing startups and get […]Read More
You may be spending a lot of time focusing on marketing or sales to grow your business. But analyzing your financial information is another important way to gain insight into your business and set future goals. What the Numbers Can Tell You Your profit and loss (P&L) statement, or income statement, is sort of like […]Read More
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