America is experiencing a labor shortage unlike any in our past. With employees taking non-traditional jobs, retiring early and starting their own businesses, organizations across sectors are struggling to stay fully staffed. Here are four sets of actions you can take to address the worker shortage: Make the work more gratifying and viable for the long-term, improve […]Read More
Posts Tagged “bookkeeping for small businesses”
Your Bank Account The first thing you need to do, after registering your business with the state, is open a bank account. It is best to have an account separate from your personal account. Open a business checking account first, then a savings account to put aside money for taxes. Many entrepreneurs start with putting […]Read More
So, you’ve decided it’s time to outsource your bookkeeping. How do you find the right company to do the job? As with searching for any other professional, there are no shortcuts: Network Your networks are a great place to start. Ask people you trust who does their bookkeeping. If you already have a relationship with […]Read More
Many small business owners mistakenly think of bookkeeping as only data entry, and trust the function to an unqualified employee. Accounting software is making bookkeeping much easier than in years past, but it’s still critical that it is handled accurately. 5 Reasons Good Bookkeeping is so Important Bookkeeping helps keep business and personal finances separate. […]Read More
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Bookkeeping for Franchises
Bookkeeping is a necessary evil of owning a business. Important for making payroll and evaluating performance, but not revenue-generating. Doing your own financial record-keeping as a franchise owner is a poor use of your time. A better way to know where you stand at all times is to outsource your bookkeeping to a firm that focuses on franchises. BookWerks™ provides affordable bookkeeping to small business owners using the latest technology. Every Franchisee receives a customized Chart of Accounts, standardized monthly reporting and consolidated reports that also go to the Franchisor, at a discounted flat monthly fee. Applying cloud-based SaaS technology, we electronically scan, digitally read and categorize vendor invoices, and link directly with management on POS systems, payroll, credit cards and bank accounts. Franchisees get robust Income Statements and Balance Sheets within days, quick answers to questions, and more time to focus on their business and life outside of work.