Posts Tagged “professional bookkeeping service”

Know Your Strengths, Outsource Your Weaknesses

someone filling out a check

It’s a well-known phrase in the business world, but do we practice it? Too often, we think, “Oh, it doesn’t take that much of my time,” but when we add all those weaknesses together and how much time is taken away from the primary focus of our success, outsourcing can be a smart business decision. One […]Read More

Understanding the Difference Between Balance Sheets and Income Statements

someone at computer using bookkeeping software

Professional bookkeeping companies produce income statements and balance sheets for their clients. These reports are excellent tools for owners of businesses, but they are often confused for one another. A balance sheet gives a snapshot of your financial situation at a moment in time, while an income statement — or profit and loss statement — […]Read More