Posts Tagged “small business bookkeeping”

How a Bookkeeping Service Can Help Your Small Business Grow

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 isn’t just important for everyday business management— it’s also key to the growth of your business. When you outsource accounting and bookkeeping, your potential for growth and […]Read More

Do You Need an Outside Bookkeeper?

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: Bookkeeper Responsibilities What does a bookkeeper do? A bookkeeper gets financial processes […]Read More

How Lax Bookkeeping Can Hurt Your Business

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 issues 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 […]Read More

6 Reasons Good Bookkeeping Matters for Small Businesses

Small business owners wear a lot of hats. It’s no wonder bookkeeping is not always top of mind. Some small business and franchise owners are actually fuzzy on what bookkeepers do. But skipping the chore of recording financial transactions and leaving it all to your accountant at tax time is a risky practice. Professional bookkeeping […]Read More

To do or not to do Your own Bookkeeping

someone at computer using bookkeeping software

Wondering “Why should I use a bookkeeping service?” 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 […]Read More

Custom Website by WeGo Unlimited | Cincinnati Website Design

Smarter Restaurant Bookkeeping Means Higher Profits

nce you’re behind on your restaurant accounting, it can be difficult to catch back up. Whether you’re doing your own books or outsourcing the bookkeeping for your restaurant, recording day-to-day transaction is essential if you want to compete and win. Making a daily sales entry mimics how cash and credit card deposits hit your restaurant’s bank. Most restaurant POS systems have a daily sales summary built in. If you need to customize the report you will need to work with your POS system. Restaurant bookkeeping is a specialty at BookWerks^TM, and our cloud-based accounting software can automate the tracking of your income and expenses. We know what “good” financials look like in the industry, and which Key Performance Indicators (KPIs) deserve your focus, based on your business model. Bookkeepers who specialize in restaurants can analyze your financials to discover operational shortcomings, cost leaks, and trends that require immediate action.