In the hectic world of construction, it’s all too common for owners to juggle multiple roles—project manager, HR, accountant, and more. While it might seem like a way to save money, this multitasking often ends up hurting your business’s bottom line. Let’s talk about why trying to do everything yourself isn’t the best strategy and […]
Setting Up Your Business for Success: Essential Bookkeeping Tips for Entrepreneurs Starting a new business is an exciting journey filled with countless opportunities and challenges. As you navigate through setting up your company, one crucial aspect often overlooked is bookkeeping. Proper financial management is essential not only for staying compliant with regulations but also for
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As a bookkeeper who’s seen this scenario play out time and again, I can tell you that waiting until year-end or tax time to tackle your bookkeeping isn’t just inconvenient—it’s actually holding your business back. Every year, many business owners find themselves promising, “Next year, I’ll stay on top of my books.” Yet, as the
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Recently, I received an email from a CEO who listed out their problems. It included the comment “I know this is not the exact line of work you do, but I trust you”. The most impactful word in that email was trust. In 2023, I have had an increasing amount of conversations with entrepreneurs and
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Navigating your way through finding quality staff to meet your business’s financial needs can be difficult. We have made it easy for you by developing a guide to help you pick the right accountant for the job. Here are 5 things to look for in a staff accountant. Let’s start by saying we are not
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Your business’ finances are complex, moving pieces and should be handled by a professional, but with so many job titles in the finance sector, how do you know what your business needs? Two of the most common positions in finance are bookkeepers and accountants and although they may seem similar on the surface, they’re actually
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As complicated as a business’ finances can be, it makes sense that businesses usually have several people managing their finances – one of them being the controller. Below we will explain what a controller is and the function they play in a business’ finance department. Let’s dive in! What Is a Controller? A controller is
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Running a small business is difficult enough without having to worry about managing your finances. Luckily, with a little preparation and a focus on your expenses and income throughout the year, you can save yourself a lot of headaches come tax time. Below we will dive into our top bookkeeping tips for small businesses –
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While their roles may seem similar, controllers and CFOs actually serve different purposes in a company. The largest difference between controllers and CFOs is that CFOs oversee the entirety of the finance department, while controllers manage just a portion of a business’ finances. In some companies there is only a Corporate Controller. Additionally, in other
If you’re looking to expand your accounting department for your small business, you’ve probably considered adding a few different types of bookkeepers to your team. To make your decision a little easier, we’ll be explaining one of the most popular types of bookkeepers: a full charge bookkeeper. A full charge bookkeeper is tasked with the
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