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 […]
Trust Issues with Sharing Your Financial Information Read More »
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
What Does a Controller Do? Read More »
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 –
Small Business Bookkeeping Tips Read More »
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
What Is a Full Charge Bookkeeper? Read More »
You made a profit. Obviously, this is the primary reason millions of people start businesses. The reality however is that it often takes time to generate a profit. If your accounting is organized, by the time December rolls around you should have a solid idea of your net income. With a smile on your face
3 Reasons a Business Owner Is Smiling in January Read More »
Many individuals have a dream to start a business and they make it happen (yay and congrats!). Let’s carry this further many do not have any experience in bookkeeping and to make matters worse are not “number” people (anyone who is not a number person knows exactly what I am talking about). When a bookkeeper
Bookkeeping Defined Read More »
“My financial reports are not correct, however I simply do not know why!” Unfortunately, this statement is not that uncommon for many businesses. If an issue is left undealt with for extended periods of time the layers add to a messy outcome. Items from the books not being properly reconciled, to miss-classifications can have business
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