Business

Bookkeeping. It’s the business equivalent of eating your vegetables—essential for health, but not exactly the highlight of your day. It’s easy to overlook this behind-the-scenes task as a dry, repetitive chore. However, don’t let its lack of excitement fool you. Bookkeeping might not come with a flashy title or thrilling action scenes, but it’s the […]

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

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

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

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 –

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

“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

Technically no, however let’s talk about some of the things that a good bookkeeper or staff accountant can do. Clean up a mess:  There are times a business owner or CEO feels out of the loop.  There is so much going on they cannot grasp exactly where the business stands.  Add in some errors in